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David Perdue on Budget & Economy

 

 


Consumer Financial Protection Bureau a "rogue agency"

Q: Tighten or loosen regulation of banks and credit card companies?

Perdue: Loosen. Supports "rollback of federal banking regulations." Calls Consumer Financial Protection Bureau "rogue agency."

Ossoff: Tighten. Seeks more regulation of the banking system, reinstating Glass-Steagall Act.

Source: CampusElect on 2020 Georgia Senate race , Nov 3, 2020

Endorsed by Georgia Chamber of Commerce

Chamber of Commerce endorsement: "The Georgia Chamber endorses Sen. Perdue because he truly knows and cares about Georgia small businesses, our large employers, family farmers, foresters and manufacturers," Chamber President/CEO Chris Clark said.
Source: Albany Herald on 2020 Georgia Senate endorsements , Oct 24, 2020

Supported Opportunity Zones to incentivize investment

David knows that when economic opportunity is elusive to underserved communities, hope evaporates for them. Opportunity Zones incentivize investment in communities that are thirsting for economic mobility. David was an important voice in passing the Tax Cuts and Jobs Act, which created Opportunity Zones, and we're seeing them make a clear impact across South Carolina and Georgia with thousands of individuals gaining access to new paths out of poverty.
Source: August Chronicle on 2020 Georgia Senate race , Oct 23, 2020

For Paycheck Protection Program, pro-market solutions

COVID-19 has been an unprecedented crisis, and we took unprecedented steps to protect our most vulnerable. We shut our entire economy down, and it took a tremendous toll on our employment numbers. One of the great things about the CARES Act was that it established the Paycheck Protection Program, which put out millions of loans targeted to small businesses. It's been a lifeline. With pro-market solutions that engage people to get back to work, we can safely get our economy going again.
Source: AARP Voter Guide on 2020 Georgia Senate race , Oct 8, 2020

Free enterprise is the key to national prosperity

Question topic: Free enterprise and the right to private property turn mankind's natural self interest into the fairest and most productive economic system there is, and are the key to national prosperity.

Perdue: Strongly Agree

Question topic: Briefly list political or legislative issues of most concern to you.

Perdue: Reforming our broken tax code & reducing our regulatory burdens: We need to get our economy back on track and the only way to do it is less government regulations (repeal Dodd-Frank, stop Carbon tax, repeal ObamaCare) and lower taxes

Source: Faith2Action iVoterGuide on 2014 Georgia Senate race , Sep 30, 2014

Cut wasteful spending; eliminate failed government agencies

The crushing national debt is rapidly approaching $17 trillion. We must act now to rein it in before it becomes unmanageable. Of course we have to cut wasteful spending and unnecessary bureaucracy. We have to eliminate failed government programs and redundant agencies. However, the best way to begin getting the debt under control is by getting the economy back on track.
Source: 2014 Senate campaign website, perduesenate.com, "Issues" , Jul 25, 2013

Support balanced budget amendment and tax reform

Every Georgia family understands that you can't perpetually spend more than you take in without going bankrupt. The problem is that the professional politicians in Washington won't make a tough decision. I would absolutely vote for a balanced budget amendment. However, we need immediate tax and regulatory reforms along with appropriate spending cuts so that we have a right-sized, responsible budget sooner rather than later.
Source: 2014 Senate campaign website, perduesenate.com, "Issues" , Jul 25, 2013

Voted YES on $900 billion COVID relief package.

Perdue voted YEA Consolidated Appropriations Act (COVID Relief bill)

NPR summary of HR133:

Argument in opposition: Rep. Alex Mooney (R-WV-2) said after voting against H.R. 133: "Congress voted to spend another $2.3 trillion [$900 billion for COVID relief], which will grow our national debt to about $29 trillion. The federal government will again have to borrow money from nations like China. This massive debt is being passed on to our children and grandchildren. With multiple vaccines on the way thanks to President Trump and Operation Warp Speed, we do not need to pile on so much additional debt. Now is the time to safely reopen our schools and our economy. HR133 was another 5593-page bill put together behind closed doors and released moments prior to the vote."

Legislative outcome: Passed House 327-85-18, Roll #250, on Dec. 21. 2020; Passed Senate 92-6-2, Roll #289, on Dec. 21; signed by President Trump on Dec 27 [after asking for an increase from $600 to $2,000 per person, which was introduced as a separate vote].

Source: Congressional vote 20-HR133 on Jan 15, 2020

Pro-stimulus spending, according to PVS survey.

Perdue supports the PVS survey question on stimulus spending

Project Vote Smart inferred whether candidates agree or disagree with the statement, 'Economy: Do you support federal spending as a means of promoting economic growth?' PVS self-description: "The Political Courage Test provides voters with positions on key issues. Historically, candidates have failed to complete our test due to the advice they receive from their advisors and out of fear of negative attack ads."

Source: PVS Survey 20PVS-20A on Sep 9, 2020

Pro-COVID relief, according to PVS survey.

Perdue supports the PVS survey question on coronavirus relief spending

Project Vote Smart inferred whether candidates agree or disagree with the statement, 'Economy: Do you support providing financial relief to businesses AND/OR corporations negatively impacted by the state of national emergency for COVID-19?' PVS self-description: "The Political Courage Test provides voters with positions on key issues. Historically, candidates have failed to complete our test due to the advice they receive from their advisors and out of fear of negative attack ads."

Source: PVS Survey 20PVS-20B on Sep 9, 2020

Other candidates on Budget & Economy: David Perdue on other issues:
GA Gubernatorial:
Andrew Hunt
Brian Kemp
Casey Cagle
Hunter Hill
Jason Carter
Kandiss Taylor
Keisha Lance Bottoms
Nathan Deal
Shane Hazel
Stacey Abrams
Vernon Jones
GA Senatorial:
Allen Buckley
Derrick Grayson
Doug Collins
Ed Tarver
Jason Carter
Jim Barksdale
John Barrow
Johnny Isakson
Jon Ossoff
Kelly Loeffler
Matt Lieberman
Raphael Warnock
Shane Hazel
Ted Terry
Teresa Tomlinson
Tom Price
Valencia Stovall

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