Thursday, May 8, 2014

Federal Spending

The following was written in November 2013 as a response to the questionnaire for federal candidates seeking an endorsement from the Liberty Caucus of the Republican Conference (i.e., the Republican Party).

Here is the link to the original questionnaire:

http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0CC4QFjAA&url=http%3A%2F%2Fwi.rlc.org%2Fwp-content%2Fuploads%2F2010%2F05%2FFederal-Candidate-Questionnaire.doc&ei=u3B8UqXbBqPiiwL2ioCoDg&usg=AFQjCNHAzM58Dr-APGVchRKzOkVV0TKRyw&sig2=qStOgZ0RAgXVAbnHi2kFtw

This is my answer to Question #6.





6. B
   (From the current level, federal government spending should decrease, returning any surpluses to the private sector through debt repayments and/or tax decreases rather than increase or be set at some undetermined level)
   Federal government spending should (B) decrease, returning any surpluses to the private sector through debt repayments and/or tax decreases. I would not favor (A and C) increasing spending because I believe that we can and should reduce spending and eventually reduce taxes without ceasing federal involvement in any programs which cannot be administered without the assistance of the federal government.
   I would not favor (D) setting spending at whatever level is necessary to fund worthwhile government programs, because I feel that this attitude reflects a lack of principles about the proper role, size, and scope of government, and that it is a slippery slope to lack of fiscal restraint, deficits, and unfunded liabilities.
   As such, I would support efforts to pass a balanced budget amendment, and I would enthusiastically consider – but be cautious to approve – any proposed Cut-Cap-and-Balance-type legislation.




For more entries on budgets, finance, debt, and the bailouts, please visit:

No comments:

Post a Comment

Who Took Third Place in Each State?: Which Non-Major-Party Presidential Candidates Did Best in Which States in 2024?

     The map below depicts which presidential candidates came in third place in the 2024 U.S. presidential election.      By showing the thi...