State of Virginia Archives: on Budget & Economy


Ken Cuccinelli: 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 is the key to national prosperity.

Cuccinelli: Strongly Agree

Source: Faith2Action iVoterGuide on 2013 Virginia Governor campaign Jul 2, 2014

Robert Sarvis: 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 is the key to national prosperity.

Sarvis: Strongly Agree

Source: Faith2Action iVoterGuide on 2013 Virginia Governor campaign Jul 2, 2014

Mark Warner: Sequester was stupidest way to cut; shutdown cost even more

Q: Where do you think the economy is headed, in the wake of the federal shutdown?

WARNER: Well, I think we need to step back a moment and say we just went through an awful period for our country. [The federal shutdown] actually increased the deficit. You can't start and stop the largest enterprise in the world, the federal government, without adding costs. We've actually built in higher interest rates because any time we get close to a potential default, we're going to have higher T-bill pricing. That passes through to mortgage costs, car loans, student loans. We ought to at least first make sure that we actually operate the government for a year going forward with a solid budget and find ways to alleviate some of the damage also being done by sequestration, which is this automatic spending cuts which was the stupidest way possible to go about cutting government. There were really no winners. I mean, our country took an economic hit, and a confidence hit.

Source: CBS Face the Nation 2013 series: 2014 Virginia Senate race Oct 20, 2013

Tim Kaine: Tea Party's reckless economic policies create uncertainty

Tea Party activist Jamie Radtke hit the former one-term senator for voting to add an expensive prescription drug program to Medicare and backing No Child Left Behind, two initiatives sought by Republican President George W. Bush. "Tim Kaine will not run to the right of me on spending," Radtke said, subtly criticizing the budgets Allen voted for during his previous Senate term.

Kaine's campaign responded to the repeated criticism following the debate. "Virginia voters heard the Tea Party contenders push reckless economic policies that would damage Virginia's economy, create more uncertainty for our businesses, and make our nation less globally competitive," a Kaine spokeswoman said.

Source: Washington Examiner on 2012 Virginia Senate debate May 25, 2012

Jamie Radtke: Congress should have reformed Fannie Mae and Freddie Mac

According to Radtke, auring his Senate term, Allen "voted for every single spending bill, added $3 trillion to the national debt, and he voted for his own salary increase when we were deficit spending. He took money from Fannie and Freddie Mac and refused to support reform, and we're still reeling from that, even today. And he voted for the largest expansion of entitlements since Lyndon Johnson's Great Society." Allen stuck to what he called his "positive agenda," focusing on small business and job creation. He said he'd support "policies that actually make it easier to invest and create jobs, including simple, fair and competitive tax laws, reasonable regulations, affordable, plentiful American energy, and empowering education opportunities that will send a message to the world that America is open for business again."
Source: The Virginian-Pilot on 2012 Virginia Senate debate May 12, 2012

Jamie Radtke: Focus on cutting spending; Allen voted to spend trillions

Radtke railed against Allen's time in Washington from 2001 to 2007 and blaming him for deficit spending. "We cannot return a politician like George Allen who voted for trillions of dollars in spending and spent our children's money," Radtke said. "We need someone who is going to focus on cutting spending in these serious times."

Allen didn't respond to any of his opponents attacks personally. Instead, he defended his term by pointing out proposals to curb spending by supporting a line-item veto, and introducing a balanced budget amendment. He said the economy was out of control "because of the overspending, over-regulating big government policies of President Obama, Tim Kaine and the Washington liberals."

Source: Hampton Roads Daily Press on 2012 Virginia Senate debate May 11, 2012

Jamie Radtke: We need someone who is going to focus on cutting spending

Radtke railed against Allen's time in Washington from 2001 to 2007 and blaming him for deficit spending. "We cannot return a politician like George Allen who voted for trillions of dollars in spending and spent our children's money," Radtke said. "We need someone who is going to focus on cutting spending in these serious times."

Allen didn't respond to any of his opponents attacks personally. Instead, he defended his term by pointing out proposals to curb spending by supporting a line-item veto, and introducing a balanced budget amendment. He said the economy was out of control "because of the overspending, over-regulating . big government policies of President Obama, Tim Kaine and the Washington liberals."

Source: Hampton Roads Daily Press on 2012 Virginia Senate debate May 11, 2012

George Allen: FactCheck: Vvoted against the Alaskan Bridge to Nowhere

Allen said: "When I was in the Senate, I was one of about a dozen who voted against that Bridge to Nowhere."

Allen has said before that he took a stand against the now infamous earmark for a $225 million bridge connecting the city of Ketchikan, Alaska to the Island of Gravina, which has 50 residents.

In July 2005, Allen voted for a $286.5 billion transportation bill that included money for the Bridge to Nowhere. But funding for the Alaska bridge came to less than one tenth of 1% of the overall cost of that overall highway bill, which passed by a 91-4 vote.

The bridge came up again later that year. Allen supported an amendment to another transportation appropriations bill that would redirect part of the funding for the Alaskan span to rebuild a hurricane-damaged bridge near New Orleans. The amendment failed by an 82-15 vote. We rated Allen's claim that he was among a small minority who voted against the Alaskan bridge True.

Source: PolitiFact.com 2012 Senate FactCheck: Virginia debate Apr 30, 2012

George Allen: No future debt-limit increases until spending is restrained

Allen said the country's economic and fiscal climate is different than it was when he voted for debt limit increases during his Senate term. "The credit-worthiness of America for the first time in our history has been downgraded. The annual deficits are now over a trillion dollars every single year. When I left the U.S. Senate, the annual deficit was about $160 billion." Allen said he would not support future debt-limit increases unless they come with "concrete ironclad spending restraints."
Source: The Virginian-Pilot on 2012 Virginia Senate debate Apr 29, 2012

George Allen: Stimulus spending failed to create promised jobs

Radtke lambasted Allen during the debate for his Senate spending record. "When I left the Senate, the annual deficit was about $160 billion, on the course to getting to a balanced budget," he said afterward. "Talk about how much of spending is being borrowed, and the estimates are about 33 cents of every dollar is being borrowed. In 2006, it was 5.9 cents--an exponential increase in spending. This stimulus spending was promised to create all these jobs and has not."
Source: Washington Times on 2012 Virginia GOP primary Senate debate Apr 28, 2012

Jamie Radtke: If we do not deal with spending, nothing else matters

Tea Party activist Jamie Radtke lambasted Mr. Allen during the debate for his spending record in the U.S. Senate--as she has done since entering the race. "If we do not deal with spending, nothing else matters," she said, alluding to Mr. Allen when she blasted "fiscal irresponsibility of career politicians in both parties who say they're for a balanced-budget amendment but then turn and vote for trillions of dollars in spending."
Source: Washington Times on 2012 Virginia GOP primary Senate debate Apr 28, 2012

Tim Kaine: I cut state spending $5B while investing in infrastructure

During a discussion on the tax code, Allen proposed a "freedom to choose" flat tax, in which people could choose either a flat tax--though Allen stopped short of naming an exact rate, or which deductions might still exist--or the present tax code, if they thought they could get a better deal by itemizing various deductions. Allen predicted that over time, most people would migrate to the flat tax. For his part, Kaine pointed out that Allen was unable to come up with a number.
Source: Eric Kleefeld reporting on 2012 Virginia Senate debate Dec 7, 2011

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