House GOP leaders renew vows with Pledge to America and GOP budget

House Speaker John Boehner

/ AP Photo/Kathy Willens

House Republicans plan to unveil a growth agenda this morning that would include lowering tax rates for businesses and individuals, passing three pending free trade agreements and increasing domestic energy production.

The plan is titled "The House Republican Plan for America's Job Creators" and is largely a renewal of promises House Republicans made in their Pledge to America and in the House GOP budget.

The plan would lower the highest tax rate for individuals and businesses from 35 to 25 percent, according to a fact sheet obtained by CBS News. Tax reform is also on the agenda "to allow American businesses to bring back their overseas profits without having to pay a tax penalty so they can invest in our economy and create American jobs." And leaders estimate that passing free trade agreements with Panama, Colombia and South Korea would create as many as 250,000 jobs.

The GOP agenda would also review existing regulations that hinder job growth and would "require congressional review and approval of any government regulations that have a significant impact on the economy or burden small businesses."

Speaker John Boehner, Majority Leader Eric Cantor and Republican leaders will officially unveil the plan at a press conference this morning. When asked how this plan will be different from the pledge or the GOP budget, one leadership aide said "it follows up on the pledge and fleshes out more details and brings them all under one umbrella as each piece works its way through committee process. The areas are consistent with the pledge but builds out policies."

Another GOP leadership aide said that while these items may not be new, they build on legislation Republicans have already passed that reduce regulatory burdens, cut spending and increase domestic energy production. And that promoting these ideas "puts pressure on the Democrats who run Washington" to act on these GOP proposals.

The plan also vows to "build upon the House Republicans' Budget by enacting significant spending cuts."

Nadeam Elshami, spokesman for House Minority Leader Nancy Pelosi, said the plans reflected "the same failed GOP policies that have increased the deficit."

"The GOP has been MIA on jobs for months and they are now repackaging the same policies that do not create jobs, reduce the deficit, strengthen the middle class and grow the economy," said Elshami.

[ludvig1-2009]

I think they should work on creating more jobs in the United States rather than overseas.

[tevj99`]

What do I think of the plan? What plan!? Isn't it yet to be 'unveiled'?
As we all know, there aren't any bills anymore that can be judged until the whole thing is laid down in black & white. As they say, the devil is in the details.
A "GROWTH AGENDA" is NOTHING. The only thing that counts in congress are BILLS.
As for their proposals...they suck. They have NO INTEREST in lowering the debt, or trying to raise up the poor in this country.
I can see CBS did not lose the republican slant to it's news just because they changed anchors.......

[petesis]

"to allow American businesses to bring back their overseas profits without having to pay a tax penalty so they can invest in our economy and create American jobs."


That sounds like they are gonna make it easier to keep shipping jobs overseas with no tax penalty. That is what that is. They must think we are stupid.

[justme2012]

I think they are trying to get Obama to re-invest his money in America instead of the foreign investments where has his money now.

If our our president is more invested overseas than here, then that should tell you what he thinks of America

[babooph]

After all the jobs they created in China,maybe they have some thoughts on the States,but the rich have trust funds & need no jobs....

[rogueforce]

Free trade agreements we have already tried that much like tax breaks for the rich, which failed in what they were intended to do.
Free Trade = Factories closed here moved to x- country where labor wages are a dollar if you are lucky, no labor laws etc., product shipped back here = mega profits.

[us_1776]

Here we go again.

The same failed/never-worked-not-even-once trickle-down nonsense that the Republicans continually trot out.

The GOP thinks letting some rich SOB not pay their fair share is supposed to somehow magically create some jobs. Gawd, I wish I had a nickel for everytime I heard these GOP idiots tout this trickle-down nonsense over the past 40 years.

Hey Boehner, in case you haven't been paying attention, jobs are starting to come back because of the stimulus. And absolutely no thanks to you GOP idiots and your trickle-down nonsense.

Jeez, you would think after 40 years of failure of this stupid idea the GOP would give up on it. I guess when you only got one idea you gotta go with it.




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[justme2012]

Demcrats voted unanimously to reject Obama's 2012 budget!!!

[rightbehind]

Too funny! Why don't you post why? Let me tell you. Because the democrats realise the political landscape has changed considerably and the republicans no longer have the wind at their backs. Looks like tax breaks for the wealthy are being scrubbed.

[justme2012]

behind, Yes the winds changed. Two days after Ryan put out his plan Obama wanted a "do over". Pathetic


skyk, You are probably correct. Obama probably just had those huge books printed with his 'fake" budget, and gave them out to congress just to make a joke. ha ha ha

[antoniof123]

I think we know their agenda kill medicare, social security so their buddies can make more and more at the poors expense.

I just don't think they get it they have sealed their fate with the last doomed billed tring to kill medicare they are toast.

I will not forget.

[rightbehind]

They renewed their vows with the "sledge to America".

[rightbehind]

Republicans, The American Taliban.

[thesevenveils]

No the Democrats aren't trying to destroy America.