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Peter Ricketts on Budget & Economy

Republican Senate Challenger

 


Delivered historic tax relief by controlling spending

Part of it is controlling the spending side, you know, how have we been able to deliver this historic tax relief? Well, it's because we've kept our spending down to 2.8%. So if you look across the eight years of budgets that we've done, the budget has only grown 2.8% annually, compared to the 6.5% it was growing before I took over. And when your revenues grow about 4.5%, and you keep your expenses lower than that, that's how you have the ability to provide this type of tax relief.
Source: Nebraska Public Media on 2024 Nebraska Senate race , Jan 12, 2023

$500 million to construct a canal reservoir system

After our people, water is Nebraska's greatest natural resource. To secure Nebraska's water supply, I am recommending $500 million to construct a canal and reservoir system from the South Platte River. If we fail to secure our supply from the South Platte River, we could expect to lose 90% of the water that currently comes to us from Colorado. We must act to preserve, protect, manage, and steward our water supply for our future Nebraskans.
Source: 2022 State of the State Address to the Nebraska legislature , Jan 13, 2022

First priority is to reduce government spending

Upon filing for election, Pete Ricketts vowed to do away with congressional earmarks and cut government spending if elected. He emphasized the importance of controlling government spending. Ricketts said, "My first priority is to get government spending under control. We don't have a revenue problem in this country. We have a spending problem."
Source: Ben Thompson, North Platte Telegraph , Feb 7, 2006

Ask how necessary is every program, like corporations do

Republican Senate candidate Pete Ricketts, former CEO of Ameritrade, said, "We need to send people to Congress who have experience cutting spending," Ricketts said. "My experience (with Ameritrade) makes me a uniquely qualified candidate. When spending cuts were necessary at Ameritrade we asked, ‘Is this a nice to have or a gotta have project?' The same question needs to be asked in regards to government spending.
Source: Ben Thompson, North Platte Telegraph , Feb 7, 2006

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