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We need common sense spending cuts in the budget of the Federal Government that reflect the economic realities that are present today. Instead of deficit spending, the Congress needs to take a structured approach to eliminating and reducing expenditures that are not critical to the operation of the country. There will be extensive debate on what should be kept and cut – that is a healthy approach for our Republic. Avoiding the discussion or choosing to ignore the problem and mortgage the future of our children and their children is unacceptable. At 1.5 TRILLION in borrowed spending, the President and my opponent (your current Congressman, Brad Miller) are not responsibly stewarding the affairs of the United States.
Representative Brad Miller voted for:
- Fannie/Freddie Bailout that cost taxpayers $400 Billion (or $400,000,000,000)
- The TARP (Troubled Asset Relief Program) or Bank Bailout spending that cost taxpayers $700 Billion (or $700,000,000,000) (Note $418B spent thus far)
- Automotive Industry Bailout that cost taxpayers $14 Billion (or $14,000,000,000)
- The ‘Stimulus Bill’ that cost taxpayers $787 Billion (or $787,000,000,000 – this is a low estimate; $900B is the upper end of the estimates)
- ‘Obamacare’ that cost/will cost taxpayers an estimated $1 Trillion (or $1,000,000,000,000) with no reliable estimate of actual costs
- Cash for Clunkers subsidy that cost taxpayers $3 Billion (or $3,000,000,000)
- Raising the debt ceiling 5 times in the last 4 years, from $9T to $13.6T (the amount of total debt the country is allowed by law to carry – our credit limit).
We can do better.
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One of the things necessary to turn our economy around is reeling-in our out-of-control spending. I will accomplish this by sponsoring legislation that cuts redundant and unnecessary Federal programs and agencies; auditing the Fed; return TARP & Stimulus funds to the national Treasury, and consider alternatives to the IRS (such as Fair Tax). I will have serious and constructive dialogue on the merits of each.
We also need to reduce the tremendous tax burden placed on businesses and individuals, thus enabling meaningful growth in the private sector of our economy. I will take action to remove all burdensome and unnecessary government regulations that impede profitability, and discourage investment in our free market.
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