Politics
** FILE ** Then-House Minority Whip Newt Gingrich of Ga. addresses Republican Congressional candidates on Capitol Hill in Washington in this Sept. 27, 1994 file photo during a rally where they pledged a "Contract with America."  The contract calls for tax cuts, term limits and a balanced budget amendment. (AP Photo/John Duricka, File) ** FILE ** Then-House Minority Whip Newt Gingrich of Ga. addresses Republican Congressional candidates on Capitol Hill in Washington in this Sept. 27, 1994 file photo during a rally where they pledged a "Contract with America." The contract calls for tax cuts, term limits and a balanced budget amendment. (AP Photo/John Duricka, File)  

Gingrich to unveil new Contract with America next week

GOP presidential hopeful Newt Gingrich announced Monday night he will unveil a new Contract with America next week, the Des Moines Register reports.

Speaking on the campaign trail in Iowa to an audience of about 40, Gingrich — one of the original architects of the 1994 Contract with America — said his new “21st Century Contract with America” will be revealed on Sep. 29 and will be “very visionary” and “very big.” He called it “exactly what Abraham Lincoln would have campaigned on.” (ALSO ON THE CAMPAIGN TRAIL: GOP hopefuls doubtful of Obama tax proposal)

The original 1994 Contract with America helped sweep Republicans into power with talk of small government and spending cuts. Gingrich said the new contract “will be 10 times deeper and more comprehensive than 1994.”

The “truth is, while we changed the system some, we didn’t fundamentally change the underlying system,” Gingrich said.

Gingrich was hamstrung in the early months of his campaign by staff resignations, debt and several other unflattering missteps. Many expected his campaign to disintegrate, but Gingrich has recently rebounded somewhat with several strong debate performances.

He now not sits in the middle of the GOP pack in most polls, tied for fourth place with Michele Bachmann and Herman Cain.