Authored Balanced Budget Amendment plus lower taxes
George Allen’s record on tax relief is well known. As a Member of Congress, the National Taxpayers Union honored him as the “Most Fiscally Responsible” member of the Virginia Delegation. In Congress, Allen authored a Constitutional Amendment requiring
a balanced federal budget, a measure that also included taxpayer protections against higher taxes. As Governor, he reduced taxes by more than $600 million, while increasing investment in education by a record $2 billion and producing balanced budgets.
Voted YES on $40B in reduced federal overall spending.
Vote to pass a bill that reduces federal spending by $40 billion over five years by decreasing the amount of funds spent on Medicaid, Medicare, agriculture, employee pensions, conservation, and student loans. The bill also provides a down-payment toward hurricane recovery and reconstruction costs.
Reference: Work, Marriage, and Family Promotion Reconciliation Act;
Bill S. 1932
; vote number 2005-363
on Dec 21, 2005
Demand a Balanced Budget amendment.
Allen signed the Contract From America
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.
Source: The Contract From America 10-CFA03 on Jul 8, 2010
Limit federal spending growth to per-capita inflation rate.
Allen signed the Contract From America
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.
Source: The Contract From America 10-CFA06 on Jul 8, 2010
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