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More than 100 influential Republicans plan to release a call for reforms within the GOP alongside a threat to form a new party if change isn’t forthcoming, a person familiar with the effort said. The statement, set to be released Thursday, involves a “Call for American Renewal,” a credo that declares that it is imperative to “either reimagine a party dedicated to our founding ideals or else hasten the creation of such an alternative.” The push will include 13 yet-to-be-revealed principles that the signatories want the GOP to embrace.

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