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Spencer Abraham on Budget & Economy


No price caps on electricity; focus on reducing demand

Abraham rejected a plea from several Western governors today for the federal government to impose temporary price caps on wholesale electricity, after listening to their concerns that “exorbitant” and “out of control” electricity costs were spreading economic havoc across the region. “At a time when demand is a very serious challenge for us this summer,” Abraham said, “anything that puts disincentives in place, that would work against reducing demand, I think has to be looked at very closely.”
Source: New York Times, p. A1 Feb 3, 2001

Voted YES on prioritizing national debt reduction below tax cuts.

Vote to table [kill] an amendment that would increase the amount of the budget that would be used to reduce the national debt by $75 billion over 5 year. The debt reduction would be offset by reducing the tax cut in the budget framework from $150 billion
Bill S Con Res 101 ; vote number 2000-55 on Apr 5, 2000

Voted YES on 1998 GOP budget.

Approval of the 1998 GOP Budget which would cut spending and taxes.
Status: CR Agreed to Y)78; N)22
Reference: H. Con. Res. 84 as amended; Bill H. Con. Res. 84 ; vote number 1997-92 on May 23, 1997

Voted YES on Balanced-budget constitutional amendment.

Approval of the balanced-budget constitutional amendment.
Status: Joint Resolution Defeated Y)66; N)34
Reference: S. J. Res. 1; Bill S. J. Res. 1 ; vote number 1997-24 on Mar 4, 1997

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