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Beto O`Rourke on Budget & Economy
Democratic candidate for President; Texas Senator nominee
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Farmers want markets, not subsidies
From listening to farmers that I've met, they're not looking for bailouts. They want to connect with those markets that they have worked a lifetime to establish. Markets that are now closed to them because of this trade war, because of these tariffs.
They're no longer able to sell to the rest of the world, they're no longer able to make a profit doing what they do best, and they will not be able to pass these farms and ranches on to the next generation.
Source: CBS Face the Nation 2019 interview of presidential hopefuls
, May 26, 2019
Promote antitrust & regulations that promote competition
- Promote policies that encourage companies to focus on returning investments back to their consumer, their employees, and to the community.
- Lower the barrier to entry for small businesses so that every entrepreneur or emerging growth company
can have an opportunity to be successful.
- Promote regulations that protect consumers, promote competition and grow the economy.
- Support stronger antitrust regulations that break up monopolies and trusts that stifle competition and innovation.
Source: 2018 Texas Senate campaign website BetoForTexas.com
, Jan 1, 2018
Voted NO on prioritizing spending in case debt limit is reached.
Congressional Summary:Requires the Secretary of the Treasury, in addition to any other authority provided by law, to issue obligations to pay with legal tender, and solely for the purpose of paying, the principal and interest on U.S. obligations held by the public, or held by the Old-Age and Survivors Insurance Trust Fund and Disability Insurance Trust Fund, in the event that the federal debt reaches the statutory limit after enactment of this Act. Prohibits the issued obligations from being taken into account in applying the current $16.394 trillion public debt limit to the extent that they would otherwise cause such limit to be exceeded. Opponent's Argument for voting No:Rep. MAFFEI: The American people want us to work together--Republicans and Democrats--to reduce our debt, pay our bills, and avoid an economic catastrophe, which would result from default. This legislation presumes it will happen and maps out not if but what happens when the
United States defaults. Their plan ensures that foreign creditors such as China, Japan, and OPEC countries Iran and Saudi Arabia would continue to get paid while we halt other payments to groups of Americans who have earned those benefits. This bill prioritizes Chinese lenders ahead of American seniors and veterans and college students. That's why it's called the Pay China First Act.
White House statement in opposition:American families do not get to choose which bills to pay and which ones not to pay, and the United States Congress cannot either without putting the nation into default for the first time in its history. This bill would threaten the full faith and credit of the United States, cost American jobs, hurt businesses of all sizes and do damage to the economy. It would cause the nation to default on payments for Medicare, veterans, national security and many other critical priorities. This legislation is unwise, unworkable, and unacceptably risky."
Reference: Full Faith and Credit Act;
Bill H R 807
; vote number 13-HV807
on May 9, 2013
Supports federal stimulus spending.
O`Rourke supports the PVS survey question on federal stimulus
Project Vote Smart infers candidate issue stances on key topics by summarizing public speeches and public statements. Congressional candidates are given the opportunity to respond in detail; about 11% did so in the 2012 races.
Project Vote Smart summarizes candidate stances on the following topic: 'Economy: Do you support federal spending as a means of promoting economic growth?'
Source: Project Vote Smart 12-PVS-qBE on Aug 30, 2012
Page last updated: Dec 15, 2019