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Gary Johnson on Budget & Economy

Former Republican NM Governor


Trillion-dollar stimulus failed; so will another $450B?

I suspect I am not the only American asking, if a trillion dollars' worth of stimulus didn't work, why will another $450 billion do the trick? Whether it be jobs created with borrowed and newly-printed dollars, temporary extensions of tax cuts, or sending money to the states to postpone layoffs, none of the President's proposals will remove the real obstacles to job creation. Government cannot create jobs. Businesses, entrepreneurs and investors can create jobs, and right now, they are simply afraid to do so. And they should be. They are looking at a national debt that is consuming the private economy, more deficit spending with no end in sight, and a regulatory environment that promises only new and costly surprises every day.

Government is absolutely a big part of the jobs problem, but it is not the solution--other than by getting out of the way. Congress and the Administration have almost helped us to death.

Source: Response to 2011 Jobs Speech, on www.garyjohnson2012.com , Sep 8, 2011

Stop incurring more debt; balanced budget by 2013

Q: As president, how will you avoid continually raising the debt ceiling?

Gingrich: We don't need Obama's "balanced approach" (code for raise taxes). We need a balanced budget.

Santorum: Pass the Balanced Budget Amendment and work for its ratification across the country!

Gingrich: When you balance the budget there is no need to raise the debt ceiling. I am the only candidate who has balanced the budget.

Johnson: I'd avoid continually raising the debt ceiling by not incurring more debt! I'd submit to Congress a balanced budget in 2013, & veto any appropriation that exceeds that budget.

Santorum: DC doesn't work; we need to impose discipline on politicians who want to buy their reelection with your money. BBA is the only way.

Gingrich: We can balance the budget again by growing the economy, cutting spending and reforming government. That's how we did it before. We CAN do it again.

Source: 2011 Republican primary debate on Twitter.com , Jul 21, 2011

Our debt is greatest threat to our national security

Q: How do you weigh the cost of fighting the war on terror against the exploding debt crisis?

Gingrich: The exploding debt crisis is because of exploding politician spending in Washington, not because of national security.

Santorum: The first priority of the federal government is to keep America safe. I would not cut defense--freeze it; cut waste; and then plow savings back into Defense.

Johnson: The debt is the greatest threat to national security we face today. Besides, we do not need 60,000 to 100,000 troops in Afghanistan and Iraq to protect ourselves. Nor do we need nation-building.

Gingrich: We spend less on defense today as percentage of GDP than at any time since Pearl Harbor.

Santorum: The first priority of the federal government is to keep America safe. I would not cut defense--freeze it; cut waste; and then plow savings back into Defense.

Gingrich: Controlling the border and defending America are job #1 under the Constitution.

Source: 2011 Republican primary debate on Twitter.com , Jul 21, 2011

Balance budget by cutting entitlements AND Defense

Gary Johnson said on ABC's "Top Line" that Republicans should be more aggressive than they've been in cutting federal spending. They should take on entitlement programs, too; Medicare and Medicaid could be slashed by 43% and turned into grant programs for the states to distribute.

"I think we should balance the federal budget tomorrow," Johnson said. "I'm optimistic. I think Americans are optimistic. We went to the moon, we can balance the federal budget. We can fix this. We're not addressing the problems that we face, and that starts with Medicaid, Medicare, reforming Social Security and Defense. And I mean cutting those areas

Source: Rick Klein, ABC News, "Obscurity to Prominence" , Apr 22, 2011

Uphold commitments to states before other spending.

Johnson adopted the National Governors Association position paper:

The Issue

The major budget issue will be over the surplus and how big of a surplus there will be. How much will be dedicated to paying down the national debt, how much to tax cuts, how much to increase defense spending, what to do about key discretionary spending programs, and whether and how to change key entitlement programs, such as Medicaid, Medicare, and Social Security? How these decisions are made could have significant impacts on the federal-state partnership, especially as they affect vital health and human services programs. What will happen to funding for priority state domestic discretionary programs for the federal fiscal year? When will Congress act?

NGA’s Position

Before considering new spending initiatives or tax cuts, the federal government must first uphold its current commitments to the states.
Source: National Governors Association "Issues / Positions" 01-NGA8 on Sep 14, 2001

Other governors on Budget & Economy: Gary Johnson on other issues:
NM Gubernatorial:
Susana Martinez
NM Senatorial:
Tom Udall

Newly seated 2010:
NJ Chris Christie
VA Bob McDonnell

Term-limited as of Jan. 2011:
AL Bob Riley
CA Arnold Schwarzenegger
GA Sonny Perdue
HI Linda Lingle
ME John Baldacci
MI Jennifer Granholm
NM Bill Richardson
OK Brad Henry
OR Ted Kulongoski
PA Ed Rendell
RI Donald Carcieri
SC Mark Sanford
SD Mike Rounds
TN Phil Bredesen
WY Dave Freudenthal
Newly Elected Nov. 2010:
AL: Robert Bentley (R)
CA: Jerry Brown (D)
CO: John Hickenlooper (D)
CT: Dan Malloy (D)
FL: Rick Scott (R)
GA: Nathan Deal (R)
HI: Neil Abercrombie (D)
IA: Terry Branstad (R)
KS: Sam Brownback (R)
ME: Paul LePage (R)
MI: Rick Snyder (R)
MN: Mark Dayton (D)
ND: Jack Dalrymple (R)
NM: Susana Martinez (R)
NV: Brian Sandoval (R)
NY: Andrew Cuomo (D)
OH: John Kasich (R)
OK: Mary Fallin (R)
PA: Tom Corbett (R)
RI: Lincoln Chafee (I)
SC: Nikki Haley (R)
SD: Dennis Daugaard (R)
TN: Bill Haslam (R)
VT: Peter Shumlin (D)
WI: Scott Walker (R)
WY: Matt Mead (R)
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Health Care
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Immigration
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Tax Reform
War/Iraq/Mideast
Welfare/Poverty


Contact info:
Campaign website:
www.garyjohnson2012.com
Mailing Address:
731 E South Temple, Salt Lake City, UT, 84110
Phone:
801-303-7922
Press Inquiries:
media@garyjohnson2012.com,
Web contact in lieu of EMail

Page last updated: Nov 23, 2011