Doug Burgum on Budget & Economy



Balanced the budget every year and passed record tax cuts

In [his Burgum's] 15-second advertisement titled "Why", Burgum says, "First, fix this crazy economy. Second, unleash American energy production. Third, rebuild our military to win the Cold War with China."

His second minute-long ad titled "Change" touts Burgum as a "new leader for a changing economy." It  highlights his background growing up in rural North Dakota, using his inherited farmland to invest the seed capital for Great Plains Software. He sold the company to Microsoft for $1.1 billion in 2001, and became governor of his home state in 2016.

"As governor, we took North Dakota from billions in the hole to a surplus," Burgum said. "We balanced the budget every year and passed record tax cuts, again, working together. Think what we could do with America."

Source: Iowa Capital Dispatch AdWatch on 2024 Presidential hopefuls , Jun 12, 2023

We've made great progress on our 10-year infrastructure plan

We've made great progress on DOT's 10-year infrastructure plan, investing $318 million so far this biennium to rebuild aging roads and bridges and our executive budget proposes an unprecedented $2.4 billion to accelerate our work. We can also build on the work done on water infrastructure last session by investing over $600 million to advance flood protection and our regional and critical water supply infrastructure across the state.
Source: 2023 State of the State Address to the N.D. legislature , Jan 3, 2023

Investing in infrastructure now will save us millions

Now is the time to invest in our future with a backbone of smart, efficient, modern infrastructure. We can save tens, if not hundreds, of millions of dollars by investing now versus waiting for years to pay cash for aging infrastructure. With a flexible $700 million revolving loan fund, we can support strategic high-dollar infrastructure projects while creating room in our DOT budget and the Resources Trust Fund to support many other smaller yet essential water and road projects.
Source: 2021 State of the State Address to North Dakota legislature , Jan 5, 2021

Increased teacher & state employee pay without raising taxes

Working with our legislative partners, you can see from 2016 to the current thing, we've reduced the general fund budget by over $1 billion. In that same timeframe we've increased teacher and state employee pay, we've made key infrastructure investments, we've reduced property taxes and we've done all of this without raising taxes. And so with great collaboration, we've been able to stabilize the state's finances and begin building our reserves.
Source: 2020 North Dakota State of the State address , Jan 29, 2020

Right-size government: cutting $1.2B is a great start

Burgum said he and the Legislature share many of the same goals, most notably the desire to balance the budget and fund priorities without raising taxes.

The budget proposal presented to lawmakers by Gov. Jack Dalrymple before he left office last month would reduce general fund spending by about $1.2 billion in the 2017-19 biennium, which Burgum called "a great start."

"But given the revenue uncertainty, we must dig deeper," Burgum said. "Right now is the time to right-size government."

"When I took office 19 days ago, I challenged our cabinet members to spend less time defending institutions and more time reinventing them. They're responding with enthusiasm for this quest," he said.

The governor called for zero-based budgeting starting in the next full budget cycle in order to focus spending on areas with the highest returns. He said the state needs to examine its revenue forecasting system.

Source: Press release on 2017 North Dakota State of the State speech , Feb 8, 2017

Other candidates on Budget & Economy: Doug Burgum on other issues:
2024 Republican Presidential Candidates:
Gov. Doug Burgum (R-ND)
Gov. Chris Christie (R-NJ)
Gov. Ron DeSantis (R-FL)
Larry Elder (R-CA;withdrew)
Gov. Nikki Haley (R-SC)
Rep. Will Hurd (R-FL;withdrew)
Gov. Asa Hutchinson (R-AR)
Perry Johnson (R-IL)
Mayor Steve Laffey (R-RI)
Former V.P.Mike Pence (R-IN;withdrew)
Vivek Ramaswamy (R-OH)
Sen. Tim Scott (R-SC)
Secy. Corey Stapleton (R-MT)
Mayor Francis Suarez (R-FL;withdrew)
Former Pres.Donald Trump (R-NY)

2024 Democratic and 3rd-party primary candidates:
Pres. Joe Biden (D-DE)
V.P.Kamala Harris (D-CA)
Robert F. Kennedy, Jr. (I-NY)
Chase Oliver (L-GA)
Rep.Dean Phillips (D-MN)
Jill Stein (Green)
Cornel West (Green Party)
Kanye West (Birthday Party)
Marianne Williamson (D-CA)
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Page last updated: Dec 24, 2023; copyright 1999-2022 Jesse Gordon and OnTheIssues.org