Search for...
OnTheIssuesLogo

Rex Rammell on Budget & Economy

Independent Challenger


Over-regulation caused the economic disaster

Risch hates the $700 billion bailout plan, saying, "It didn't provide enough protection for taxpayers, there was not nearly enough reform in the bill to keep this from happening again, there were no provisions to really go and get after the bad guys."

LaRocco said he would have voted for the bailout bill because it's about small companies having the capital and credit to buy a truck or inventory, and because the final version had oversight and taxpayer protections.

LaRocco and Risch agreed that lax regulation led to the economic meltdown. Rammell said overregulation caused the economic disaster. "Did you know that Fannie and Freddie were required by law to give 42% of their loans to low- and moderate- and high-risk individuals.... All I hear now is we need more regulations that's exactly the opposite of what we need. If we truly lived in a free market economy nobody would have made these high-risk loans. Nobody. The banks wouldn't have done it and the people wouldn't have dared do it."

Source: 2008 Idaho Senate Debate reported in Boise Weekly City Desk Oct 9, 2008

Limit federal spending to what the Constitution allows

The Constitution was founded on the principle of a limited federal government empowered to do only those things which the States could not do for their selves. The Tenth Amendment reserves to the States all powers not specifically delegated to the National. I pledge that I will work to return federal spending only as allowed by the Constitution and to eliminate the $8.4 trillion in American debt. The day is long overdue when our Representatives and Senators vote in compliance with the Constitution
Source: Campaign website, www.rexrammell.com, "Issues" Jul 11, 2008

Other candidates on Budget & Economy: Rex Rammell on other issues:
ID Gubernatorial:
Butch Otter
ID Senatorial:
Larry Craig
Larry LaRocco
Michael Crapo


2008 Senate retirements:

Wayne Allard(R,CO)
Larry Craig(R,ID)
Pete Domenici(R,NM)
Chuck Hagel(R,NE)
Trent Lott(R,MS)
Craig Thomas(R,WY)
John Warner(R,VA)

Incoming Obama Administration:

Pres.Barack Obama
V.P.Joe Biden
State:Hillary Clinton
HHS:Tom Daschle
Staff:Rahm Emanuel
DHS:Janet Napolitano
DOC:Bill Richardson
DoD:Robert Gates
A.G.:Eric Holder
Treas.:Tim Geithner
Winners of 2008 Senate Races:
( * if new to the Senate)
AK:*Begich over Stevens
AL:Sessions
AR:Pryor
CO:*Udall
DE:Biden and Kaufman
GA:Chambliss v.Martin (Dec. 2 runoff)
IA:Harkin
ID:*Risch
IL:Durbin
KS:Roberts
KY:McConnell
LA:Landrieu
MA:Kerry
ME:Collins
MI:Levin
MN:Coleman v.Franken (recounting as of Dec.1)
MS4:Wicker
MS6:Cochran
MT:Baucus
NC:*Hagan over Dole
NE:*Johanns
NH:*Shaheen over Sununu
NJ:Lautenberg
NM:*Udall
OK:Inhofe
OR:*Merkley over Smith
RI:Reed
SC:Graham
SD:Johnson
TN:Alexander
TX:Cornyn
VA:*Warner
WV:Rockefeller
WY4:Barrasso
WY6:Enzi
Abortion
Budget/Economy
Civil Rights
Corporations
Crime
Drugs
Education
Energy/Oil
Environment
Families
Foreign Policy
Free Trade
Govt. Reform
Gun Control
Health Care
Homeland Security
Immigration
Jobs
Principles
Social Security
Tax Reform
Technology
War/Peace
Welfare

Other Senators
House of Representatives
SenateMatch (matching quiz)
Senate Votes (analysis)
House Votes
Bill Sponsorships
Affiliations
Policy Reports
Group Ratings

Page last updated: Dec 03, 2008