State of Alabama Archives: on Budget & Economy


Richard Shelby: Opposes raising the debt limit; opposes $18T debt

Q: What are the most important challenges facing our country now and what strategies would you employ to address them?

Richard Shelby: I believe that our nation's debt crisis is one of the most important challenges facing our nation and must be addressed. When President Obama took office, our nation's debt was at a staggering $10.6 trillion. Our debt has now skyrocketed to over $18 trillion under this Administration's misguided policies. The cycle of debt accumulation is unsustainable and will only lead to placing more debt on the backs of future generations. That is why I strongly opposed raising the debt limit last October. I believe that we simply cannot continue to raise our debt ceiling with no reforms to curb the driver of our debt crisis: wasteful spending.

Source: Vote411.org League of Women Voters: 2016 Alabama Senate Race Sep 19, 2016

Ron Crumpton: 9-point plan for government economic investment

A healthy economy is a concern for all, it impacts every facet of our lives and it is the obligation of our elected leaders to champion policy that will benefit all and not a limited few. My 9-Point Plan for the Economy:
  1. Invest in education: Repair/replace dilapidated buildings and provide teachers with the technology and supplies they need to teach our children
  2. Raise the minimum wage: Reduce government dependence by insuring fair pay
  3. Reschedule marijuana: Remove marijuana from schedule I and allow states to regulate
  4. Equal Pay: Equal pay for everyone period
  5. Invest in Infrastructure: Repair, replace and expand roads, bridges and airports
  6. Break up the big banks: End too big to fail
  7. End tax breaks to companies for sending jobs overseas and give them to companies that bring American jobs back home
  8. Make college more affordable: Increase grant amounts and access to grants
  9. Entitlement Reform: Rebuild America's social safety net
Source: Vote411.org League of Women Voters: 2016 Alabama Senate Race Sep 19, 2016

Marcus Bowman: Government should never be the driver of the economy

Q: Do you support or oppose the policy, "Stimulus better than market-led recovery"

A: Oppose. We need new monetary policy in the United States that grows the economy with a return to true free markets and a strong, backed currency. Economic growth needs to reach more people. Stimulus did not prove to be successful and government should never be the driver of the economy.

Source: Email interview on 2016 Alabama Senate race with OnTheIssues Jan 21, 2016

Gary Palmer: Deal with our $17.2 trillion debt like any addiction

Most career politicians don't want to talk about the debt. Most Americans don't realize how deep in debt we are as a nation, or how fast it has escalated under this President, and so politicians aren't held accountable for it. But it's absolutely critical for people to understand it. Our national debt now exceeds $17.2 trillion and we are going deeper in debt by the minute. Yet the Obama Administration and Congress refuse to adequately address the problem and instead continue to spend.

The fact of the matter is that we must deal with this debt--or our debt will deal with us. Like so many other addiction issues, the first step for Congress to take in fixing the debt problem is to admit that they have a spending problem. And perhaps the most important next step is to realize that our enormous debt is the price we are paying for expanding the role of government beyond what the Constitution prescribes.

Source: 2014 AL-6 House campaign website, PalmerForAlabama.com Sep 30, 2014

Robert Bentley: Goal is balanced, conservative budget without federal help

We face a $165 million dollar shortfall in the education budget, and a $110 million dollar shortfall in the General Fund. Alabama must live within its means. My budgets will be balanced and conservative. First we must balance our current education and General Fund budgets. Then we must look to 2012 and prioritize what taxpayers can and cannot afford. While there are sacrifices that must be made, we will come out of this difficult time stronger. Alabama will not look to Washington to bail us out.
Source: 2011 State of the State speech to Alabama legislature Mar 1, 2011

Robert Bentley: Protect essential services, and otherwise cut 15-45%

Medicaid must be protected. We must maintain funding of the Department of Corrections. But we also must be cost efficient in criminal justice spending. There will be protection for our Alabama National Guard. We will preserve and protect the ability to maintain and achieve an ethical state government, by fully funding the Ethics Commission. Aside from those protections, every agency in the state's General Fund will be cut anywhere from 15 percent to 45 percent.
Source: 2011 State of the State speech to Alabama legislature Mar 1, 2011

William Barnes: Reduce spending and increase accountability

Bill Barnes selected AGREE for: "There is a great need to control government spending and reduce waste in government programs at every level. I pledge to reduce spending and increase accountability in spending."
Source: Alabama Eagle Forum 2010 Candidate Questionnaire Aug 11, 2010

William Barnes: Re-evaluate & reform banking and finance deregulation

Q: Do you support the Financial Reform & Consumer Protection bill?

A: I favor the bill. because we had protections in place going back as far as the 1930's that prohibit a lot of foreign investments in our country, prohibited banks from going in other areas of business other than banking--into insurance, for example. What we had the last 24 years or so was a relaxation--deregulation--of that and it's what's brought us to where we're at economically. Those rules and regulations in the 1930's were put there to help prevent what has happened with business becoming "too big to fail" as we've termed it. It's time we went back and re-evaluated that and put back into place those rules and regulations that prevent big business from taking over the lives of our citizens.

Q: Shelby's the ranking member on that committee now...

A: Yes he is. And he was the chair of the banking and finance committee when this deregulation took place.

Source: Left In Alabama (progressive blog) interview of Bill Barnes Jul 27, 2010

Jeff Sessions: Bailout well-intentioned, but too much federal intervention

In campaign stops around Alabama, Sessions and Figures both said people voiced concerns about the economy.

Figures said people are “really finding it harder and harder to make ends meet. Look where we are. We went from a nation in the black to a nation in the red. Now we’re up to trillions of dollars in the red,” she said. “My opponent voted with the president 98 percent of the time.”

But Sessions broke with the Bush administration in voting against the financial bailout bill on Oct. 1. “Though well-intentioned, the administration’s plan represents unprecedented governmental intervention in the economy,” Sessions said in a statement. Sessions said he doesn’t believe in “protecting reckless investors” but supports “maintaining a healthy framework for investment.”

Figures said she doesn’t think anybody will be immune from the financial crisis. Without action by Congress, she said more jobs will be lost.

Source: 2008 Alabama Senate Debate; Associated Press on www.AL.com Oct 11, 2008

Vivian Davis Figures: GOP turned nation from surplus to deficit, and jobs get lost

In campaign stops around Alabama, Sessions and Figures both said people voiced concerns about the economy.

Figures said people are “really finding it harder and harder to make ends meet. Look where we are. We went from a nation in the black to a nation in the red. Now we’re up to trillions of dollars in the red,” she said. “My opponent voted with the president 98 percent of the time.”

But Sessions broke with the Bush administration in voting against the financial bailout bill on Oct. 1. “Though well-intentioned, the administration’s plan represents unprecedented governmental intervention in the economy,” Sessions said in a statement. Sessions said he doesn’t believe in “protecting reckless investors” but supports “maintaining a healthy framework for investment.”

Figures said she doesn’t think anybody will be immune from the financial crisis. Without action by Congress, she said more jobs will be lost.

Source: 2008 Alabama Senate Debate; Associated Press on www.AL.com Oct 11, 2008

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