State of West Virginia Archives: on Budget & Economy


Earl Ray Tomblin: Deficit borrowing just kicks the can down the road

Too many people have stopped looking for work, and too many people are unemployed. As leaders of our State, we have a responsibility to fight for jobs, to foster job creation, and to be good stewards of taxpayer resources. We must continue to keep our taxes and cost of doing business low, and this is particularly true when times are tough.

It all starts with our obligation to adopt a budget [which] is balanced, with no new taxes. This time last year, we predicted a deficit that totaled nearly $400 million. Staying true to the hallmark of our fiscal responsibility, my administration began the task of closing that shortfall. Unlike the federal government, we did not kick the can down the road by borrowing money or allowing deficits to mount. We told our agencies, almost a year ago, to do more with less. We challenged them to be smart, be efficient, and be prepared to cut their budgets. In tightening our belts, we realized that some of our programs and services should not face budget reductions.

Source: 2013 State of the State Address to W.V. Legislature Feb 13, 2013

Earl Ray Tomblin: 2011 budget: balanced; no new taxes; no new fees

Source: 2011 W.V. State of the State Address Jan 12, 2011

Joe Manchin III: Constitutional amendment requiring balanced budget

Both backed a constitutional amendment requiring the federal budget to be balanced, and both echoed the Republican Party's position of wanting all of the tax cuts passed in 2001 and 2003 extended. (Neither offered details on how they would balance the budget.)
Source: Washington Post coverage of 2010 W.V. Senate debate Oct 18, 2010

John Raese: Constitutional amendment requiring balanced budget

Both backed a constitutional amendment requiring the federal budget to be balanced, and both echoed the Republican Party's position of wanting all of the tax cuts passed in 2001 and 2003 extended. (Neither offered details on how they would balance the budget.)
Source: Washington Post coverage of 2010 W.V. Senate debate Oct 18, 2010

Joe Manchin III: Balanced budget amendment except in national emergency

As for stimulating the economy and getting back to work, both candidates favored a free-market approached as opposed to government taking a leading role in job creation. Raese was critical of the economic stimulus package passed by Congress, comparing it to the New Deal of the Great Depression.

Both men called for a balanced budget amendment that would require Congress to balance the nation's books every year and not run up debt.

Neither candidate provided details about how they propose balancing a multi-trillion-dollar budget, but Raese said he favors giving presidents line-item veto power--something that Byrd staunchly opposed. Manchin said the only time the amendment should be suspended was during war or a national emergency.

Source: State Journal coverage of 2010 W.V. Senate debate Oct 7, 2010

  • The above quotations are from State of West Virginia Politicians: Archives.
  • Click here for definitions & background information on Budget & Economy.
  • Click here for other issues (main summary page).
2012 Presidential contenders on Budget & Economy:
  Democrats:
Pres.Barack Obama(IL)
V.P.Joe Biden(DE)

Republicans:
Gov.Mitt Romney(MA)
Rep.Paul Ryan(WI)
Third Parties:
Green: Dr.Jill Stein(MA)
Libertarian: Gov.Gary Johnson(NM)
Justice: Mayor Rocky Anderson(UT)
Constitution: Rep.Virgil Goode(VA)
Peace+Freedom: Roseanne Barr(HI)
Reform Party: André Barnett(NY)
AmericansElect: Gov.Buddy Roemer(LA)
Please consider a donation to OnTheIssues.org!
Click for details -- or send donations to:
1770 Mass Ave. #630, Cambridge MA 02140
E-mail: submit@OnTheIssues.org
(We rely on your support!)

Page last updated: Dec 17, 2013