After losing battle to White House, Republicans now aim for new economic agenda.Byline: ANI Washington, Nov 23 (ANI): After losing the Nov 4 presidential poll, the Republicans are not learnt to be focusing on how to reshape their economic agenda and message in order to regain the majority in the US Congress. And, for the purpose, they are getting a plenty of advice. Republican Leader in the US Congress John A. Boehner told his party colleagues last week that "ideas are vitally important." "We need to be bold. The 'same old, same old' won't cut it," he said and added: "If it's an idea that's relevant, that touches a constituency, that seizes the initiative, I and my team will make it a priority. We can't slip into the mode of 'comfortable minority' or 'angry, bitter minority.' We have to engage in the battle of ideas." According to the Washington Times, GOP leaders are of the opinion that the weakening economy and growing unemployment would dominate next year's political debate on Capitol Hill, and by the weekend there was no lack of economic proposals for quickly turning things around. The ideas ranged from boosting capital investment aimed at stimulating new start-up companies and job creation, to educating workers for 21st-century jobs. "Republicans have got to retool their policy agenda in ways that connect to middle-class Americans. For instance, instead of calling for a flat tax or a retail sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. , which will never happen in our lifetimes, how about cutting the middle-income tax bracket Tax Bracket The rate at which an individual is taxed due to a particular income level. Notes: Each income class is taxed at a different level. Generally, the more you make the more you are taxed. from 25 percent to 15 percent, which means most people would pay a flat 15 percent tax?" said Republican economic strategist Cesar Conda, who was Vice President Dick Cheney's chief domestic adviser. He added: "Or, how about treating investments in human capital the same as investments in physical capital by allowing taxpayers to deduct all educational expenses? Our party can't simply rehash re·hash tr.v. re·hashed, re·hash·ing, re·hash·es 1. To bring forth again in another form without significant alteration: rehashing old ideas. 2. To discuss again. the Reagan 1980s; we need a future-oriented economic agenda." (ANI) Copyright 2008 Asian News International The Asian News International (ANI) agency provides multimedia news to China and 50 bureaus in India. It covers virtually all of South Asia since its foundation and presently claims, on its official website, to be the leading South Asia-wide news agency. (ANI) - All Rights Reserved. Provided by Syndigate.info an Albawaba.com company |
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