Events

Saturday, August 1, 2009

Jesse Kelly's OpEd on PayGo

Today at 11:39am
 
Residents of Arizona's 8th District deserve more than Giffords so called "first step."

While I disagree with Representative Raul Grijalva on many issues I respect his honesty regarding the "pay-as-you-go" (PAYGO) proposal. The latest PAYGO scheme does not address the central issue of historic government overspending and is riddled with so many loopholes that it will have no serious effect on reducing the budget deficit.

I support responsible budgeting. The government should focus on funding essential programs while keeping spending in line with tax receipts. Representative Gabrielle Giffords voted for outrageous bailouts and the ineffective stimulus program. I would have voted no on these reckless expansions of government. Giffords is now using her support for PAYGO as a smoke screen to hide her true record of supporting rampant deficit spending. In fact Giffords has been touting PAYGO at least since October 2007, when she sent out a taxpayer funded mailer on the topic. But in a recent Arizona Daily Star story (Giffords, Grijalva differ on pay-as-you-go bill, July 23rd, 2009) Giffords called PAYGO "a first step." She has been trying to take that first step since 2007. Our nation does not have two more years for Rep. Giffords to learn how to walk the walk.

It is important for our economy and our future that the U.S. restore confidence in the dollar and the government's ability to pay its debts. For the first time in recent history the federal government's credit rating is at risk of being downgraded. That would drive up the government's cost of borrowing and increase inflation. Massive government borrowing also competes with and crowds out private borrowing. This increases the interest rate that businesses have to pay to expand and reduces economic growth.

I will work for responsible budgeting and vote against the dangerous over spending of the Obama Administration, and I won't take three years learning how to do it. I will start from day one after being sworn in, January 2011.

Jesse Kelly
Congressional Candidate
District 8 - AZ

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