Well, it’d be interesting to start looking at the original plan from 1994.
Some of the aspects of that contract are, quite obviously, fairly outdated in the modern political world. Crime isn’t a very big focus of national politics, like it was back in the 90’s. Same thing with fears of the UN taking over our military. Wait, I’m doing this wrong. Let me go through each provision (as outlined by wiki, anyways).
The Fiscal Responsibility Act - Obviously something that the Republican Party, in theory, would love to make the issue of an election. It’s the sort of promise that galvanizes Libertarian-leaning voters, Tea Partiers, and a large part of the Republican base. It’s the failure of Bush to continue the practical application of this that lead to a lot of conservative voters (myself included) to withdraw from voting for them (I voted for Chuck Jay in 2008, many of my like-minded friends didn’t vote at all.)
The Taking Back Our Streets Act - As I said above, not really as big an issue as it was 15 years ago
The Personal Responsibility Act - Probably not as popular an item these days with so many voters or family members of voters on unemployment benefits, and the lack of the idealized spectre of welfare mothers leaching off the federal government. The fact that most of it already passed also makes it moot. Replacing it with some sort of act limiting benefits to non-citizens (illegals in particular) would do a lot to galvanize the Republican base, and probably be looked upon favorably by a lot larger a segment of the population than what I imagine most members of this board might imagine.
The American Dream Restoration Act - Already done
National Security Restoration Act - Already done. Al though there’s a certain segement of the base that would love to see a total pull-out of the US from the UN, I don’t think that it’d be helpful with society at large or swing voters to put that as a major issue
Common Sense Legal Reform Act - Tort reform is something that ought to be continued, and is probably necessary in the face of an already passed healthcare bill. I don’t know how sexy this is: it’s certainly something that could pull in a lot of voters from a wide spectrum of the population, if they understood and cared about it. It’d require a lot of investment to make that happen.
The Job Creation and Wage Enhancement Act - Perhaps the key element to be revived in a Contract With America 2.0 The GOP needs to put together a realistic and appealing set of guidelines for retoring the economy that’s different from the Bush/Obama ‘toss sackfuls of cash at corporations’ method.
Citizen Legistlature Act - A radical reshaping of our political landscape, which would get my vote for a pol, no matter what else the guy supported. I’d love to see it attempted again.
There are a few other things which possibly or probably would at least be considered by an attempt to restructure the alliance of old school Republicans, fiscally conservative democrats and libertarians that swept into office in '94. They, in large part, revolve around the social policies connected with the Religious Right: the Defense of Marriage Act, anti-abortion measures, Don’t Ask, Don’t Tell, and a continued criminalization of marijuana. I tend to think that the various anti-gay portions aren’t really worth it in terms of votes. An anti-abortion plank seems to still be both popular and gaining in popularity, rather than the reverse. I’d love a switch to a marijuana-legalization plank, not because I use the stuff (I don’t), but because it’d be a peace offering to the libertarians who got jilted by Bush 2 in exchange for the religious wingnuts. I think the GOP would have a better shot at winning in the long term by actively courting them and relying on a muted level of support from the evangelicals rather than the reverse.