Tom Smith on Budget & Economy |
He hears those concerns echoed in countless meetings across the state, as workers and business owners share their frustrations about the economy, and about Washington adding to those burdens. "Businesses are scared to expand right now," Smith says. "It's understandable. I lived that."
After 20 years running mining operations, Smith knows that businesses need consistency to expand and flourish: in energy prices, regulations, and tax policy. It just isn't there today. An overly complex tax code also hurts, Smith says.
The Contract from America, clause 3. Demand a Balanced Budget:
Begin the Constitutional amendment process to require a balanced budget with a two-thirds majority needed for any tax hike.
The Contract from America, clause 6. End Runaway Government Spending:
Impose a statutory cap limiting the annual growth in total federal spending to the sum of the inflation rate plus the percentage of population growth.
Christian Coalition publishes a number of special voter educational materials including the Christian Coalition Voter Guides, which provide voters with critical information about where candidates stand on important faith and family issues. The Christian Coalition Voters Guide summarizes candidate stances on the following topic: "Passage of a Balanced Budget Amendment to the U.S. Constitution"