Issue Position: Fiscal Responsibility

Issue Position

Right now, forty cents of every dollar spent by the federal government is borrowed from future generations. The Congressional Budget Office (CBO) says we are on an unsustainable path, and for the first time in our nation's history the credit rating of the United States has been downgraded.

As a small business owner, Marcus Richmond understands how fiscal irresponsibility destroys businesses and opportunities. He believes in leadership by example and will support Senator Rubio's plan to cut the White House and Congressional budgets by ten percent. He would take this plan one step further and apply the ten percent cut to all Congressional salaries. The savings would be used to reduce the deficit or pay down the debt. Members of Congress cannot expect the people to make sacrifices if they are unwilling to share the burden.

Entitlements must be reformed or they will go broke and bankrupt our country, but benefits for those currently receiving them or those approaching retirement should not be changed.

Pass a constitutional amendment requiring a balanced budget. Forty-nine states have a balanced budget amendment, so why should the federal government be any less responsible?

Pass a presidential line item veto.

Support fiscally responsible legislation, no matter who gets credit. Instead of bickering and posturing to gain political points, it is time for our national leaders to focus on the job they were sent to Washington to do.

As a business owner, Marcus Richmond knows how to manage a budget and control spending. As a fiscal conservative, he will bring this same commitment to Washington.

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