(CNN) – Call it a new twist on an old favorite. Former House Speaker Newt Gingrich announced plans for a new 21st Century Contract with America during an event in Council Bluffs, Iowa late Monday.
According to the Des Moines Register, Gingrich described the revamped proposal as "very visionary" and "10 times deeper and more comprehensive than 1994."
The GOP presidential hopeful who's been polling in the low single digits of support said his ideas are "exactly what Abraham Lincoln would have campaigned on."
The original "Contract with America" spearheaded the successful Republican effort to win back a majority in the House of Representatives in 1994, while the White House was occupied by President Bill Clinton, a Democrat.
And though the partisan scuffles made headlines and eventually led to a government shutdown, Gingrich credited Clinton with wanting "to accomplish something bigger."
Admitting that "the truth is, while we changed the system some … we didn't fundamentally change the underlying system," Gingrich pledged the new contract will make good on its promises.
Gingrich spokesman Joe DeSantis confirmed the candidate will unveil the new "21st Century Contract for America" September 29 in Des Moines, capital of the critical first-in-the-nation primary state.