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Elizabeth Dole on Budget & Economy
Republican Sr Senator
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Farm economy needs more exports
Dole touted a 10-point farm program that would cut taxes, boost exports, and help producers. “The next president must stabilize the farm economy by exercising leadership to expand domestic markets and increasing exports,” she said.
Source: Boston Sunday Globe p. A-22
, Jun 13, 1999
Re-appoint Greenspan to avoid inflation & unemployment
We have been fortunate that the powerful engine of private enterprise has continued to grow our economy. The election of a Republican Congress in 1994 was also critical to keeping the pressure on for economic reform.We must never go back to the inflation
unemployment see-saw of the 1970s. American leadership ought to be sending clear signals about its commitment to a strong, stable financial system. That’s why as President I would reappoint Alan Greenspan as Chairman of the Federal Reserve.
Source: Remarks to the Detroit Economic Club, 29 April 1999
, Apr 29, 1999
Private enterprise created prosperity, not Clinton/Gore
[In the 1980s], Reagan’s determination to free up the power of the U.S. economy led to a remarkable expansion that has continued, almost uninterrupted, to this day. President Clinton and Vice President Gore often take credit for economic good news during
their term in office. But if you want to see the people most responsible for our economic health, it is private enterprise and investment that has driven today’s prosperity.
Source: Remarks to the Detroit Economic Club, 29 April 1999
, Apr 29, 1999
Voted YES on $60B stimulus package for jobs, infrastructure, & energy.
Congressional Summary:Supplemental appropriations for:- Infrastructure Investments: Transportation: DOT, FAA, AMTRAK, and FTA
- Clean Water (EPA)
- Flood Control and Water Resources (ACE)
- 21st Century Green High-Performing Public School Facilities (ED)
- Energy Development (DOE)
- Extension of Unemployment Compensation and Job Training
- Temporary Increase in Medicaid Matching Rate
- Temporary Increase in Food Assistance
Proponent's argument to vote Yes:Rep. DAVID OBEY (D, WI-7): Congress has tried to do a number of things that would alleviate the squeeze on the middle class. Meanwhile, this economy is sagging. Jobs, income, sales, and industrial production have all gone down. We have lost 600,000 jobs. We are trying to provide a major increase in investments to modernize our infrastructure and to provide well-paying construction jobs at the same time.
Opponent's argument to vote No:Rep. JERRY LEWIS (R, CA-41):
Just 2 days ago we were debating an $800 billion continuing resolution. Now in addition to being asked to pay for a bailout for Wall Street, taxpayers are being asked to swallow an additional $60 billion on a laundry list of items I saw for the first time just a few hours ago. The Democratic majority is describing this legislation as a "stimulus package" to help our national economy. But let's not fool ourselves. This is a political document pure and simple. If these priorities are so important, why hasn't this bill gone through the normal legislative process? We should have debated each of the items included in this package.
It doesn't take an economist to tell you that the economy needs our help. But what does this Congress do? It proposes to spend billions more without any offsets in spending. The failure to adhere to PAYGO means that this new spending will be financed through additional borrowing, which will prove a further drag on our struggling economy.
Reference: Job Creation and Unemployment Relief Act;
Bill S.3604&HR7110
; vote number 2008-S206
on Sep 26, 2008
Voted YES on paying down federal debt by rating programs' effectiveness.
Amendment intends to pay down the Federal debt and eliminate government waste by reducing spending on programs rated ineffective by the Program Assessment Rating Tool (PART). Proponents recommend voting YES because:
My amendment says we are going to take about $18 billion as a strong signal from the Congress that we want to support effective programs and we want the taxpayer dollars spent in a responsible way. My amendment doesn't take all of the $88 billion for the programs found by PART, realizing there may be points in time when another program is not meeting its goals and needs more money. So that flexibility is allowed in this particular amendment. It doesn't target any specific program.
Almost worse than being rated ineffective, we have programs out there that have made absolutely no effort at all to measure their results. I believe these are the worst offenders. In the following years, I hope Congress will look at those programs to create accountability.
Opponents recommend voting NO because:
The effect of this amendment will simply be to cut domestic discretionary spending $18 billion. Understand the programs that have been identified in the PART program are results not proven. Here are programs affected: Border Patrol, Coast Guard search and rescue, high-intensity drug trafficking areas, LIHEAP, rural education, child abuse prevention, and treatment. If there is a problem in those programs, they ought to be fixed. We ought not to be cutting Border Patrol, Coast Guard search and rescue, high-intensity drug trafficking areas, LIHEAP, rural education, and the rest. I urge a "no" vote.
Reference: Allard Amendment;
Bill S.Amdt.491 on S.Con.Res.21
; vote number 2007-090
on Mar 22, 2007
Voted YES on $40B in reduced federal overall spending.
Vote to pass a bill that reduces federal spending by $40 billion over five years by decreasing the amount of funds spent on Medicaid, Medicare, agriculture, employee pensions, conservation, and student loans. The bill also provides a down-payment toward hurricane recovery and reconstruction costs.
Reference: Work, Marriage, and Family Promotion Reconciliation Act;
Bill S. 1932
; vote number 2005-363
on Dec 21, 2005
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