State of Iowa Archives: on Budget & Economy


Terry Branstad: Restored Iowa's rainy day and economic emergency funds

Three years ago, like many other states, Iowa faced serious budget challenges. The path to prosperity was grim. Yet the charge to us was clear: restore predictability and stability to the state to get our fiscal house in order.

Working together, we have done just that. We have passed two biennial budgets that restore predictability to the state budget. These are budgets that hard-working Iowa taxpayers can depend on, budgets that work for Iowans by prioritizing education, economic development and job training. Today, Iowa's rainy day and economic emergency funds are full and we are fortunate to have a healthy budget surplus. Iowa is working.

Source: 2014 Iowa State of the State address Jan 14, 2014

Matthew Whitaker: Top priority: Grow the economy

Inside the Ida Grove Skate Palace, the politicians were peppered with questions from about 100 Iowa voters. Before the forum, the candidates told us what issue is most important to them.

"Jobs and economy," said State Senator Joni Ernst.

"Balancing the budget," answered former State Attorney Matt Whitaker.

"Grow the economy," said Dr. Sam Clovis.

With an ever growing list of Republican candidates the biggest challenge, right now, may be standing out in a crowded field. "I want to go to Washington not as a career politician, but as a citizen legislator. The laws that I work on will apply to me when I'm done, since I've taken a term limit pledge to only serve two terms," Whitaker said.

"I am certainly not the status quo, and I won't represent the status quo. The American people are sick of that, and they want real change, by real people, who will do things that will really change this country and get it back on track," Clovis said.

Source: Siouxland News KTIV on 2014 Iowa Senate debate Nov 19, 2013

Sam Clovis: Top priority: Balancing the budget

Inside the Ida Grove Skate Palace, the politicians were peppered with questions from about 100 Iowa voters. Before the forum, the candidates told us what issue is most important to them.

"Jobs and economy," said State Senator Joni Ernst.

"Balancing the budget," answered former State Attorney Matt Whitaker.

"Grow the economy," said Dr. Sam Clovis.

With an ever growing list of Republican candidates the biggest challenge, right now, may be standing out in a crowded field. "I am certainly not the status quo, and I won't represent the status quo. The American people are sick of that, and they want real change, by real people, who will do things that will really change this country and get it back on track," Clovis said.

After the forum, the audience cast their vote in a straw poll. With 57-votes, the king of the palace Monday night was Sam Clovis. The winner of the Republican Primary will likely face Bruce Braley, the only Democrat in the race.

Source: Siouxland News KTIV on 2014 Iowa Senate debate Nov 19, 2013

Joni Ernst: I've castrated hogs so I know how to cut pork

Joni Ernst also landed what might have been the best line of the night with this gem: "We have to cut our spending and as a farmer's daughter who grew up in southwest Iowa castrating hogs with her dad, I can go to Washington and cut pork."

That was the first time the live audience reacted vocally. The line was both humorous and insightful.

Source: Kevin Hall in Iowa Republican on 2014 Iowa Senate debate Oct 24, 2013

Joni Ernst: Break Washington's spending addiction

Restoring Fiscal Responsibility: Washington has a spending addiction and Joni is committed to breaking it. It's simple: Government must stop spending more money than it takes in. That's why Joni supports a Balanced Budget Amendment to the Constitution to force Washington to stop the reckless spending and live within its means.
Source: 2014 Senate campaign website, JoniForIowa.com, "Issues" Sep 9, 2013

Newt Gingrich: Don't bail out Freddie Mac & Fannie Mae; break them up

Rep. PAUL: [to Gingrich]: He received a lot of money from Freddie Mac. While he was earning a lot of money from Freddie Mac, I was fighting over a decade to try to explain to people where the housing bubble was coming from. So Freddie Mac is bailed out by the tax payers. So in a way, Newt, I think you probably got some of our tax payer's money.

GINGRICH: First, the housing bubble came from the Federal Reserve inflating the money supply. Second, I was never a spokesman for any agency, I never did any lobbying for any agency. I offered strategic advice. I was in the private sector. You're allowed to charge money for it. It's called free enterprise. I'm not for bailing them out, in fact, I'm for breaking them up.

Q: Rep. Bachmann, you called Speaker Gingrich a "poster boy of crony capitalism."

BACHMANN: Well, when you're taking over $100 million, and you're taking money to influence the outcome of legislation in Washington, that's the epitome of the consummate insider.

Source: Yahoo's "Your Voice Your Vote" debate in Iowa Dec 10, 2011

Rick Perry: The federal reserve is at the root of a lot of our problems

PERRY: Congressman Paul got me really intrigued with the whole federal reserve. Paul got me most interested in a subject that is at the root of a lot of the problems that we have.

PAUL: I have learned that you should never give up on your opposition. Because if you're persistent, and you present your case, they will come your way. So Rick, I appreciate it. You're open to the federal reserve. That's wonderful. But I work from the assumption that freedom brings people together.

Source: Yahoo's "Your Voice Your Vote" debate in Iowa Dec 10, 2011

Ron Paul: Destroying our currency transfers wealth to the rich

The middle class is suffering, but not only because we bail out the rich and dump on the poor and they lose their jobs and their houses. There's a characteristic about monetary policy. When a country destroys its currency, it transfers wealth from the middle class to the wealthy, and this is what you're seeing today: the elimination of the middle class. And it's going to get a lot worse unless we address overspending, over-borrowing, printing too much money, and understanding the business cycle.
Source: Yahoo's "Your Voice Your Vote" debate in Iowa Dec 10, 2011

Herman Cain: Don't raise debt ceiling; that doesn't solve problem

Q: [to Bachmann]: What do you say to the analysts who say that the markets would have fallen through the basement if we had not raised the debt ceiling?

A: I think we just heard from Standard & Poor's. When they dropped our credit rating, what they sai is, we don't have an ability to repay our debt. I was proved right in my position: We should not have raised the debt ceiling. And instead, we should have cut government spending.

Q: Mr. Cain, do you agree with that?

CAIN: I did not agree with raisin the debt ceiling, because the solution that they came up with does not solve the problem, as Rep. Bachmann talks about. The way to deal with it is pay those things that need to be paid and then make the tough choices of cutting the other things, agency by agency, program by program, based upon performance metrics. We didn't need to raise the debt ceiling, but there was an easy way out, and the problem still has not been solved. And Standard & Poor's has sent a message.

Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa Aug 11, 2011

Jon Huntsman: I'm gonna do for the US what I did for Utah

Q: You said you intend to convene a "council of business leaders" to figure without is needed to improve our economy. In the middle of an economic crisis, shouldn't you already have a pretty detailed plan by now?

A: The plan you will find on our Web site; it is coming. We have been in the race only for a month and a half. But here's what I intend to do: I intend to do exactly what I did as governor of the state of Utah. We took a good state and we made it #1 in terms of job creation. If you want to know what I'm going to do, I'm going to do exactly what I did as governor. It's called leadership. It's called looking at how the free market system works. It's creating a competitive environment. We cut taxes historically. We didn't just cut them, we cut them historically. And we maintained our AAA bond rating. When you look at me and ask, what is that guy going to do? Look at what I did as governor. That is exactly what I'm going to do, and it's exactly what this country needs right now

Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa Aug 11, 2011

Jon Huntsman: I stood up for debt ceiling increase and against default

SANTORUM [to Huntsman]: Rep. Bachmann had an opportunity to lead, but couldn't lead the Congress to do something responsible in making sure that we didn't have the fiasco that we have in place now.

BACHMANN: That we have to raise the debt ceiling and spend money that we don't have is the wrong premise. [We should] have our balanced budgets and also have our spending priorities in order.

HUNTSMAN: I'm the only one on this stage who stood up for a deal, for the Boehner deal, against this nation defaulting. I know I'm a little different than everybody else in that regard. We are 25% of the world's GDP. We are the largest financial services sector by far in this entire world. And the thought that people would just let this nation default when we could have a deal that at least gets things going on cuts, raising the ceiling, gets us toward entitlement reform, gets us toward a balanced budget amendment. I thought Rep. Boehner should be complimented for what he did. This nation should never default

Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa Aug 11, 2011

Michele Bachmann: Don't raise debt ceiling; country not at risk of default

Q: You voted against the debt ceiling increase deal. You insisted the country was not at risk of default. If you had your way, the debt ceiling would not have been raised. Why?

A: Consider what happened by raising the debt ceiling: The Congress gave Barack Obama a blank check for $2.4 trillion. What did the American people get in return? $21 billion in illusory cuts. So from the time I've been in Congress, we've gone from $8.6 trillion in debt to now almost double, to $16.7 trillion. This is madness The worst thing that you can do is continue to borrow money and spend money that we don't have.

Q: What do you say to the analysts who say that the markets would have fallen through the basement?

A: I think we just heard from Standard & Poor's. When they dropped our credit rating, what they said is, we don't have an ability to repay our debt. I was proved right in my position: We should not have raised the debt ceiling. And instead, we should have cut government spending.

Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa Aug 11, 2011

Michele Bachmann: I was the leading voice against raising the debt ceiling

SANTORUM: Rep. Paul and Rep. Bachmann had an opportunity to lead. But they couldn't lead the Congress to do something responsible in making sure that we didn't have the fiasco that we have in place now. We should have balanced the budget. To suggest that we never need to raise the debt ceiling, that is showmanship, not leadership. Of course we have to raise the debt ceiling at some point.

BACHMANN: The thinking that says that we have to continue to raise the debt ceiling and spend money that we don't have is the wrong premise. The American people are asking for a very different, bold vision. And I was the leading voice against raising the debt ceiling. That's what the American people want us to do: have our balanced budgets and also have our spending priorities in order. That was the right thing to do.

Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa Aug 11, 2011

Mitt Romney: 7 principles for leadership on the economy

Q: How long would it take you to turn around the economy?

A: I'm not going to give you an exact time-frame, but I can tell you this, that if you spend your life in the private sector, you understand that what Pres. Obama has done is the exact opposite of what the economy needed to be done. There are really seven things that need to be done:

  1. Make sure our corporate tax rates are competitive with other nations
  2. Make sure that our regulations and bureaucracy works not just for the bureaucrats in Washington, but for the businesses that are trying to grow
  3. Have trade policies that work for us, not just for our opponents
  4. Have an energy policy that gets us energy secure
  5. Have the rule of law
  6. Great institutions that build human capital, because capitalism is also about people, not just capital and physical goods
  7. Have a government that doesn't spend more money than it takes in. And I'll do it.
Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa Aug 11, 2011

Newt Gingrich: The Super-committee is as dumb an idea as I've ever heard

Q: Say you had a spending cuts deal, 10 to one, spending cuts to tax increases. Can you raise your hand if you feel so strongly about not raising taxes, you'd walk away on the 10 to one deal?

[All 8 participants raised their hands] Q: Mr. Speaker, why are you shaking your head?

A: Look, I think this super committee is about as dumb an idea as Washington has come up with in my lifetime. The idea that 523 senators and congressmen are going to sit around for four months while 12 brilliant people, mostly picked for political reasons, are going to sit in some room and brilliantly come up with a trillion dollars or force us to choose between gutting our military and accepting a tax increase is irrational. They're going to walk in just before Thanksgiving and say, all right, we can shoot you in the head or cut off your right leg, which do you prefer? What they ought to do is scrap the committee right now, go back to regular legislative business, and get rid of this secret phony business.

Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa Aug 11, 2011

Newt Gingrich: It's a scandal that the Federal Reserve is secret

Q: You say the unemployment problem has been made worse by the policies of the Federal Reserve. You call for auditing the Fed and stripping it of its banking powers. But Rep. Paul thinks the Fed needs to be abolished to create lasting prosperity. Why is the Fed worth saving?

A: Well, I think that having some kind of central bank is an important part of how you deal with monetary policy in the modern world. But having Chairman Bernanke deal with hundreds of billions of dollars, some estimates as much as $16 trillion in secret is profoundly against a free society. The feds should be totally audited. It should be out in public. Their decision documents from 2007, 2008, & 2009 should be public. We should know who they bailed out and why they bailed them out. And who they didn't bail out. And I think that it is a scandal that the Federal Reserve is secret. And I think, frankly, their monetary policy since the late 90s has been a major factor in the economic pain we're now going through.

Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa Aug 11, 2011

Rick Santorum: Govt has averaged 18% of GDP and we're now at 25%

Q: The deficit cutting super committee is now getting to work. Democrats will demand that savings come from a combination of spending cuts and tax increases, maybe $3 in cuts for every $1 in higher taxes. Is there any ratio of cuts to taxes that you would accept? Three to one? Or even 10 to one?

A: No. The answer is no, because that's not the problem. The problem is that we have spending that has exploded. Government has averaged 18% of GDP as a percentage of the overall economy that government eats up. And we're now at almost 25%. So if you look at where the problem is, it is in spending, not taxes. And we'll get those taxes up if we grow the economy. I put forward the plan to grow the economy and I've provided leadership in the past to get bipartisan things done.

Q: But just confirming, Senator, you would not negotiate on raising taxes?

A: Absolutely not, because it's not the problem. We need to get the economy growing. That doesn't mean taking more money out of it.

Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa Aug 11, 2011

Rick Santorum: Audit the Fed; but no gold standard

Q: You said that you were "the Tea Party before there was a Tea Party." But a top Tea Party goal, particularly in Iowa, is to revert back to the gold standard, something you oppose.

SANTORUM: Well, first off, I didn't say that, the Washington Post said it. I simply commented on what they said. I don't take the claim, the Tea Party organization is flat and it should stay that way. It should support ideas, not candidates. And people who stand up and say they lead it, well, I think most of the Tea Party people think their leadership is among the people, not anybody who is a member of congress or anywhere else. I think there's some reforms we can do at the Fed. And I agree we need to audit the Fed. I disagree with most of what Ron Paul said. Just because he's mostly wrong, doesn't mean he's always wrong. I appreciate his contribution in that regard.

Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa Aug 11, 2011

Rick Santorum: Stopping debt ceiling increase is showmanship not leadership

Q: [to Bachmann]: You voted against the debt ceiling increase deal. Why?

BACHMANN: Consider what happened by raising the debt ceiling: The Congress gave Barack Obama a blank check for $2.4 trillion. Instead, we should have cut government spending.

SANTORUM: Rep. Paul and Rep. Bachmann had an opportunity to lead. But they couldn't lead the Congress to do something responsible in making sure that we didn't have the fiasco that we have in place now. We should have balanced the budget. The balanced budget amendment should have been the focus from the beginning. To suggest that we never need to raise the debt ceiling, that is showmanship, not leadership. Of course we have to raise the debt ceiling at some point. We're borrowing 42 cents of every dollar. You're going to cut 42 cents of every dollar? Medicare, Medicaid, Social Security, defense, and interest on the debt is 60%. That means cut everything else and something of those. That's showmanship, not leadership.

Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa Aug 11, 2011

Ron Paul: Country is bankrupt & we can't keep spending

Q: When Standard & Poor's downgraded the country's credit rating last week, they cited gridlock in Washington.

PAUL: Well, S&P didn't downgrade it because [Congress] couldn't come to a conclusion. They couldn't come to a conclusion because they didn't know what was going on. The country's bankrupt, and nobody wanted to admit it. And when you're bankrupt, you can't keep spending. And all these proposed cuts weren't cuts at all. What you have to do is restore sound money. You have to understand why you have a business cycle, why you have booms and busts. If you don't do that, there's no way you can solve these problems. And the booms and busts comes from a failed monetary system that--the interest rates that are way lower than--than they should be encourages malinvestment and debt. And to get out of that, all this other tinkering, you cannot do that unless you liquidate debt. You don't bail out the people that are bankrupt and dump the debt on the people. That is what's happened.

Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa Aug 11, 2011

Ron Paul: I'm delighted that auditing the Fed has become mainstream

Q: [to Gingrich]: You call for auditing the Fed and stripping it of its banking powers. But Rep. Paul thinks the Fed needs to be abolished to create lasting prosperity. Why is the Fed worth saving?

GINGRICH: Well, I think that having some kind of central bank is an important part of how you deal with monetary policy in the modern world. I think that it is a scandal that the Federal Reserve is secret. And I think, frankly, their monetary policy since the late 90s has been a major factor in the economic pain we're now going through.

Q: [to Paul]: Is Speaker Gingrich wrong to want to save the Fed? PAUL: Not exactly. Because my position isn't that I'd closed the door down immediately, you can phase it out. But there are some other things that we could do in a transition phase. For instance, and I'm delighted that mainstream is catching up with this, these days, for auditing the Fed. This is great.

Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa Aug 11, 2011

Tim Pawlenty: I'll offer a prize to anyone who can find Obama's plan

Q: You say your economic plan with tax cuts and spending caps would grow the economy by an average rate of 5% a year for 10 years. With the last two quarters averaging less than 1% growth--is your proposal just pie in the sky?

A: Well, the US needs a growth target, and it needs to be an aggressive and bold growth target. I don't want the US' growth target to be anemic or lag like Barack Obama's. So, is the bar high? Yes. But do we need that growth to get out of this hole? You bet. But, there's anothe question here. Where is Barack Obama on these issues? You can't find his plans on some of the most pressing financial issues of our country. For example, where is Obama's plan on Social Security reform, Medicare reform, Medicaid reform? In fact, I'll offer a prize tonight to anybody in this auditorium or anyone watching on television: if you can find Obama's specific plan on any of those items, I will come to your house and cook you dinner. Or, if you prefer, I'll come to your house and mow your lawn

Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa Aug 11, 2011

Terry Branstad: End the days of unsustainable commitments

The results of our past budget practices have been across the board cuts and a mountain of broken promises. The days of unsustainable commitments are over. It will come as no surprise to any of you that I am submitting a biennial budget that includes my recommendations for both Fiscal Years 2012 and 2013. Also included with this budget is a five year financial projection that shows how the decisions we make this year will impact the bottom line over the next five years. Iowa desperately needs these financial planning tools and I will insist the Legislature join me in this commitment to provide Iowans with an honest, open, and transparent approach to spending the public's money. We will make our government as good, as dependable, as well-managed as the people it serves.
Source: 2011 Iowa State of the State Address Jan 27, 2011

Roxanne Conlin: Hold Grassley accountable for Wall Street greed

When Senator Grassley deregulated Wall Street, he threw open the doors to unrestrained greed and recklessness. Communities across our state are now suffering from home foreclosures, farm foreclosures and bankruptcies.

Senator Grassley and his colleagues allowed the greed on Wall Street to put all of us in jeopardy. Iowans lost homes, jobs and dreams of retirement. The irresponsible deregulation of Wall Street put us all at risk. In November, we can hold those responsible accountable.

Source: 2010 Senate campaign website, www.RoxanneForIowa, "Issues" Jul 20, 2010

Bill Richardson: Balanced Budget Amendment to address $9 trillion debt

Q: What should be done to restore global confidence in the dollar and how would those measures affect people of color in the US?

A: America has lost its economic leadership. We have a $9 trillion dollar debt. Weíve got a weakening dollar. Weíve got jobs going overseas. These are the steps that I would take as president. What is going to be key is fiscal discipline. I am for a constitutional amendment to balance the budget within a 5-6 year period. We have to balance that budget. This debt is to commercial banks, to China, to India. Iím for a line item veto. We need investments also in science and technology. Give a tax incentive for increasing the prevailing wage. Invest in education, invest in kids and science and technology. Itís a competitiveness issue. This is the kind of investment we need to make. Fiscal discipline, number two science and technology, invest in the new industries of the future and third invest in education. Thatís how America will regain its economic leadership.

Source: 2007 Iowa Brown & Black Presidential Forum Dec 1, 2007

Chris Dodd: People of color lured into sub prime lending

Q: This week the administration proposed freezing the interest rates for a lot of sub prime mortgages around the country that are about to trend up in interest rates. The burden of that lands disproportionately on minority home owners. Some are suggestin that merely freezing home rates for people who are in bad mortgages and canít get out just delays the reckoning that is surely going to come. Do you agree with the proposal?

A: I think itís a pretty good idea. In fact we made a similar suggestion. Freezing that rate would allow a couple of things to happen. One, people stay in their homes. But also the financial institutions, theyíre better off getting 3-4% back than nothing whenever foreclosures occur. [Furthermore], Iím trying to make sure this doesnít happen again. This was outrageous what went on here. There were no cops on the beat in this administration--they basically walked away from this and you have three times people of color in this country are being lured into sub prime lending.

Source: 2007 Iowa Brown & Black Presidential Forum Dec 1, 2007

Dennis Kucinich: Must cut Pentagon spending

Q: Will your middle-class tax relief be immediate?

DEAN: The first priority is balancing the budget. What we will do is lay out a plan to balance the budget and include some sort of plan to increase corporate taxes, just as Lieberman has suggested, because corporate taxes are now at the lowest level since 1934, which means the rest of us are paying the rest of the tax burden and thatís not fair.

KUCINICH: Dean takes the position that heís going to balance the budget, but he said repeatedly that he wonít touch Pentagon spending. Half the discretionary budget of the US goes for the Pentagon. The solution is get out of Iraq, cut the bloated Pentagon budget by 15%, and stop the tax cuts that are going to the wealthy.

DEAN: There are an enormous number of needs in defense that arenít getting met: special operations, an anti-terrorist task force, human intelligence; cyber intelligence; soldiers arenít paid properly. What I will do is leave the Pentagon budget alone.

Source: Iowa Brown and Black Presidential Forum Jan 11, 2004

Dennis Kucinich: WPA-type program will create jobs and rebuild America

Q: Do you agree that the economy is recovering?

A: The truth of the matter is that we should have a full-employment economy. With the government, the employer of last resort, there ought to be jobs, enough jobs for all who want to work. And as president, I will create a full-employment economy by sponsoring a WPA-type program, which will rebuild Americaís cities and rural communities, new bridges, water systems, sewer systems, new energy systems, put millions of people back to work.

Source: Iowa Brown and Black Presidential Forum Jan 11, 2004

John Kerry: Economy is recovering for corporations to some degree

Q: Do you agree that the economy is recovering?

A: Itís a recovery for the people in the corporate boardroom. Itís a recovery for corporations, to some degree, by compacting, by increasing productivity. But if you go across America, itís not a recovery This recovery is a recovery for those people who have stock. Itís a recovery for those people who are able to walk away with the highest salaries. But workers have only seen a three-cents-an-hour increase in their wages.

Source: Iowa Brown and Black Presidential Forum Jan 11, 2004

Dennis Kucinich: Social cuts redistribute wealth upwards

Q: Each of you has said you would reverse the Bush tax cuts for the so-called rich. How much money do people have to make before you consider them rich?

KUCINICH: When you consider that a steelworker whoís making $40,000 a year has virtually the same tax burden as someone whoís making $400,000 a year, you see that there are inequities. This administration has used the tax code to accelerate wealth to the top. Most of the tax breaks have gone to people in the top bracket.

And what does that mean? That means that we have a diminishing capacity to take care of needs here at home. Look whatís happened with this budget the administration has just submitted. Theyíre cutting funds for job programs, for veterans, for health care, for education, for all the real social needs. So the wealth continues to be redistributed upward. We need a tax code thatís fair. But we need to cancel the Bush tax cuts that go to people in the top bracket.

Source: Democratic 2004 Presidential Primary Debate in Iowa Jan 4, 2004

Carol Moseley-Braun: Government serves public; donít ďstarve the beastĒ

What Bush and the GOP are doing is trying to deliver the last blow of an extreme political agenda that wants to, quote, ďstarve the beast.Ē What they say is starve the public sector, what they mean is starve the American people.

This is economy is not working for working people, because the Bush crowd does not appreciate, understand or have any respect for working people. Democrats believe that government can play a constructive role to serve the public interests, to serve everybody.

Source: AFSCME union debate in Iowa May 17, 2003

Dick Gephardt: 1993 tax increase & sound economics caused budget surplus

Let me remind us all that back in 1993 the Democrats passed a economic plan that raised taxes and cut spending, and it created the best economy that weíve ever had in 50 years. Remember? Only two short years ago, we were having arguments about what to do with the surplus. When Iím president, we will bring back sound economic policies. This presidentís economic policy has failed. Itís made a mess of this economy, and thereís going to be a referendum on his leadership in November of 2004.
Source: AFSCME union debate in Iowa May 17, 2003

Howard Dean: Republicans havenít balanced a federal budget in 34 years

Q: Whatís the higher priority for you, balancing the federal budget or stimulating the economy?

DEAN: You can actually do both, and weíre going to have to do both. The Republicans canít balance budgets. They havenít done it in 34 years. Itís not an accident that in 1993 when the House and Senate supported balancing the budget, that that kicked off this tremendous time of prosperity, because people had confidence and they began to invest in America again.

Source: AFSCME union debate in Iowa May 17, 2003

Bill Bradley: More for tech education since tech created surplus

BRADLEY [to Gore]: We have tremendous economic growth driven by technological change and globalization, innovation, entrepreneurship in the private sector. That is producing this tremendous surplus. That means we can do more to try to help community colleges. Iíve proposed a way to do that-$2 billion for community colleges-because thatís where people learn more so that they can earn more for a lifetime. Al wants to spend $127 billion on defense increases and wants to spend less than that for education.

GORE: Iíve presided over the so-called reinventing government program to downsize our federal bureaucracy, including, more than any other, the Pentagon and the Defense Department. But even as weíve kept our military strong, weíve turned the biggest deficits into the biggest surpluses in history. Now we have an opportunity to invest in education & human services. And if you work in the field of human services, you know how important Medicaid is to the people who receive those human services.

Source: Democrat Debate in Johnston Iowa Jan 8, 2000

John Kasich: Against ethanol subsidies, and all subsidies

Kasich opposes federal subsidies for ethanol, a corn derivative added to gasoline. Ethanol is especially important to Iowans, who see it as a way to expand demand for corn. ďIím not against ethanol, but Iím not for any subsidies,Ē Kasich said, adding that heís against similar benefits for sugar and peanuts. Kasichís candor was appreciated [by an Iowa gathering], although his stance was not. ďThey tell me thatís going to kill me in Iowa, but Iím not changing my position to get votes,Ē he said.
Source: Associated Press, ďStrong Positions in IowaĒ, 4/26/99 Apr 26, 1999

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2016 Presidential contenders on Budget & Economy:
  Republicans:
Amb.John Bolton(MD)
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Gov.Mike Huckabee(AR)
Gov.Jon Huntsman(UT)
Gov.Bobby Jindal(LA)
Rep.Peter King(NY)
Gov.Sarah Palin(AK)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Secy.Condi Rice(CA)
Sen.Marco Rubio(FL)
Rep.Paul Ryan(WI)
Sen.Rick Santorum(PA)
Democrats:
Secy.Hillary Clinton(NY)
V.P.Joe Biden(DE)
Gov.Andrew Cuomo(NY)
Mayor Rahm Emanuel(IL)
Gov.Martin O`Malley(MD)
Sen.Bernie Sanders(VT)
Gov.Brian Schweitzer(MT)
Sen.Jim Webb(VA)

2016 Third Party Candidates:
Mayor Michael Bloomberg(I-NYC)
Gov.Gary Johnson(L-NM)
Donald Trump(NY)
Gov.Jesse Ventura(I-MN)
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