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John MacGovern on Budget & Economy

 

 


Budget deficit is a moral issue as well as economic issue

He says the federal budget deficit has the country teetering on the brink of a "fiscal cliff" and that it will cripple the United States unless it is reduced.

The situation is more than an economic issue, he said. "It's a moral issue as well. Our irresponsible national government is saddling our grandchildren with the responsibility for paying what we are irresponsibly borrowing to spend today."

Source: Wall Street Journal on 2018 Vermont Senate race , Nov 1, 2012

Our most serious problem is skyrocketing national debt

As Vermont families continue to struggle with tough economic times, we need to send a strong and clear message to Washington that it can't be business as usual anymore. In short, we can't spend our way to prosperity; and we certainly can't do it by making our families shoulder the burden of Washington's reckless spending.

We need effective leadership that can bring real results to the hardworking families of Vermont. Our nation's most serious problem is the skyrocketing national debt.

Our national debt has now surpassed the value of our $15 trillion economy. $5 trillion of that debt has been added in just four years of Obama's budgets. We desperately need to rein in out-of-control spending and get our country back toward solvency.

The solution to this massive and crippling problem will require serious and courageous reforms of Social Security, and other entitlement programs.

Source: Vermont 2012 Senate campaign website JohnMacGovern.com , Oct 22, 2012

Rein in out-of-control spending

Our nation's most serious problem is the skyrocketing national debt. Our national debt has now surpassed the value of our $15 trillion economy. $5 trillion of that debt has been added in just four years of Obama's budgets. We desperately need to rein in out-of-control spending and get our country back toward solvency. In short, we can't spend our way to prosperity.
Source: 2012 Senate campaign website, johnmacgovern.com, "Issues" , Aug 11, 2012

Other candidates on Budget & Economy: John MacGovern on other issues:
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