That it is the sense of the House that a Contract with America should include a roadmap to restore American competitiveness by—
simplifying the corporate tax structure with lower statutory rates and no loopholes;
taxing overseas profits earned by American multinational companies only where they are earned;
easing the immigration of highly skilled individuals;
responsibly developing America’s shale-gas and oil reserves;
aggressively addressing distortions and abuses in the international trading system;
improving American logistics, communications, and energy infrastructure;
simplifying and streamlining Federal regulation; and
creating a sustainable Federal budget, including entitlement reform.