Wednesday, July 28, 2010

The GOP Tea Party Contract On America



1. Repeal the Affordable Care Act (Health Insurance Reform)

Put insurance companies back in charge, repeal tax credits for small businesses, allow insurance companies to deny coverage based on preexisting conditions and to drop coverage when a person gets too sick and make prescription drugs for seniors less affordable.

2. Privatize Social Security or phase it out altogether

Turn the guaranteed retirement benefits of America's seniors over to Wall Street CEOs by putting Social Security at risk in the stock market or, as some Republicans have called for, phase out Social Security altogether and end a program millions of American seniors rely on for their survival.

3. End Medicare as it presently exists

Phase out and end Medicare as it presently exists for future generations of seniors -- ending Medicare's guaranteed healthcare benefits for more than 40 million American seniors -- and replace it with a voucher system which will result in higher premiums and fewer services for seniors.

4. Extend the Bush tax breaks for the wealthy and big oil

At a cost of nearly $700 billion, extend the Bush tax breaks for the wealthiest Americans and big oil, which are set to expire and which have and will continue to explode the federal budget deficit.

5. Repeal Wall Street Reform

Roll back the toughest consumer protections ever enacted, allow banks to continue to grow too big to fail, and ensure that predatory lenders continue to utilize their most abusive practices.

6. Protect those responsible for the oil spill and future environmental catastrophes

Cap liabilities for those responsible for environmental disasters like the Gulf oil spill and let companies like BP decide which victims deserve compensation for the disaster and what the timeline for relief should be.

7. Abolish the Department of Education

Put the big banks back in charge of student loans and put an end to federal assistance for public schools.

8. Abolish the Department of Energy

End America's investments in a clean-energy future and disband the organization responsible for oversight of nuclear materials.

9. Abolish the Environmental Protection Agency

Gut the Clean Air Act and Clean Water Act -- which together protect our kids from air pollution and keep drinking water safe -- and disband the watchdog that holds polluters accountable.

10. Repeal the 17th Amendment

Take away your right to pick your U.S. Senator.



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