This is an exact quote from the 1956 Republican party platform. I  have highlighted a couple of passages. I wonder if the 1012 platform committee would agree to it. 

Taxation and Fiscal Policy

The Republican Party takes pride in calling attention to the outstanding fiscal achievements of the Eisenhower Administration, several of which are mentioned in the foreword to these resolutions.

In order to progress further in correcting the unfortunate results of unwise financial management during 20 years of Democrat Administrations, we pledge to pursue the following objectives:

Further reductions in Government spending as recommended in the Hoover Commission Report, without weakening the support of a superior defense program or depreciating the quality of essential services of government to our people.

Continued balancing of the budget, to assure the financial strength of the country which is so vital to the struggle of the free world in its battle against Communism; and to maintain the purchasing power of a sound dollar, and the value of savings, pensions and insurance.

Gradual reduction of the national debt.

Then, insofar as consistent with a balanced budget, we pledge to work toward these additional objectives:

Further reductions in taxes with particular consideration for low and middle income families.

Initiation of a sound policy of tax reductions which will encourage small independent businesses to modernize and progress.

Continual study of additional ways to correct inequities in the effect of various taxes.

Consistent with the Republican Administration's accomplishment in stemming the inflation —which under five Democrat Administrations had cut the value of the dollar in half, and so had robbed the wage earner and millions of thrifty citizens who had savings, pensions and insurance—we endorse the present policy of freedom for the Federal Reserve System to combat both inflation and deflation by wise fiscal policy.

The Republican Party believes that sound money, which retains its buying power, is an essential foundation for new jobs