Deficits, Corruption and Republican Principles
The Republican Study Committee has a document [PDF file] up comparing the original Contract with America and the Contract with American Renewed.
They also have a proposal [PDF file] for a balanced budget for fiscal year 2007, based on the original Contract principles.
Bottom line is that there is nothing wrong in Washington that the current Republican leadership couldn’t solve by simply returning to the principles that got them elected in the first place. Of course, there are plenty of Democrats willing to blame the current deficit on Republican principles to their own political advantage and the shortsighted leadership is only too willing to provide them with ammunition by abandoning the very principles that would solve the problems.