Nancy Mace on Budget & Economy | |
Specifically, Mace plans to attack the federal spending fiasco in her first term. She wants to see "significant movement" on measures to "restore some accountability in the budgeting process." Mace supports a "cut, cap, and balance approach" that will promote economic growth. Additionally, Mace supports eliminating the income tax and would like to see America move toward a consumption based tax.
Politicians in Washington continue to spend, continue to raise the debt ceiling and continue to ignore the coming wave of entitlement costs that will bankrupt our nation. Now is not a time for politics as usual, we need real leaders with courage to make the difficult choices. Spending is out of control, our national debt is soaring and politicians continue to hide from the real challenges.
Make no mistake; a day of reckoning is coming, even for a country as big and economically diverse as America. Margaret Thatcher once said, "The problem with socialism is that you eventually run out of other people's money." Thatcher was right. So, when is enough, enough?
Project Vote Smart inferred whether candidates agree or disagree with the statement, 'Economy: Do you support federal spending as a means of promoting economic growth?' PVS self-description: "The Political Courage Test provides voters with positions on key issues. Historically, candidates have failed to complete our test due to the advice they receive from their advisors and out of fear of negative attack ads."
Project Vote Smart inferred whether candidates agree or disagree with the statement, 'Economy: Do you support providing financial relief to businesses AND/OR corporations negatively impacted by the state of national emergency for COVID-19?' PVS self-description: "The Political Courage Test provides voters with positions on key issues. Historically, candidates have failed to complete our test due to the advice they receive from their advisors and out of fear of negative attack ads."