John Kasich on Budget & Economy

Former Republican Representative (OH-12); 2000 candidate for President

1989 had 3 budgets: Democrats'; President's; and Kasich's

I was overwhelmed because both 1989 budgets were deeply flawed proposals. Bush the First, his budget was terrible. And the Democratic budget was even worse. So I went back to my office and announced to my staff that we would write our own budget.

In 1989 there was offered on the House floor the President's budget, and the Democrats' rebuttal budget, and the Kasich budget. The Democratic budget received 230 votes. The Bush budget received 213 votes. The Kasich budget received 30 votes.

Every year I offered my own budget for consideration, and my 3rd or 4th year my budget received more votes than the President got for his budget, and in so doing I learned a few things about leadership. Leadership is not talking. Leadership is doing. Every time they beat my budget on the floor of the House and I lay there in a bloody heap, people knew I was committed. It wasn't talk. It was action.

Source: Stand For Something, by John Kasich, p. 84-86 , May 10, 2006

1995 shutdown led to first balanced budget in 40 years

In 1995 when the Republicans won the majority I became chairman of the House Budget Committee. We were poised and ready to balance the budget for the first time since man walked on the moon.

As it happened, Pres. Clinton wanted to phony up the numbers on this first go-round, so we shut down the government. I look back and think it was one of the greatest moments of my career. Why? Well, typically, politicians make their decisions based on votes. And yet in at least this one instance politicians set aside these concerns and stood up for what was right. For our children. For our shared future. For America. For this one battle, for the time being, we forgot about politics and focused on good government, and if we had to take a beating for it then so b it. And as a direct result of that government shutdown in 1995, we wrote a bill that provided for the first balanced budget in nearly forty years and allowed us to pay down the largest chunk of our staggering national debt in the history of this country.

Source: Stand For Something, by John Kasich, p. 86-87 , May 10, 2006

Sarbanes-Oxley deters legitimate American business

Mutual funds were established in the early 1900s as a way for the average investor to participate in the markets without the benefit of deep pockets. They have lately been operating under such a cloud of suspicion that many people have taken their investment dollars elsewhere.

The cleanup continues, and frankly I don't think we're doing a good job of it. The Sarbanes-Oxley Act of 2002, hailed as the most significant change to federal securities laws since the New Deal, has had a deleterious effect on American business. I see it as a clear case of the government overreacting to a serious problem, one that can't be solved through legislation. Why? Well, for one thing, you can't legislate ethical behavior; you either know the difference betwee right and wrong, or you don't.

On the positive side, Sarbanes-Oxley has established a strong set of internal controls. But they've been a deterrent to legitimate American businesses. They've put many honest businessmen and women on the defensive.

Source: Stand For Something, by John Kasich, p.135-136 , May 10, 2006

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. “I’m not against ethanol, but I’m not for any subsidies,” Kasich said, adding that he’s against similar benefits for sugar and peanuts. Kasich’s candor was appreciated [by an Iowa gathering], although his stance was not. “They tell me that’s going to kill me in Iowa, but I’m not changing my position to get votes,” he said.
Source: Associated Press, “Strong Positions in Iowa”, 4/26/99 , Apr 26, 1999

Supports balanced budget amendment & line item veto.

Kasich signed the Contract with America:

[As part of the Contract with America, within 100 days we pledge to bring to the House Floor the following bill]:

The Fiscal Responsibility Act:
A balanced budget/tax limitation amendment and a legislative line-item veto to restore fiscal responsibility to an out-of-control Congress, requiring them to live under the same budget constraints as families and businesses.
Source: Contract with America 93-CWA3 on Sep 27, 1994

2010 Governor, House and Senate candidates on Budget & Economy: John Kasich on other issues:

OH Senatorial:
Rob Portman
Sherrod Brown

2011 Special Elections:
CA-36:Jane Harman(D)
CA-36:Janice Hahn(D)
NV-2:Dean Heller(R)
NY-9:Anthony Weiner(D)
NY-26:Chris Lee(R)
NY-26:Kathleen Hochul(D)
Retiring 2012:
CA-6:Lynn Woolsey(D)
OK-2:Dan Boren(D)
MI-5:Dale Kildee(D)
TX-14:Ron Paul(R)
Running for Mayor:
CA-51:Bob Filner(D)
Running for Governor:
IN-6:Mike Pence(R)
WA-8:Dave Reichert(R)
Running for Senate:
AZ-1:Jeff Flake(R)
CT-5:Chris Murphy(R)
HI-2:Mazie Hirono(D)
IN-2:Joe Donnelly(D)
MO-2:Todd Akin(R)
MT-0:Dennis Rehberg(R)
ND-0:Rick Berg(D)
NM-1:Martin Heinrich(D)
NV-1:Shelley Berkley(D)
UT-3:Jason Chaffetz(R)
Dem. Freshmen
in 112th Congress:

AL-7:Terri Sewell
CA-33:Karen Bass
DE-0:John Carney
FL-17:Frederica Wilson
HI-1:Colleen Hanabusa
LA-2:Cedric Richmond
MA-10:Bill Keating
MI-13:Hansen Clarke
RI-1:David Cicilline
GOP Freshmen
in 112th Congress:

AL-2:Martha Roby
AL-5:Mo Brooks
AZ-1:Paul Gosar
AZ-3:Ben Quayle
AZ-5:David Schweikert
AR-1:Rick Crawford
AR-2:Tim Griffin
AR-3:Steve Womack
CA-19:Jeff Denham
CO-3:Scott Tipton
CO-4:Cory Gardner
FL-12:Dennis Ross
FL-2:Steve Southerland
FL-21:Mario Diaz-Balart
FL-22:Allen West
FL-24:Sandy Adams
FL-25:David Rivera
FL-5:Rich Nugent
FL-8:Dan Webster
GA-2:Mike Keown
GA-7:Rob Woodall
GA-8:Austin Scott
ID-1:Raul Labrador
IL-8:Joe Walsh
IL-10:Bob Dold
IL-11:Adam Kinzinger
IL-14:Randy Hultgren
IL-17:Bobby Schilling
IL-8:Joe Walsh
IN-3:Marlin Stutzman
IN-4:Todd Rokita
IN-8:Larry Bucshon
IN-9:Todd Young
KS-1:Tim Huelskamp
KS-3:Kevin Yoder
KS-5:Mike Pompeo
LA-3:Jeff Landry
MD-1:Andy Harris
MI-1:Dan Benishek
MI-2:Bill Huizenga
MI-3:Justin Amash
MI-7:Tim Walberg
MN-8:Chip Cravaack
MO-4:Vicky Hartzler
MO-7:Billy Long
MS-1:Alan Nunnelee
MS-4:Steven Palazzo
GOP Freshmen
in 111th Congress:

NC-2:Renee Ellmers
ND-0:Rick Berg
NH-2:Charlie Bass
NH-1:Frank Guinta
NJ-3:Jon Runyan
NM-2:Steve Pearce
NV-3:Joe Heck
NY-13:Michael Grimm
NY-19:Nan Hayworth
NY-20:Chris Gibson
NY-24:Richard Hanna
NY-25:Ann Marie Buerkle
NY-29:Tom Reed
OH-1:Steve Chabot
OH-15:Steve Stivers
OH-16:Jim Renacci
OH-18:Bob Gibbs
OH-6:Bill Johnson
OK-5:James Lankford
PA-10:Tom Marino
PA-11:Lou Barletta
PA-3:Mike Kelly
PA-7:Patrick Meehan
PA-8:Mike Fitzpatrick
SC-1:Tim Scott
SC-3:Jeff Duncan
SC-4:Trey Gowdy
SC-5:Mick Mulvaney
SD-0:Kristi Noem
TN-3:Chuck Fleischmann
TN-4:Scott DesJarlais
TN-6:Diane Black
TN-8:Stephen Fincher
TX-17:Bill Flores
TX-23:Quico Canseco
TX-27:Blake Farenthold
VA-2:Scott Rigell
VA-5:Robert Hurt
VA-9:Morgan Griffith
WA-3:Jaime Herrera
WI-7:Sean Duffy
WI-8:Reid Ribble
WV-1:David McKinley
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Page last updated: Nov 05, 2011