2008 VA Senate Debate between Jim Gilmore and Mark Warner: on Budget & Economy


Jim Gilmore: I delivered a balanced budget; no deficit when I ended term

Warner criticized Gilmore for delivering [as Governor] a state budget “full of gimmicks” and accused him of implementing fiscal policy that helped create a $6 billion state shortfall. Gilmore said there was no deficit when he ended his term and that he delivered a balanced budget. He also has noted throughout his campaign that Warner promised not to increase taxes when running for governor but later instituted the largest tax increase in state history.
Source: 2008 VA Senate Debate in The Washington Times Sep 19, 2008

Jim Gilmore: More banking oversight, even if it means bigger government

When the debate turned to the crisis on Wall Street, Gilmore and Warner both said they would support an increase in regulation, even if it meant bigger government. “We have to have more oversight,” Gilmore said.

Warner said the problems in banking and the mortgage business were caused by “too many people asleep at the switch in Washington. Everyone was looking at the next quarterly profits, and no one had a long-term plan,” he said.

Source: 2008 VA Senate debate reported in Washington Post Sep 19, 2008

Mark Warner: Gilmore’s budgets “full of gimmicks” created $6B deficit

Warner criticized Gilmore for delivering a state budget [when he succeeded Gilmore as Governor, which Warner] described as “full of gimmicks” and accused him of implementing fiscal policy that helped create a $6 billion state shortfall.

Gilmore said there was no deficit when he ended his term and that he delivered a balanced budget. He also noted that Warner promised not to increase taxes when running for governor but later instituted the largest tax increase in state history.

Source: 2008 VA Senate Debate in The Washington Times Sep 19, 2008

Mark Warner: Banking crisis caused by too many asleep at the switch in DC

When the debate turned to the crisis on Wall Street, Gilmore and Warner both said they would support an increase in regulation, even if it meant bigger government. “We have to have more oversight,” Gilmore said.

Warner said the problems in banking and the mortgage business were caused by “too many people asleep at the switch in Washington. Everyone was looking at the next quarterly profits, and no one had a long-term plan,” he said.

Source: 2008 VA Senate debate reported in Washington Post Sep 19, 2008

  • The above quotations are from 2008 VA Senate Debate between Jim Gilmore and Mark Warner.
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Candidates and political leaders on Budget & Economy:

Retired Senate as of Jan. 2015:
GA:Chambliss(R)
IA:Harkin(D)
MI:Levin(D)
MT:Baucus(D)
NE:Johanns(R)
OK:Coburn(R)
SD:Johnson(D)
WV:Rockefeller(D)

Resigned from 113th House:
AL-1:Jo Bonner(R)
FL-19:Trey Radel(R)
LA-5:Rod Alexander(R)
MA-5:Ed Markey(D)
MO-9:Jo Ann Emerson(R)
NC-12:Melvin Watt(D)
SC-1:Tim Scott(R) 		Retired House to run for Senate or Governor:
AR-4:Tom Cotton(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)
ME-2:Mike Michaud(D)
MI-14:Gary Peters(D)
MT-0:Steve Daines(R)
OK-5:James Lankford(R)
PA-13:Allyson Schwartz(D)
TX-36:Steve Stockman(R)
WV-2:Shelley Capito(R) 		Retired House as of Jan. 2015:
AL-6:Spencer Bachus(R)
AR-2:Tim Griffin(R)
CA-11:George Miller(D)
CA-25:Howard McKeon(R)
CA-33:Henry Waxman(D)
CA-45:John Campbell(R)
IA-3:Tom Latham(R)
MN-6:Michele Bachmann(R)
NC-6:Howard Coble(R)
NC-7:Mike McIntyre(D)
NJ-3:Jon Runyan(R)
NY-4:Carolyn McCarthy(D)
NY-21:Bill Owens(D)
PA-6:Jim Gerlach(R)
UT-4:Jim Matheson(D)
VA-8:Jim Moran(D)
VA-10:Frank Wolf(R)
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Page last updated: Dec 02, 2018