Carly Fiorina on Budget & Economy
Republican primary challenger and former CEO
FIORINA: This is why we must combine, actually, zero-based budgeting with tax reform because unless we can examine, and cut, and move, every single dollar of discretionary spending in the federal government. Ask yourself this question: How is it possible that the federal government gets more money each and every year for 50 years, under Republicans and Democrats alike, and yet, never has enough money to do the important things? The answer? All the money's always spoken for. All the money's spoken for. So, we have to go to zero-based budgeting, which is a simple idea. There's been a bill for zero-based budgeting; it exists, it can be voted on. Every dollar must be examined. Any dollar can be cut. Any dollar can be cut, any dollar can be moved.
FIORINA: First we have to remember what the engine of economic growth is in this nation? Small businesses, family-owned businesses, community-based businesses. Two-thirds of new jobs are created by small businesses. Half of Americans are employed by small businesses. We're crushing them. We're now destroying more than we're creating. That's why we have to roll back this regulatory burden and take a 75,000-page tax code and make it three pages, because guess what? When you have a big costly, complicated government, only the big, the powerful, wealthy and well connected can deal with it. It's called crony capitalism. It's why we must reduce the size of government.
She called the February 2009 stimulus package a "failure'' and as proof cited the unemployment rate in San Bernardino County, which has increased from 11.7% when the stimulus legislation was approved to more than 14.2% in August.
To rescue the economy, Fiorina said Congress should extend the Bush-era tax cuts passed in 2001 and 2003, which she said gave much-needed tax relief to small and family-owned businesses. Those tax breaks are set to expire at year's end.
Fiorina said that the key to economic recovery was less government, taxation and regulation. She called for extending the Bush administration's tax cuts, saying that their expiration would further harm the struggling economy, and expressed support for repealing the estate tax and creating additional tax break for small businesses. "To create jobs, we need to make sure in particular our small businesses, our family-owned businesses, our innovators and our entrepreneurs are freed from strangling regulation and freed from taxation," Fiorina said.
Faith2Action.org is "the nation's largest network of pro-family groups." They provide election resources for each state, including Voter Guides and Congressional Scorecards excerpted here. The Faith2Action survey summarizes candidate stances on the following topic: 'American Recovery and Reinvestment Act of 2009 (the stimulus bill) '
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