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Kirsten Gillibrand on Budget & Economy

Democratic Senator (NY); Democratic Candidate for President (withdrawn)

 


Tighten our belts but carefully, not a "slash-only approach"

Gillibrand hit Long on her pledge to not raise taxes to balance the federal budget. "We can tighten our belts. We can cut spending," Gillibrand said, "but we have to do it precisely and carefully. We cannot have a slash-only approach, like my opponent has."

Long campaigned on fiscal discipline and other conservative positions.

Source: New York Newsday on 2012 N. Y. Senate debate , Oct 17, 2012

Retire half the public debt by 2006.

Gillibrand adopted the Blue Dog Coalition letter:

Source: Blue Dog Coalition letter to the Senate 01-BDC2 on May 9, 2001

More enforcement of mortgage fraud and TARP fraud.

Gillibrand signed Fight Fraud Act

Source: S.386&HR1748 2009-S386 on May 4, 2009

Ban abusive credit practices & enhance consumer disclosure.

Gillibrand signed Credit CARD Act

Source: S.414 & H.R.627 2009-S414 on Feb 11, 2009

Voted YES on $900 billion COVID relief package.

Gillibrand voted YEA Consolidated Appropriations Act (COVID Relief bill)

NPR summary of HR133:

Argument in opposition: Rep. Alex Mooney (R-WV-2) said after voting against H.R. 133: `Congress voted to spend another $2.3 trillion [$900 billion for COVID relief], which will grow our national debt to about $29 trillion. The federal government will again have to borrow money from nations like China. This massive debt is being passed on to our children and grandchildren. With multiple vaccines on the way thanks to President Trump and Operation Warp Speed, we do not need to pile on so much additional debt. Now is the time to safely reopen our schools and our economy. HR133 was another 5593-page bill put together behind closed doors and released moments prior to the vote.`

Legislative outcome: Passed House 327-85-18, Roll #250, on Dec. 21. 2020; Passed Senate 92-6-2, Roll #289, on Dec. 21; signed by President Trump on Dec 27 [after asking for an increase from $600 to $2,000 per person, which was introduced as a separate vote].

Source: Congressional vote 20-HR133 on Jan 15, 2020

$1.9 trillion ARPA bill for COVID relief.

Gillibrand voted YEA American Rescue Plan Act

This bill provides additional relief to address the continued impact of COVID-19 on the economy, public health, state and local governments, individuals, and businesses:

Rep. Kevin McCarthy in OPPOSITION (3/11/21): The so-called American Rescue Plan imposed a $1.9 trillion new burden on American families. Despite being branded as `COVID relief,` only 9% of funds in this bill actually goes to defeating the virus, and almost half of the money, including more than 95% of the education funds, will not be spent until 2022 or later. After a year of struggle and sacrifice, students and parents get no answer to the vital question of when they can expect schools to reopen full time. President Biden wants Americans to believe `help is on the way.` But under this bill, it isn`t; waste is.

Biden Administration in SUPPORT (2/26/21): ARPA provides the tools and support critical to tackle the urgent public health and economic crises the Nation faces as a result of COVID-19. The bill also provides eligible Americans with a $1,400 payment in addition to the $600 payment provided in December of 2020. The bill also extends key emergency unemployment benefits, and raises the minimum wage to $15 per hour.

Legislative Outcome: Passed House 219-212-1 on 2/27/21; passed Senate 50-49-1 on 3/6/21; signed by President on 3/11/21.

Source: Congressional vote 21-HR1319 on Feb 27, 2021

Other candidates on Budget & Economy: Kirsten Gillibrand on other issues:
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