OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Issue Position: Economy

Issue Position

Date: Jan. 1, 2016
Issues: Finance and Banking Economy and Fiscal Government Budget and Spending

As long as the federal government continues to monopolize lending credit with loans to service both the debt and to cover deficit spending, it minimizes the funds available for business and personal loans. We need to:

Work towards a balanced budget with systematic pay down of the debt. It's a spending not a revenue issue. An appropriate balanced budget amendment is needed.

Eliminate the present tax code and adopt a fair or flat tax system. This would save time, decrease record keeping requirements, and result in more money for capital investment and jobs.


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