State of Virginia secondary Archives: on Budget & Economy
Dave Brat:
Reduce spending & support a balanced budget amendment
Our national debt has skyrocketed, reaching over $17 trillion dollars. What our leaders in Washington fail to mention is the $127 trillion dollars in unfunded liabilities.
This lack of leadership on both sides of the aisle threatens our nation's stability and long term growth and forces an undue burden on our children and grandchildren.
We must balance the federal budget by reducing spending. I will support a balanced budget amendment which will force
Congress to reign in the out of control federal spending and to restore confidence in the American economy.
Source: 2014 VA -7 House campaign website, DaveBratForCongress.com
Jun 15, 2014
Jim Gilmore:
Virginia is booming; unemployment at record lows
Despite the pressures of a national economic slowdown, our economy remains strong. In fact, last year, was a landmark year for economic growth and development.- In November, Virginia unemployment dropped to an incredible 2%-the third lowest rate in
the nation.
- Virginia companies announced investments of $6 billion in our economy last year, which is an all-time record.
- We have already kept our promise to create 250 thousand new jobs before the end of this Administration.
Source: 2001 State of the State Address to VA General Assembly
Jan 10, 2001
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: Washington Post on 2008 VA Senate debate
Sep 19, 2008
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
Lee Carter:
Supports statewide rent control, de-commodifying housing
Lee supports a wide array of housing policies aimed at cracking down on property speculators and de-commodifying housing. These include statewide rent control, good-cause eviction laws, vacancy taxes for corporate landlords,
right of first refusal for multi-family units' tenants to cooperativize their community rather than being evicted en masse, and a public option for housing.
Source: 2021 VA Governor campaign website CarterForVirginia.com
Aug 5, 2021
Lee Carter:
Supports increased funding for public transportation
Lee believes all of Virginia needs a world-class transit system, capable of providing for the Commonwealth's ever-growing population and reducing commute times. He supports increased funding for public transportation and has consistently opposed
new tolls. He supports maintaining our roads in a state of good repair, upgrading existing intersections to alleviate bottlenecks and safety issues, and will push for expanded bus and rail services in every corner of Virginia.
Source: 2021 VA Governor campaign website CarterForVirginia.com
Aug 5, 2021
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: Washington Post on 2008 VA Senate debate
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
Tom Garrett:
Not afraid to vote against budgets that are too big
Our federal budget is a disaster, and everyone knows it. We've somehow managed to end up with a $19 trillion debt even though Republicans controlled the House of Representatives for the past 6 years (although we've only controlled the
Senate since the election of 2014). Instead of passing budgets under "regular order", Congress has resorted to omnibus spending bills, which give the president too much power and promotes bigger and bigger deficits.
Tom is not afraid to vote no on bad budgets, even those supported by Republican leadership here in Richmond. Last year he was the only vote against a budget that was too big, and used tax payer money to help the state compete directly against small
business owners in the Commonwealth. Tom didn't put up with it in Richmond, and he won't put up with it in D.C. Tom will continue to do the right thing and vote for fiscal responsibility and less spending in Congress.
Source: 2016 VA House campaign website TomGarrettForCongress.com
Nov 8, 2016
Tom Perriello:
No bailouts for Wall Street at Main Street's expense
I have fought to ensure that all hard-working Americans are guaranteed a living wage and secure retirement. I believe that parents should have time to spend with their families instead of having to work multiple jobs just to put food on the table.
And I have been a vocal opponent of more bailouts for Wall Street at Main Street's expense. Here are some of the ways I have fought in Congress for economic fairness: Relief for Small Businesses- Voted for the American Recovery and Reinvestment
Act, which included the largest middle-class tax cut in history, and has made significant investment in local schools, highways, and law enforcement--investments felt on Main Streets every day
- Voted against releasing the second $350 billion of the
Troubled Asset Relief Program (TARP), or the Wall Street bailout
- Introduced a bill to give a tele-work tax credit to businesses who hire employees in small towns and rural communities who can work remotely
Source: 2008 VA House campaign website PerrielloForCongress.com
Nov 1, 2008
Page last updated: Feb 18, 2023