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Pillars of a Renewed Majority

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This document lays out a roadmap for establishing the pillars of growth and opportunity in America for generations to come.
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    November 7, 2014    2 Over the last four years, the House has served as an outpost in Washington for the people’s priorities. With a renewed majority, we renew that mission, and pledge to focus on good-paying  jobs and an economy strong enough to help keep the American Dream alive and well. To do this, we need a plan, and in conversations with people in my district and around the country, I have identified five things we need to do to harness America’s energy boom and reset the foundation of our economy: ã Fix our tax code  so that we can bring jobs home and families can plan for the future.ã Solve our spending problem  so that our children can pursue their aspirations withconfidence.ã Reform our legal system  to better protect victims and consumers while giving confidence toinnovators and manufacturers.ã Reform our regulatory system  to make it more practical and productive for workers andsmall business owners.ã Improve our children’s education  to eliminate the barriers that keep students frombecoming the best-prepared workers and leaders.This document lays out a roadmap for establishing these pillars of growth and opportunity. As  you’ll see, the House has already done much of the groundwork, but of course, we have miles to go. After all, we’re talking about dealing with some of our country’s most pressing challenges. If we push ourselves and show real leadership in the trenches, I know we will get there together. John A. Boehner November 2014 s PEAKER . GOV /5P OINTS      3 TABLE OF CONTENTS Foreword by Speaker Newt Gingrich 4 The Foundation: America’s Energy Boom 6 Point One: Fixing Our Tax Code 9 Point Two: Solving Our Spending Problem 13 Point Three: Reforming Our Legal System 15 Point Four: Reforming Our Regulatory System 18 Point Five: Improving Our Children’s Education 21 APPENDIX: The Full Five Points Speech 24   s PEAKER . GOV /5P OINTS      4 FOREWORD By Speaker Newt Gingrich Speaker of the House John Boehner gave an important speech at the American Enterprise Institute. He offered the American people in simple language the five things we need to do to reset our country’s economic foundation. It was exactly the kind of realistic, positive vision for governing in the 21st century that Americans have been waiting to hear from either party. Speaker Boehner began with what the House Republicans have accomplished in the last four  years, despite Democrats controlling both the Senate and the presidency. Some of their record may surprise you. Republicans cut total federal spending for two straight years–the first time that’s happened in half a century. They guaranteed that 98 percent of Americans would not see permanent income tax hikes. And they pushed through free trade agreements with South Korea, Colombia and Panama. These are historic accomplishments. They have real meaning for the lives of millions of  Americans. And they create room for future economic growth. Speaker Boehner argued that the real growth in the last few years, however, has come not from government but from an opportunity in American energy–the revolution in energy production that is transforming towns across the country and creating good jobs in places where there have been too few. Thanks to almost unbelievable advances in engineering and technology, the United States is now the world’s leading producer of both oil and natural gas. That energy boom, he said, means the U.S. should be one of the best places in the world to make  just about anything, with more growth, more jobs, and lower prices. It is a “once-in-a-generation opportunity to reset our economy from the bottom up.” Taking advantage of this opportunity will require leadership with the wisdom to do five crucial things, the Speaker said. First, we have to fix the tortuous tax code that punishes companies for doing business here and carves out dozens of special loopholes for the wealthiest Americans while the middle class struggles to get by. Everyone would be better off with a simpler, fairer, and flatter tax code. Second, we have to fix the spending problem and move toward a balanced budget. This means cutting waste and strengthening Medicare and Social Security for current retirees and the next generation as well. s PEAKER . GOV /5P OINTS  
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