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Kerry Bentivolio on Budget & Economy
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Demand a Balanced Budget amendment.
Bentivolio signed the Contract From America
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.
Source: The Contract From America 10-CFA03 on Jul 8, 2010
Limit federal spending growth to per-capita inflation rate.
Bentivolio signed the Contract From America
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.
Source: The Contract From America 10-CFA06 on Jul 8, 2010
Supports a constitutional BBA.
Bentivolio supports the CC Voters Guide question on a constitutional BBA
Christian Coalition publishes a number of special voter educational materials including the Christian Coalition Voter Guides, which provide voters with critical information about where candidates stand on important faith and family issues.
The Christian Coalition Voters Guide summarizes candidate stances on the following topic: "Passage of a Balanced Budget Amendment to the U.S. Constitution"
Source: Christian Coalition Voter Guide 12-CC-q11c on Oct 31, 2012
Audit the Federal Reserve & its actions on mortgage loans.
Bentivolio co-sponsored Federal Reserve Transparency Act
The Federal Reserve Transparency Act directs:
- the completion, within 12 months, the audit of the Federal Reserve System and of the Federal Reserve Banks; with a detailed report of audit findings and conclusions.
- Audit and report on the loan files of homeowners in foreclosure in 2009 or 2010, required as part of the enforcement actions taken by the Federal Reserve against supervised financial institutions.
- Prescribes audit contents, including:
- the guidance given by the Federal Reserve to independent consultants retained by the supervised financial institutions regarding procedures to be followed in conducting the file reviews,
- the factors considered by independent consultants when evaluating loan files and the results obtained pursuant to those reviews, and
- the determinations made by such consultants regarding the nature and extent of financial injury sustained by each homeowner as well as the level and type of remediation offered.
Source: H.R.24&S.209 13-HR0024 on Jan 3, 2013
Prioritize critical spending in case debt limit reached.
Bentivolio co-sponsored Prioritize Spending Act
The Prioritize Spending Act requires amounts necessary for incurred federal obligations, in the event that the public debt reaches the statutory limit, to be made available to certain obligations, in prioritized order, before all other obligations. Prioritizes such obligations in the following descending order:
- amounts necessary to carry out the authority of the Department of the Treasury to pay with legal tender the principal and interest on public debt;
- amounts to provide pay to members of the Army, Navy, Air Force, Marine Corps, and Coast Guard, including their active reserve components;
- amounts certified as necessary to carry out vital national security priorities;
- amounts necessary to carry out Social Security monthly old-age, survivors', and disability insurance benefits; and
- amounts necessary to make payments under the Medicare program.
Source: H.R.149 13-HR0149 on Jan 3, 2013
Endorsed Liberty Candidate: End the Federal Reserve.
Bentivolio is endorsed by Congressional endorsement list
A Liberty Candidate will Defend the Great American Principles of Sound Money and Constitutional Government, [such as the views of] Peter Schiff, Senate 2010 candidate from Connecticut, on the Economy: "Strong fiscally conservative principles and beliefs that our economic recovery should be left to the free market through businesses and individuals--not the federal government."
And [such as the views of] R.J. Harris, Congress 2010 candidate from Oklahoma on Ending the Federal Reserve: "What goes on at the Fed is a clear example of the infringement upon our liberty and national sovereignty through Congressional delegation of its authority. Now, the Fed refuses to even let us see how much and to whom our money has been loaned or how much they have indebted the American People. They do so by rightly asserting that they are a private entity and therefore do not have to comply with orders to open their books. Our Congress has completely lost control over the creation of money and credit and now we are all going to pay the price of that abrogation of their duty."
Source: 2010 Congressional endorsement list 2010-LC-BE on Sep 1, 2010
Page last updated: Apr 11, 2013
