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Bob Barr on Budget & Economy

Libertarian nominee for President; Former Republican Representative (GA-7)


Financial crisis requires investigation & prosecution

The candidates took aim at corporate greed on Wall Street and agreed that President Bush and V.P. Dick Cheney should face criminal charges for their handling of the economy. They accused the current administration of chronic financial irresponsibility. Barr found it curious that the Department of Justice has been absent during the nation’s financial crisis. “There have been no prosecutions, not even apparently a significant investigation of what appears to be historic fraud,” Barr said.
Source: 2008 third-party presidential debate; Cleveland Plain Dealer , Oct 31, 2008

Not government’s job to bail out Wall Street

Barr said he doesn’t agree with the major parties on everything. For one thing, he wants to abolish the income tax. He also doesn’t believe the government should have bailed out Wall Street.

He said it’s a terrible idea and it’s not government’s job to interfere with the free market. He’s also against mortgage and foreclosure assistance for homeowners. “It’s not the role of the government to control the economy, manage the economy or dictate the economy,” he said.

Source: 2008 Third Party debate, in Lorain County Chronicle-Telegram , Oct 19, 2008

Earmarks are an outrageous abuse by Congressmen to buy votes

Government spending at all levels is out of control. Most Americans understand the problem of “earmarks,” commonly used by pork-minded congressmen to buy votes. But while earmarks are an outrageous abuse of the taxpayer’s money, they account for a very small percentage of federal spending. Over the past decade, total government spending (state, local and federal) has increased from $2.9 trillion to an astonishing $5.1 trillion in 2008. The $3.1 trillion federal budget submitted by President Bush for next year was greater than the combined 1998 spending of the federal government, all 50 states and over 87,000 local governments.

The federal government must take the lead in making significant cuts in spending. Focusing on earmarks risks distracting attention from the broader problem of a government wildly wasting the money of hard-working Americans.

Source: 2008 House campaign website, www.bobbarr2008.com, “Issues” , Apr 22, 2008

Remove both earmarks and cut the underlying spending

Barr’s speech to the Heartland audience touched on the issues the candidates for the two major status quo parties have not addressed sufficiently, namely: the urgent need for truly cutting the size of the federal government, protecting our civil liberties, securing our borders, and fundamentally reforming our tax code.

“Removing ‘earmarks’ but not cutting the underlying spending is simply government as usual and is nothing more than a cynical shell game,” Barr stated; adding, “and that’s the high water mark in the debate thus far.” Barr said this is not adequate, and that “America’s voters deserve better than a choice between the lesser of two evils.”

Source: Press release, “Presidential Exploratory Committee” , Apr 5, 2008

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

Barr 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.

Barr 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

2012 Governor, House and Senate candidates on Budget & Economy: Bob Barr on other issues:
GA Gubernatorial:
Jason Carter
Nathan Deal
GA Senatorial:
David Perdue
Jack Kingston
Johnny Isakson
Karen Handel
Michelle Nunn
Paul Broun
Phil Gingrey

Left 113th Congress, 2013-2014:
AL-1: Jo Bonner(R,resigned)
FL-13:Bill Young(R,deceased)
FL-19:Trey Radel(R,arrested)
IL-2: Jesse L. Jackson(D,convicted)
LA-5: Rodney Alexander(R,resigned)
MA-5: Ed Markey(D,elected)
MO-8: Jo Ann Emerson(R,resigned)
NC-12:Mel Watt(D,appointed)
NJ-1: Rob Andrews(D,investigated)
SC-1: Tim Scott(R,appointed)

Newly-elected special elections 2013-2014:
AL-1: Bradley Byrne(R)
FL-13:David Jolly(R)
FL-19: Pending Nov.4
IL-2: Robin Kelly(D)
LA-5: Vance McAllister(R)
MA-5: Katherine Clark(D)
MO-8: Jason Smith(R)
NC-12: Pending Jul.15
NJ-1: Pending Nov.4
SC-1: Mark Sanford(R)
Won primary 2014:
TX-4: John Ratcliffe(R)
VA-7: Dave Brat(R)

Retiring to run for Senate in 2014:
AR-4: Tom Cotton(R)
CO-4: Cory Gardner(R)
GA-1: Jack Kingston(R)
GA-10:Paul Broun(R)
GA-11:Phil Gingrey(R)
HI-1: Colleen Hanabusa(D)
IA-1: Bruce Braley(D)
LA-6: Bill Cassidy(R)
MI-14:Gary Peters(D)
MT-0: Steve Daines(R)
OK-5: James Lankford(R)
TX-36:Steve Stockman(R)
WV-2: Shelley Moore Capito(R)

Former Reps running for House in 2014:
AL-5: Parker Griffith(R)
CA-3: Doug Ose(R)
GA-11:Bob Barr(R)
CA-31:Joe Baca(D)
IL-10:Bob Dold(R)
IL-17:Bobby Schilling(R)
MS-4: Gene Taylor(D)
MT-0: Denny Rehberg(R)
NH-1: Frank Guinta(R)
NY-11:Vito Fossella(R)
NY-18:Nan Hayworth(R)
OH-7: John Boccieri(D)
PA-13:Marjorie Margolies(D)
TX-23:Francisco Canseco(R)
Lost primary 2014:
TX-4: Ralph Hall(R)
VA-7: Eric Cantor(R)

Retiring to run for State Office in 2014:
AR-2: Tim Griffin(R)
CA-35:Gloria McLeod(D)
ME-2: Mike Michaud(D)
PA-13:Allyson Schwartz(D)
VI-0: Donna Christensen(D)

Retiring effective Jan. 2015:
AL-6: Spencer Bachus(R)
AZ-7: Ed Pastor(D)
CA-11:George Miller(D)
CA-25:Howard McKeon(R)
CA-31:Gary Miller(R)
CA-33:Henry Waxman(D)
CA-45:John Campbell(R)
IA-3: Tom Latham(R)
MI-4: Dave Camp(R)
MI-6: Tom Petri(R)
MI-12:John Dingell(D)
MN-6: Michele Bachmann(R)
NC-6: Howard Coble(R)
NC-7: Mike McIntyre(D)
NJ-3: Jon Runyan(R)
NJ-12:Rush Holt(D)
NY-4: Carolyn McCarthy(D)
NY-21:Bill Owens(D)
PA-6: Jim Gerlach(R)
UT-4: Jim Matheson(D)
VA-8: James Moran(D)
VA-10:Frank Wolf(R)
WA-4: Doc Hastings(R)
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Page last updated: Jun 18, 2014