On the same day House Republicans will release their new governing document, former President Bill ClintonWilliam (Bill) Jefferson ClintonDemocratic governors fizzle in presidential race Israel should resist Trump's efforts to politicize support Poll shows Biden, Warren tied with Trump in Arizona MORE advised Democrats to issue their own written agenda that contains policy ideas before November the midterm elections. 

Clinton, who was president when former Rep. Newt Gingrich (R-Ga.) released the 1994 "Contract with America" that helped propel the GOP into the majority, said Democrats should prepare themselves so they do not lose grip of their message as voters head to the polls.

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"I think the Democrats should put on a card no more than five and no less than three things they plan to do," he said in an interview on MSNBC's "Morning Joe. "I know how easy it is to lose hold of the message, it happened to us in 1993 and 1994."

Later on Thursday, Republicans are expected to release their "Pledge to America," the 21-page successor to the "Contract" that puts forth GOP ideas on how to handle policy areas such as the economy and healthcare.

GOP lawmakers billed the document as the first step toward solving the problems facing the U.S. by offering immediate plans should they win the back the majority the House. Its release came as some political observers have predicted a wave election for Republicans that could mirror the result of the 1994 midterm campaign. 

Meanwhile, Democrats dismissed the agenda an attempt to rehash the same old ideas.

"With this plan, they have made clear that they want to take America back to the same failed economic policies that caused this recession," wrote White House communications director Dan Pfeiffer in a White House blog post. "Instead of charting a new course, Congressional Republicans doubled down on the same ideas that hurt America’s middle class."

Even though Democrats passed sweeping legislation such as healthcare reform and financial regulatory reform, Clinton said that the party should not forget that Gingrich's contract had the affect of "nationalizing" the midterm elections, suggesting they should run on their accomplishments and propose more ideas.

"Remember the gift that Newt Gingrich gave us in the 1990s. Newt Gingrich proved with that Contract with America that you can nationalize the midterm elections," he said. Democrats "should do this as an opportunity, as an obligation, to say, this is our national plan.

"It's not too late to do this," he added.