State of Arkansas Archives: on Budget & Economy
Work tirelessly to reduce our deficit & pay back $18T debt
America currently has a financial crisis written into law. We have over $18 Trillion of debt, and $127 Trillion in unfunded liabilities, promises we have made that we cannot keep.
I pledge to work tirelessly to reduce our deficit, and to start paying back our debt, as well as restructuring our unfunded liabilities so that we can afford them all.
As a small businessman and entrepreneur, I will be a champion of small business in the Senate.
I will never vote for crony capitalism, nor subsidies for politically connected friends, and will significantly reduce the red tape which is choking our economy.
Source: 2016 Arkansas Senate campaign website, CurtisColeman.com
Nov 11, 2015
Start doing something about $18 trillion in debt
Eldridge said that `in Washington, they brag the budget deficit has declined [and that] we should have a big party.`
He said the federal government's budget deficit is about $600 billion this year, and `in Washington, they say we wouldn't complain as much about them if we knew all the great things they were doing to help us. `In Arkansas we know better.
We know that we've got $18 trillion in debt and that debt has tripled from the time my opponent took office,` Eldridge said. `It is time we start doing something about it now.`
He said both political parties are to blame. `The facts are that somebody who has been there for over a decade does bear responsibility for much of what has happened,` he said.
Source: Democrat-Gazette on 2016 Arkansas Senate race
Oct 18, 2015
Cut low-priority spending; smaller federal government
Washington is out of control and career politicians are bankrupting our country. The federal government needs to quit trying to do everything and instead, shift power back to state and local governments. The federal government is too big and spends
The federal government must reform entitlements, cut low-priority spending, and stop performing functions best left to state and local governments or the private sector.
We need a cultural change in which the federal government is a smaller, less significant, and much less expensive and intrusive part of everyone's lives. We must enact a balanced budget
amendment to the Constitution and a line-item presidential veto power that could pass constitutional muster. These types of reforms are a necessary antidote to Congress's failures to exercise self-control.
Source: 2014 Arkansas House campaign website, ElectFrench.com
Nov 4, 2014
Politicians CANNOT control government spending; time for BBA
United States federal debt currently sits at $17.5 TRILLION dollars! Neither the Republicans nor Democrats are serious about getting our country back to financial health--both parties are beholden to too many special interests, and too worried about
re-election, to make necessary reforms to federal spending.
Since it is proven that our politicians CANNOT control government spending, it is time for the U.S. voters to control it for them. A vote for Nathan LaFrance to the
U.S. Senate is a vote for a constitutional amendment which forces the federal government to adhere to a balanced budget every year.
A balanced budget will be achieved by phasing out and eliminating the vast federal
wealth-transfer programs and by significantly reducing the size and scope of the multitude of federal agencies and administrations in existence today.
Source: 2014 Arkansas Senate campaign website, LaFrance2014.com
Sep 30, 2014
Free enterprise is key to national prosperity
Question topic: Free enterprise and the right to private property turn mankind's natural self interest into the fairest and most productive economic system there is, and are the key to national prosperity.
Hutchinson: Strongly Agree
Source: Faith2Action iVoterGuide on 2013 Arkansas Governor campaign
Sep 28, 2014
AdWatch: Voted for $7 trillion in new debt and bailouts
Democratic gubernatorial candidate Mike Ross is the target of a new ad in the Arkansas governor's race. The ad comes from the Republican Governors Association. Its script:
Source: Arkansas Matters AdWatch on 2014 AR gubernatorial race
Feb 24, 2014
- Mike Ross and his Washington record.
- Record Washington debt.
Runaway Washington spending.
- Mike Ross helped bring liberal Nancy Pelosi to national power.
- Ross voted with Pelosi and liberals for $7 trillion in new debt.
Ross voted with Pelosi for the Wall Street bailout, the mortgage bailout, and the auto bailout.
- And Ross voted with Pelosi to waste billions on Obama's stimulus.
Mike Ross. His Washington record doesn't sound very good. Because it isn't.
AdWatch: Worked for lobbying firm after leaving Congress
The Democratic Governors Association said a group affiliated with it, "Jobs and Opportunity," has made a six-figure ad buy. The ad claims former Rep. Asa Hutchinson has a history of "wheeling and dealing" while the Democratic candidate, former Rep. Mike
Ross, displayed common sense & fiscal responsibility during his term. "D.C. lobbyist Asa Hutchinson has forgotten what Arkansas values look like," a spokesman said.
Hutchinson's campaign criticized the Democratic group's new ad. "This ad is misleading
and hypocritical. They need to check their facts. Asa was practicing law in Arkansas while Mike Ross was voting for these very bills in Washington."
The ad says Hutchinson and the firm where he worked after leaving Congress benefited from the stimulus
program. "While Hutchinson and his lobbying firm were cashing in on a stimulus bill and the Wall Street and Detroit bailouts, Mike Ross was fighting for a balanced budget amendment and voting against congressional pay raises," a Ross spokesman said.
Source: Miami Herald AdWatch on 2014 Arkansas gubernatorial race
Feb 18, 2014
AdWatch: Trillions of things in common with Pelosi & Obama
The Republican Governors Association unveiled a six-figure advertising buy for television and radio commercials that claim Ross is too closely aligned with President Barack Obama and House Democratic Leader Nancy Pelosi to lead Arkansas effectively. It
specifically mentions the president's 2009 stimulus package. "Obama, Pelosi and Ross. Trillions of things in common. All of them wasted," the narrator says in the GOP ad. "That's the real Mike Ross."
Ross is the only Democrat to announce a run for governor, while Hutchinson, who lost the 2006 governor's race to Mike Beebe, who is term-limited, is running against Little Rock businessman Curtis Coleman for the GOP nomination. The filing season opens
Over the last two election cycles, the GOP has made gains by tying Democratic Party candidates to Obama and Pelosi, who are unpopular in Arkansas. In 2012 the GOP won control of the state Legislature for the first time since Reconstruction
Source: Miami Herald AdWatch on 2014 Arkansas gubernatorial race
Feb 18, 2014
Favors economic growth and cuts as opposed to raising taxes
Westerman indicates support of the following principles for balancing Arkansas' budget.
Q: Establishing a "rainy day" fund?
Q: Issuing the early release of certain non-violent offenders?
Q: Increasing tuition rates at public
Q: Instituting mandatory furloughs and layoffs for state employees?
Q: Reducing benefits for Medicaid recipients?
Q: Privatizing certain government services?
Westerman adds, "If state employee jobs are necessary then I do not support mandatory furloughs and layoffs for those jobs. If the state jobs are unnecessary then they should be eliminated to help stabilize the budget. Since Arkansas must have a balanced
budget then cuts will be required in many areas, taxes will have to be raised, or more income generated through economic growth. I favor economic growth and cuts as opposed to raising taxes."
Source: Arkansas Congressional 2008 Political Courage Test
Nov 1, 2008
Page last updated: Feb 28, 2017