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Ken Buck on Budget & Economy

 

 


Balanced budget instead of $100T unfunded liability

In Colorado, Ken Buck became my 2010 opponent. Ken Buck's remarks at the Colorado GOP Assembly [on the 2008-2009 bailout] were typical: "We have $100 trillion in unfunded liability, we have an out of control national debt, we have an annual deficit that is ridiculous, and what do we do? We bail out automobile companies, we bai; out banks, we try to nationalize our national health care system, and now they're talking about cap-and-trade. Folks our country is financially bankrupt, and if we continue to push onto our children and grandchildren the debt, we are also morally bankrupt. I will fight in Washington, DC, for a balanced budget amendment, a constitutional balanced budget amendment."
Source: Land of Flickering Lights, by Michael Bennet, p.139 , Jun 25, 2019

We spent $787B on stimulus with nothing to show for it

Buck said he would never have voted for the $787 billion federal stimulus spending bill. "We were promised that unemployment wouldn't rise above 8%," Buck said, noting it is much higher. He also mentioned Bennet's comments last summer that Congress had increased the national debt to $13 trillion "with nothing to show for it."

Bennet said the stimulus bill hasn't been more effective because the U.S. recession was even worse than initially believed.

Source: Pueblo Chieftan coverage of 2010 Colorado Senate Debate , Oct 8, 2010

Demand a Balanced Budget amendment.

Buck signed the Contract From America

The Contract from America, clause 3. Demand a Balanced Budget:

Begin the Constitutional amendment process to require a balanced budget with a two-thirds majority needed for any tax hike.

Source: The Contract From America 10-CFA03 on Jul 8, 2010

Limit federal spending growth to per-capita inflation rate.

Buck signed the Contract From America

The Contract from America, clause 6. End Runaway Government Spending:

Impose a statutory cap limiting the annual growth in total federal spending to the sum of the inflation rate plus the percentage of population growth.

Source: The Contract From America 10-CFA06 on Jul 8, 2010

Opposes the stimulus bill.

Buck opposes the F2A survey question on the economic stimulus

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) '

Source: Faith2Action Survey 10-FF-q11 on Sep 19, 2010

Opposes stimulus spending, according to Faith2Action.

Buck opposes the F2A survey question on stimulus spending

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 F2A survey summarizes candidate stances on the following topic: 'Economy: Do you support federal spending as a means of promoting economic growth?'

Source: Faith2Action Survey 14-F2A-Q20 on Jul 30, 2014

Opposes stimulus spending, according to PVS rating.

Buck opposes the PVS survey question on stimulus spending

Project VoteSmart infers summary responses from campaign statements and news reports The PVS survey summarizes candidate stances on the following topic: 'Economy: Do you support federal spending as a means of promoting economic growth?'

Source: Project VoteSmart Inferred Survey 14-PVS-q20 on Sep 30, 2014

Voted NO on $900 billion COVID relief package.

Buck voted NAY 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

Other candidates on Budget & Economy: Ken Buck on other issues:
CO Gubernatorial:
Bob Beauprez
Cary Kennedy
Cynthia Coffman
Donna Lynne
Doug Robinson
Ed Perlmutter
George Brauchler
Greg Lopez
Heidi Ganahl
Jared Polis
John Hickenlooper
Matthew Hess
Michael Bennet
Mike Johnston
Steve Barlock
Tom Tancredo
Victor Mitchell
Walker Stapleton
CO Senatorial:
Alice Madden
Andrew Romanoff
Angela Williams
Cory Gardner
Dan Baer
Darryl Glenn
Ellen Burnes
John Hickenlooper
John Walsh
Jon Keyser
Michael Bennet
Mike Johnston
Peg Littleton
Ryan Frazier
Tim Neville

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Page last updated: Dec 26, 2021