2020 Conventions: on Budget & Economy


Joe Biden: We will rebuild economy & build it back better

That's why my economic plan is all about jobs, dignity, respect, and community. Together, we can, and we will, rebuild our economy. And when we do, we'll not only build it back, we'll build it back better. With modern roads, bridges, highways, broadband, ports and airports as a new foundation for economic growth. With pipes that transport clean water to every community. With 5 million new manufacturing and technology jobs so the future is made in America.
Source: Acceptance speech at 2020 Democratic National Convention Aug 20, 2020

Democratic Party: Create infrastructure bank to fund projects

Democrats support the creation of an infrastructure bank that will leverage public and private resources to build infrastructure projects of national or regional significance, including in rail and transit, clean energy and water infrastructure, broadband, and affordable housing. Projects will be required to follow Buy America and Buy Clean provisions, pay Davis-Bacon prevailing wages, utilize project labor agreements, and ensure employers remain neutral in workers' organizing efforts.
Source: Democratic Party Platform adopted at 2020 Convention Jul 27, 2020

Green Party: Steady-state economy better than increasing GDP

Economic growth, as gauged by increasing Gross Domestic Product (GDP), is a dangerous and anachronistic goal. The most viable and sustainable alternative is a steady-state economy. A steady-state economy has a stable or mildly fluctuating product of population and per capita consumption, and is generally indicated by stable or mildly fluctuating GDP. The steady-state economy has become a more appropriate goal than economic growth in the United States and other large, wealthy economies.
Source: Green Party Platform at 2020 Green National Convention Jul 9, 2020

Reform Party: Transportation & infrastructure are critical to our success

Mass transit, public and private transportation and our overall infrastructure are critical to our continued success as a nation. The Reform Party would open a dialogue with the American people on what their transportation needs are. If we focus on the essential needs of the American people, our long-term strategic needs as well as costs, we can develop a plan that will lead to a better transportation system.
Source: Reform Party Platform at 2020 Convention; ReformParty.org Jun 22, 2020

Constitution Party: Eliminate debt by selling federal assets

We must eliminate the debt in the shortest reasonable time by: We could eliminate the debt more rapidly by selling certain lands and other federal assets, including foreign military bases, and applying the proceeds exclusively to debt reduction.
Source: Constitution Party Platform at 2020 Convention May 2, 2020

Libertarian Party: Voluntary funding & Balanced Budget Amendment

We oppose any legal requirements forcing employers to serve as tax collectors. We support any initiative to reduce or abolish any tax & oppose any increase on any tax for any reason. To the extent possible, we advocate that all public services be funded in a voluntary manner.

Government should not incur debt, which burdens future generations without their consent. We support the passage of a "Balanced Budget Amendment" to the U.S. Constitution, provided that the budget is balanced exclusively by cutting expenditures, and not by raising taxes.

A free and competitive market allocates resources in the most efficient manner. Each person has the right to offer goods and services to others on the free market. The only proper role of government in the economic realm is to protect property rights, adjudicate disputes, and provide a legal framework in which voluntary trade is protected. All efforts by government to redistribute wealth, or to control or manage trade, are improper in a free society.

Source: Libertarian Party Platform for 2018-2020 National Convention Jul 4, 2018

  • The above quotations are from 2020 Democratic and Republican Conventions.
  • Click here for definitions & background information on Budget & Economy.
  • Click here for other issues (main summary page).
  • Click here for more quotes by Donald Trump on Budget & Economy.
  • Click here for more quotes by Joe Biden on Budget & Economy.
2020 Presidential contenders on Budget & Economy:
  Democrats running for President:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Gov.Lincoln Chafee (L-RI)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
Gov.Jesse Ventura (I-MN) 		Republicans running for President:
Sen.Ted Cruz(R-TX)
Gov.Larry Hogan (R-MD)
Gov.John Kasich(R-OH)
V.P.Mike Pence(R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(R-NY)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld(R-MA & L-NY)

2020 Withdrawn Democratic Candidates:
Sen.Stacey Abrams (D-GA)
Mayor Bill de Blasio (D-NYC)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
Rep.Eric Swalwell (D-CA)
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Page last updated: Sep 07, 2020