Virgil Goode on Deficits and Debt

Last Updated : Aug 10, 2012

Campaign Website Statements

Jobs, the Debt and Deficit: Under the Obama Administration, unemployment has soared to around 8.5 percent. Our debt has increased by over 4 trillion dollars under the Obama Presidency, which has also given us trillion dollar deficits. The United States can not borrow its way to prosperity. It is incumbent on our next President to propose a balanced budget upon taking office and not ten years down the road. There will be pain, but the old saying that one will not get out of the hole by digging the hole deeper is accurate. Nearly every department and agency will face significant cuts and some will face elimination. Veterans benefits is an example that will not be cut. Examples of programs eliminated include the National Endowment for the Arts, No Child Left Behind, etc. Other programs and departments, such as Foreign Aid and Education, will be slashed and trimmed. Reducing regulations and becoming energy independent will also mean more jobs for America. The Canada to Texas pipeline needs to be built and operational expeditiously and not delayed or stopped as the current Administration is doing. Another way to reduce unemployment, reduce the deficit, and provide more jobs for U.S. citizens is to reduce legal immigration. In recent years about 1.2 million green cards have been issued annually and over 60% go to foreigners who come to the United States and take jobs from American citizens. I have proposed a moratorium (with a few minor exceptions) on issuing green cards until our unemployment rate is under 5 percent. America has one of the most liberal immigration policies in the world and it is time for the citizens of this country to be at the head of the line for jobs. We also need to totally end diversity visas (50,000 per year), reduce chain migration, and dramatically reduce asylees and refugees and their costs to the U.S. taxpayer. 

Voting Record

TARP - Debt Ceiling Increase to $11.315 trillion

In October of 2008, the House voted to pass the Emergency Economic Stabilization Act - TARP. Within the act, the debt limit was increased to $11.315 trillion. The legislation passed the House 263-171. Virgil Goode voted against increasing the debt limit to $11.315 trillion.

Virgil Goode voted against increasing the debt limit to $11.315 trillion.

Housing and Economic Recovery Act of 2008 - Debt Ceiling Increase to $10.615 trillion

In August of 2007, the House passed the Housing and Economic Recovery Act of 2008. Included in that legislation was an increase to the debt ceiling to $10.615 trillion. The legislation passed the House 241-172. Virgil Goode cast a "No Vote"

Congressional Budget - Raising the Debt Ceiling to $9.815 trillion

In May of 2007, the House voted to pass the budget for that year. Within the budget was a measure that increased the debt ceiling to $9.815 trillion. The budget passed 214-209. Virgil Goode voted against the budget which contained a debt ceiling increase to $9.815 trillion.

Virgil Goode voted against the budget which contained a debt ceiling increase to $9.815 trillion.

Budget - Debt Ceiling Increase to $8.965 trillion

In April of 2005, the House passed H Con Res 95 which was the budget. Within that legislation was language to increase the debt ceiling to $8.965 trillion. The legislation passed 214-211. Virgil Goode voted against the legislation that increased the debt ceiling to $8.965 trillion.

Virgil Goode voted against the legislation that increased the debt ceiling to $8.965 trillion.

Debt Ceiling Increase to $8.184 trillion

In November of 2004, the House passed legislation to increase the debt ceiling to $8.184 trillion. The legislation passed 208-204. Virgil Goode voted against increasing the debt ceiling to $8.184 trillion.

Virgil Goode voted against increasing the debt ceiling to $8.184 trillion.

Debt Ceiling Increase to $7.384 trillion

In April of 2003, the House passed a budget that contained an increase in the debt ceiling to $7.384 trillion. This measure passed the House 216-211. Virgil Goode voted in favor of the budget which included the debt ceiling increase.

Virgil Goode voted in favor of the budget which included the debt ceiling increase.

Debt Ceiling Increase to $6.4 trillion

In June of 2002, the House voted to pass legislation to enact an increase to the debt ceiling to $6.4 trillion. The measure passed 215-214. Virgil Goode voted against the debt ceiling increase to $6.4 trillion.

Virgil Goode voted against the debt ceiling increase to $6.4 trillion.

Balanced Budget Act - Debt Ceiling Increase to $5.95 trillion

In June of 1997, the House passed the Balanced Budget Act of 1997. This legislation included an increase in the debt ceiling to $5.95 trillion and a line item veto for the President which was later ruled unconstitutional by the Supreme Court. The measure initially passed the House in roll call 241, and it's final passage was in roll call 345 346-85. Virgil Goode voted against this legislation, which included an increase in the debt ceiling to $5.95 trillion.

Virgil Goode voted against this legislation, which included an increase in the debt ceiling to $5.95 trillion.

 

Sponsored and Cosponsored Legislation

Session-108; Bill Number-H J Res 22; Constitutional Amendment - Balanced Budget - Cosponsor

Prohibits outlays for a fiscal year from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a three-fifths roll call vote of each House, authorizes a specific excess of outlays over receipts. Requires a three-fifths roll call vote of each House to increase the public debt limit. Directs the President to submit a balanced budget to Congress annually. Prohibits any bill to increase revenue from becoming law unless approved by a majority of each House by roll call vote. Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.

Session-110; Bill Number-H J Res 1; Constitutional Amendment - Balanced Budget - Cosponsor

Proposing a balanced budget amendment to the Constitution of the United States.

User Comments