It should come as no big surprise that that the Republican party decided to 'borrow' the views of Libertarians. I think they are just using it to get elected, but we'll see if they stick to it. Here's some of it and a link:
Let’s consider the points, one by one.
(1) We support smaller government, smaller national debt, lower deficits and lower taxes by opposing bills like Obama's "stimulus" bill.
Any Libertarian should stand up and cheer over this point. This is page number one in the Libertarian hymn book. The problem is, do the Republicans really believe in this, or is this just rhetoric to be embraced while they are the opposition party and forgotten when they go back into power. History says the latter is what will happen. Remember Bush’s stimulus checks? Remember the Medicare Drug Benefit? How about the USA Patriot Act, with its warrantless wiretaps and government collection of your personal information? Big Government programs all.
(2) We support market-based healthcare reform and oppose Obama-style government-run healthcare.
Again, this idea should produce no controversy amongst Libertarians. We’ve been saying for years that government interference has been the principle cause of the inflation of healthcare costs, which in turn leads to larger numbers of uninsured. As noted, though, the Bush Administration passed the Medicare Prescription Drug Benefit, which immediately blew past the most pessimistic estimates of its cost. The GOP also consistently opposes a market-based measure to reduce prescription costs: allowing open competition from foreign drug providers.
(3) We support market-based energy reforms by opposing cap-and-trade legislation.
This is another no-brainer. Reducing the use of fossil fuels is a good idea based on availability, the percentage of our consumption that comes from foreign sources, and the other uses for petroleum (plastics, fertilizer, etc.). But even if we stipulate that the global warming problem is as serious as its proponents say it is, and that human actions are its principal cause (and recent revelations have certainly shed some doubt on these points), the fact remains that this proposed solution is tragically flawed. The ability to buy and sell the “right to pollute” looks to me like another subsidy to older big businesses at the expense of small business, since small business will be priced out of the market. Even more significant, though, is that cap-and-trade is going to add cost to every transaction in the economy. It will raise home heating costs, gasoline prices, and, since everything we consume must be delivered, the price of everything we buy.
Link