2018 DE Senate race: on Budget & Economy


Tom Carper: Let competition work instead of capping credit card interest

[In October 1987, a House] amendment would have limited the allowable interest rate on all U.S. credit cards to 15%. A 1978 Supreme Court ruling had rendered state-level interest rate caps useless, allowing lenders to charge 40% or more in some states.

With a healthy 257-177 advantage, House Democrats had the numbers to force the federal cap through. But Democrats on the House Banking Committee wanted no part of significantly depressing credit card profits, having struck down this amendment almost unanimously in committee.

One young Democrat from Delaware stepped forward to urge a no vote. His name was Tom Carper. "The bill before us without this amendment is a good bill," Carper said. "But I think it's premature to try to make that point. We can do a lot of good things with this legislation and a free enterprise competitive system. Let's let that competition work."

Source: The Intercept on 2018 Delaware Senate race Aug 22, 2018

Gene Truono: Government spending must have accountability & transparency

Gene supports accountability and transparency with all government spending. He will work on legislation targeting fraud and abuse while seeking to hold government agencies accountable on budgets and performance.
Source: 2018 Delaware Senate campaign website VoteTruono.com Apr 4, 2018

  • The above quotations are from 2018 Delaware Senate race: debates and news coverage.
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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 10, 2018