Joe Miller on Budget & Economy
Murkowski shouldn't have voted for the bill, said a Miller campaign spokesman, since she and her family had investments in several of the more than 800 financial institutions that accepted bailout money. The Miller campaign drew attention to the family's holdings at the time in Morgan Stanley and Wells Fargo [totaling under $100,000]. Both companies took bailout money; both paid the government back in 2009, plus returned $3.3 billion in profit.
A Miller campaign spokesman said, "There was a conflict of interest there." So I asked: "Does that apply to any senator who happened to own stock in any of 800 banks?" The Miller spokesman wouldn't address other senators, but said Murkowski should have recused herself.
The Contract from America, clause 3. Demand a Balanced Budget:
Begin the Constitutional amendment process to require a balanced budget with a two-thirds majority needed for any tax hike.
The Contract from America, clause 6. End Runaway Government Spending:
Impose a statutory cap limiting the annual growth in total federal spending to the sum of the inflation rate plus the percentage of population growth.
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