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FactCheck.org analysis of 2008 primary debates

The Trust Committed To Me, by Mark Sanford

Gold, Peace, and Prosperity, by Ron Paul

2008 VA Senate Debate between Jim Gilmore and Mark Warner, July 19th, 2008

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Turnaround: Crisis, Leadership, and the Olympic Games

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The Unique Voice of Hillary Clinton

The Revolution: A Manifesto, by Ron Paul, published April 2008

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Leadership, autobiography by Rudolph Giuliani

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Ending Poverty in America, by John Edwards

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Joe Biden on Budget & Economy

Democratic Sr Senator (DE); Vice President-Elect

Click here for 11 full quotes by Joe Biden OR click here for Joe Biden on other issues.

Obama�s economic plan focuses on middle class. (Oct 2008)
Deregulationgot us into the housing crisis. (Oct 2008)
Balancing budget is about priorities; GOP made wrong choices. (Dec 2007)
Save Pentagon spending by getting the troops out of Iraq. (Dec 2007)
More transparency for hedge funds and private equity funds. (Aug 2007)
Invest in new programs by ending war & eliminating tax cuts. (Apr 2007)
Financial Bailout
FactCheck: McCain didn�t �lurch� from �strong� to �crisis�. (Oct 2008)
Voted NO on $40B in reduced federal overall spending. (Dec 2005)
Voted NO on prioritizing national debt reduction below tax cuts. (Apr 2000)
Voted YES on 1998 GOP budget. (May 1997)
Voted YES on Balanced-budget constitutional amendment. (Mar 1997)

Hillary Clinton on Budget & Economy

Democratic Jr Senator (NY); Secretary of State-Designee

Click here for 28 full quotes by Hillary Clinton OR click here for Hillary Clinton on other issues.

Government action to tackle recession, not tax cuts. (Feb 2008)
The economy is not working for middle class families. (Jan 2008)
We need immediate relief for home heating & housing crisis. (Jan 2008)
Voted to limit credit card interest to 30%. (Jan 2008)
FactCheck: Consistently against making bankruptcy stricter. (Jan 2008)
2005 bankruptcy bill was by big credit cards & lenders. (Jan 2008)
No evidence as to how Obama would pay for new programs. (Jan 2008)
Foreclosure moratorium mitigates agony; doesn�t prolong it. (Jan 2008)
90-day moratorium on foreclosures; freeze interest rates. (Jan 2008)
Call for a moratorium on housing foreclosures for 90 days. (Jan 2008)
Freeze mortgage interest rates for five years. (Jan 2008)
Look back to 1990s to see how I�d be fiscally responsible. (Dec 2007)
Help people facing foreclosure; don�t just bail-out banks. (Aug 2007)
Balanced budget replaced with rising costs & falling wages. (Jun 2007)
Last six years were challenging; let�s try a new direction. (Oct 2006)
Co-sponsored bills totaling $502B in spending thru 2005. (Oct 2006)
Use tax dollars to upgrade infrastructure, not for stadium. (Oct 2000)
Pay down debt & cut taxes within balanced budget. (Sep 2000)
Stimulate upstate economy by more local decision-making. (Sep 2000)
Supports Niagara casino, but prefers job creation strategy. (Sep 2000)
Protect next generation by paying off national debt. (Aug 2000)
We have outlived the usefulness of Bretton Woods. (Jun 1999)
The economy creates consumers but cannot create citizens. (Jun 1999)
Invest in people instead of �smokestack chasing�. (Feb 1997)
Voted NO on paying down federal debt by rating programs' effectiveness. (Mar 2007)
Voted NO on $40B in reduced federal overall spending. (Dec 2005)
Require full disclosure about subprime mortgages. (Dec 2007)
Reform mortgage rules to prevent foreclosure & bankruptcy. (Feb 2008)

Tom Daschle on Budget & Economy

Former Democratic Senator (SD); Secretary of H.H.S.-Designee

Click here for 3 full quotes by Tom Daschle OR click here for Tom Daschle on other issues.

Voted NO on prioritizing national debt reduction below tax cuts. (Apr 2000)
Voted YES on 1998 GOP budget. (May 1997)
Voted NO on Balanced-budget constitutional amendment. (Mar 1997)

Rahm Emanuel on Budget & Economy

Democratic Rep. (IL-5); Chief of Staff-Designee

Click here for 5 full quotes by Rahm Emanuel OR click here for Rahm Emanuel on other issues.

Voted YES on defining "energy emergency" on federal gas prices. (Jun 2008)
Voted YES on revitalizing severely distressed public housing. (Jan 2008)
Voted YES on regulating the subprime mortgage industry. (Nov 2007)
Voted NO on restricting bankruptcy rules. (Jan 2004)
Reform mortgage rules to prevent foreclosure & bankruptcy. (Feb 2008)

Robert Gates on Budget & Economy

Secretary of Defense-Designee

Click here for 2 full quotes by Robert Gates OR click here for Robert Gates on other issues.

Iraq war costs should not circumvent normal budget process. (Dec 2006)
Iraq war will cost US up to $2 trillion. (Dec 2006)

Timothy Geithner on Budget & Economy

Secretary of Treasury-Designee

Click here for Timothy Geithner on other issues.

No stance on record.

Eric Holder on Budget & Economy

Attorney General-Designee

Click here for Eric Holder on other issues.

No stance on record.

John McCain on Budget & Economy

Republican nominee for President; Senior Senator (AZ)

Click here for 49 full quotes by John McCain OR click here for John McCain on other issues.

We�ve laid a $10 trillion debt on our young people. (Oct 2008)
Energy independence & tax cuts for all. (Oct 2008)
Stabilize mortgage industry so people stay in their homes. (Oct 2008)
Cut down on earmarks & establish priorities. (Oct 2008)
I have fought against excessive spending my entire career. (Sep 2008)
Can�t pass trillions of dollars of debt to our children. (Jul 2008)
GovWatch: Specified cuts are $10B, not $100B. (May 2008)
Things are tough now, but we�re better off than in 2000. (Jan 2008)
May have to go further to fix the subprime lending situation. (Jan 2008)
Recession is partly psychological and not inevitable. (Jan 2008)
I�m well-versed in economics; I was at the Reagan Revolution. (Jan 2008)
FactCheck: Said--then denied--he needed economics education. (Jan 2008)
Will be able to reduce war costs & have a stable Middle East. (Jan 2008)
Reform insurance to cover violent weather patterns. (Jan 2008)
To avoid recession, stop out-of-control spending. (Jan 2008)
Loss of economic strength leads to losing military strength. (Dec 2007)
Republicans have forgotten how to control spending. (Nov 2007)
AdWatch: Outrageous to spend $233M for bridge to nowhere. (Nov 2007)
FactCheck:Bridge-to-Nowhere never built; would serve 200,000. (Nov 2007)
FactCheck: Criticized �Woodstock museum,� but skipped vote. (Nov 2007)
Congress spends money like a drunken sailor. (May 2007)
FactCheck: Obama�s new programs cost $286B; McCain�s $211B. (Oct 2008)
Use veto power to reduce government spending. (Jan 2000)
Distribute surplus: 23% tax cuts; 62% Social Security. (Jan 2000)
$9B of pork in current budget bills; cut subsidies. (Oct 1999)
For Balanced Budget Amend., & off-budget Social Security. (Jul 1999)
List of budgetary spending priorities. (Jul 1998)
Supports Balanced Budget Amendment. (Jul 1998)
Apply surplus to Social Security, Medicare, tax cuts & debt. (Jul 1998)
Financial Bailout
Americans are innocent victims of Wall Street greed. (Oct 2008)
$300B to buy up home mortgages; put a floor under it. (Oct 2008)
FactCheck: $300B mortgage plan shifts burden to taxpayers. (Oct 2008)
FactCheck: Yes, �fundamentals are strong� but �threatened�. (Oct 2008)
Buy up bad mortgages so people can stay in homes. (Oct 2008)
I suspended my campaign to help resolve financial crisis. (Oct 2008)
FactCheck: Rescue package already has mortgage renegotiation. (Oct 2008)
Have no doubt about the magnitude of financial crisis. (Sep 2008)
Recoup financial bailout cost by cutting spending. (Sep 2008)
Freeze on everything but Defense, Veterans & entitlements. (Sep 2008)
These are tough times; we need changes; so keep taxes low. (Aug 2008)
Bailing out Bear Stearns necessary to protect economy. (Apr 2008)
Key is to not to bail out homeowners who speculated. (Apr 2008)
Impose some fiscal discipline to revive the economy. (Jan 2008)
Voting Record
Veto all pork-barrel bills and announce pork spenders. (May 2007)
Voted YES on $40B in reduced federal overall spending. (Dec 2005)
Voted NO on prioritizing national debt reduction below tax cuts. (Apr 2000)
Voted YES on 1998 GOP budget. (May 1997)
Voted YES on Balanced-budget constitutional amendment. (Mar 1997)
Maintain & enforce existing spending caps in the future. (Sep 1998)

Janet Napolitano on Budget & Economy

Democratic AZ Governor; Designee for Secretary of Homeland Security

Click here for the full quote by Janet Napolitano OR click here for Janet Napolitano on other issues.

Provides funding for the priorities without raising taxes. (Jan 2004)

Barack Obama on Budget & Economy

Junior Senator (IL); President-Elect

Click here for 45 full quotes by Barack Obama OR click here for Barack Obama on other issues.

Make government fiscally responsible & live within budget. (Oct 2008)
When Bush came in, we had a surplus; now we have a deficit. (Oct 2008)
Middle class needs a rescue package with tax cuts. (Oct 2008)
Bailout will unfreeze credit & allow businesses to function. (Oct 2008)
Every citizen should save energy & resources. (Oct 2008)
FactCheck: National debt up from $6T to $10T under Bush. (Oct 2008)
Clinton left behind a surplus; Bush squandered it. (Jun 2008)
A different economic approach vs. McCain�s 4 more years. (May 2008)
Can�t do anything at home with $12 billion a month on Iraq. (Feb 2008)
Protect consumers with Credit Card Bill of Rights. (Feb 2008)
Bush stimulus plan leaves out seniors & unemployed. (Jan 2008)
Account for every single dollar for new proposed programs. (Jan 2008)
Bankruptcy bill pushed by banks & financial institutions. (Jan 2008)
Lack of an energy policy is a financial burden. (Jan 2008)
Release people in bankruptcy due to health care problems. (Jan 2008)
Bush & GOP dug budget hole; need years to dig out. (Dec 2007)
Save $150 billion in tax cuts for people who don�t need them. (Dec 2007)
Take China �to the mat� about currency manipulation. (Dec 2007)
Rejects free market vision of government. (Oct 2007)
Return to PayGo: compensate for all new spending. (Oct 2006)
Bush�s economic policies are not working. (May 2004)
Supports federal programs to protect rural economy. (May 2004)
Financial Bailout
Fundamentals were weak BEFORE crisis; focus on middle class. (Oct 2008)
Not enough to help those at the top: it doesn�t trickle down. (Oct 2008)
I sought re-regulation; McCain boasts he�s a deregulator. (Oct 2008)
We�re in the worst financial crisis since Great Depression. (Sep 2008)
The lax regulation that Bush favored got us in this disaster. (Sep 2008)
Pay attention to Main Street, not just Wall Street. (Sep 2008)
Decide financial rescue plan on future slower tax revenues. (Sep 2008)
Spending freeze is like a hatchet where you need a scalpel. (Sep 2008)
Latinos & blacks are hardest hit by housing & gas crises. (Jun 2008)
More accountability in subprime mortgages. (Feb 2008)
Help the homeowners actually living in their homes. (Jan 2008)
Capping credit card interest rates at 30% is not enough. (Jan 2008)
Accountability and oversight over the financial markets. (Jan 2008)
Modify some of the fraudulent & predatory lending practices. (Jan 2008)
Regulate financial instruments to protect home mortgages. (Aug 2007)
Government regulation needed for when markets fail. (Aug 2007)
Voting Record
Voted against limiting credit to 30%, because 30% too high. (Jan 2008)
I opposed both the 2001 and 2005 bankruptcy bills. (Jan 2008)
Voted NO on paying down federal debt by rating programs' effectiveness. (Mar 2007)
Voted NO on $40B in reduced federal overall spending. (Dec 2005)
Get minorities into home ownership & global marketplace. (Jan 2001)
Require full disclosure about subprime mortgages. (Dec 2007)
Reform mortgage rules to prevent foreclosure & bankruptcy. (Feb 2008)

Sarah Palin on Budget & Economy

Republican Governor (AK); ; nominee for Vice President

Click here for 13 full quotes by Sarah Palin OR click here for Sarah Palin on other issues.

We suspended campaign to work on economic reform. (Oct 2008)
Predatory lenders got us into the housing crisis. (Oct 2008)
We should not reward poor financial decisions. (Sep 2008)
McCain�s experience makes him best judge in economic crisis. (Sep 2008)
Program of $1,200 to every Alaskan: spent on consumer goods. (Sep 2008)
Workforce fundamentals are strong; economy needs oversight. (Sep 2008)
Taxpayers cannot be looked to as Wall Street bailout. (Sep 2008)
Control spending by request if possible; by veto if needed. (Sep 2008)
$7 billion savings plan for education & transportation. (Dec 2007)
Reduced general fund spending by $124 million. (Mar 2007)
Aim to reduce general fund spending by $150 million. (Jan 2007)
Firm believer in free market capitalism. (Nov 2006)
Coordinate state tourism marketing but no additional funding. (Oct 2006)

Bill Richardson on Budget & Economy

Democratic Governor (NM); Secretary of Commerce-Designee

Click here for 8 full quotes by Bill Richardson OR click here for Bill Richardson on other issues.

Balanced 5 state budgets; priority to balance federal budget. (Dec 2007)
Supports restricted Constitutional balanced budget amendment. (Dec 2007)
Save $150 billion in tax cuts for people who don�t need them. (Dec 2007)
Balanced Budget Amendment to address $9 trillion debt. (Dec 2007)
Constitutionally require balanced budget & fiscal discipline. (Sep 2007)
Mortgage industry needs more liquidity & more transparency. (Aug 2007)
Grow the trade link to Mexico and attract Hollywood business. (Jan 2004)
Supports Balanced Budget Amendment. (Nov 1996)

Eric Shinseki on Budget & Economy

Secretary of Veterans Affairs-Designee

Click here for Eric Shinseki on other issues.

No stance on record.

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