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John Hostettler on Budget & Economy

Former Republican Representative (IN-8, 1995-2007)


Voted YES on restricting bankruptcy rules.

Vote to pass the bill that would require debtors who are able to pay back $10,000 or 25 percent of their debts over five years to file under Chapter 13, rather then seeking to discharge their debts under Chapter 7. Chapter 13, calls for a reorganization of debts under a repayment plan. A Debtor would be restricted, in this bill, to a total exemption of $125,000 in home equity for residences bought within 40 months of a bankruptcy filing. The bill also would establish permanent and retroactive Chapter 12 bankruptcy relief for farmers.
Reference: Bankruptcy Abuse Prevention and Consumer Protection Act; Bill S 1920 ; vote number 2004-10 on Jan 28, 2004

Allow $3 on 1040 form to pay off National Debt.

Hostettler co-sponsored allowing $3 on 1040 form to pay off National Debt

OFFICIAL CONGRESSIONAL SUMMARY: Amends the Internal Revenue Code to permit an individual to designate three dollars on his or her income tax return (six dollars on a joint return) to be used to reduce the public debt of the United States.

SPONSOR'S INTRODUCTORY STATEMENT: Pres. Eisenhower apparently once said that he believed that there could be no surplus as long as our Nation was in debt. I come from that school of thought, and yet that is not exactly where we are right now in Washington.

Where we are right now is debating whether or not 90 percent or 50 percent, or some number in between, of these projected future surpluses should be allocated to the debt. What struck me is the fact that really more than just the Congress should be involved in that debate. It is for that reason that I introduce today the Taxpayers' Choice Debt Reduction Act.

What this bill would do would be to simply take the 1040, the tax return as we now know it. And right now, we can send $3 to the presidential campaign. This would create another box wherein we could send 3 bucks to debt reduction. That is not enough money to change our national debt, but it is enough money to make a small step in an important debate that we all ought to be a part of.

LEGISLATIVE OUTCOME: Referred to the House Committee on Ways and Means; never called for a House vote.

Source: Taxpayers' Choice Debt Reduction Act (H.R.5349) 00-HR5349 on Sep 29, 2000

Supports balanced budget amendment & line item veto.

Hostettler signed the Contract with America:

[As part of the Contract with America, within 100 days we pledge to bring to the House Floor the following bill]:

The Fiscal Responsibility Act:
A balanced budget/tax limitation amendment and a legislative line-item veto to restore fiscal responsibility to an out-of-control Congress, requiring them to live under the same budget constraints as families and businesses.
Source: Contract with America 93-CWA3 on Sep 27, 1994

Other candidates on Budget & Economy: John Hostettler on other issues:
IN Gubernatorial:
Mitch Daniels
IN Senatorial:
Brad Ellsworth
Daniel Coats
Evan Bayh
Richard Behney
Richard Lugar

Newly appointed in 2009;
special election in 2010:

DE:Kaufman (D)
CO:Bennet (D)
IL:Burris (D)
MA:Brown (R)
NY:Gillibrand (D)

Announced retirement as of 2010:
CT:Dodd(D)
DE:Kaufman(D)
FL:Martinez (R)
FL:LeMieux(R)
IL:Burris(D)
IN:Bayh(D)
KS:Brownback(R)
KY:Bunning(R)
MO:Bond(R)
ND:Dorgan(D)
NH:Gregg(R)
OH:Voinovich(R)
PA:Specter(R)
UT:Bennett(R)
WV:Byrd(D)
WV:Goodwin(D)


Senate races in 2010:
AK:Miller(R) vs.McAdams(D) vs.Murkowski(I)
AL:Shelby(R) vs.Barnes(D)
AR:Lincoln(D) vs.Boozman(R)
AZ:McCain(R) vs.Glassman(D)
CA:Boxer(D) vs.Fiorina(R) vs.Lightfoot(L)
CO:Bennet(D) vs.Buck(R)
CT:Blumenthal(D) vs.McMahon(R)
DE:Coons(D) vs.O`Donnell(R)
FL:Rubio(R) vs.Crist(I) vs.Meek(D) vs.DeCastro(C) vs.Snitker(L)
GA:Isakson(R) vs.Thurmond(D)
HI:Inouye(D) vs.Cavasso(R)
IA:Grassley(R) vs.Conlin(D)
ID:Crapo(R) vs.Sullivan(D)
IL:Giannoulias(D) vs.Kirk(R)
IN:Ellsworth(D) vs.Coats(R)
KS:Johnston(D) vs.Moran(R) vs.Bellis(Rfm)
KY:Conway(D) vs.Paul(R)
LA:Vitter(R) vs.Melancon(D)
MD:Mikulski(D) vs.Wargotz(R)
MO:Carnahan(R) vs.Blunt(D)
NC:Burr(R) vs.Marshall(D)
ND:Potter(D) vs.Hoeven(R)
NH:Ayotte(R) vs.Hodes(D)
NV:Reid(D) vs.Angle(R)
NY6:Schumer(D) vs.Townsend(R)
NY2:Gillibrand(D) vs.DioGuardi(R)
OH:Fisher(R) vs.Portman(D) vs.Deaton(C)
OK:Coburn(R) vs.Myles(D)
OR:Wyden(D) vs.Huffman(R)
PA:Toomey(R) vs.Sestak(D)
SC:DeMint(R) vs.Greene(D)
SD:Thune(R) unopposed
UT:Lee(R) vs.Granato(D)
VT:Leahy(D) vs.Britton(R) vs.Freilich(I)
WA:Murray(D) vs.Rossi(R)
WI:Feingold(D) vs.Johnson(D)
WV:Manchin(D) vs.Raese(R)
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Page last updated: Oct 28, 2010