Former House Speaker Newt Gingrich's political organization is offering 12 steps America should take to get the nation "back on the path to prosperity."
Gingrich is general chairman of American Solutions for Winning the Future, which he founded in 2007. The group has taken out a full-page ad in USA Today headlined "12 American Solutions for Jobs and Prosperity."
The ad, signed by hundreds of people from around the country, criticizes the "failed Washington model of bailouts, deficit spending and a bloated federal bureaucracy," and calls on President Obama and Congress to act immediately on these 12 measures:
- Create a payroll tax credit to help workers and small businesses.
- Cut the 25 percent marginal tax rate to 15 percent.
- Reduce the business tax rate.
- Stabilize housing prices by providing tax credits so responsible home buyers can avoid foreclosures.
- Control federal spending and move to a balanced budget.
- End Medicare fraud by requiring states to adopt anti-theft and anti-fraud measures.
- Develop more American energy.
- Abolish taxes on capital gains.
- Protect workers' right to vote in a secret ballot before being forced to join a union.
- Replace the Sarbanes-Oxley law regulating corporations' accounting practices.
- Abolish the death tax.
- Invest in infrastructure, including a new electric grid.
Source: NewsMax.com
Posted: Knowledge Creates Power
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