Richard Lugar on Deficits and Debt

Last Updated : Apr 27, 2012

Summary

There are 13 votes that Senator Lugar has participated in that relate to deficits and spending. 11 of those votes relate to increasing the debt ceiling and Senator Lugar voted in favor of increasing that limit 8 times. Chronologically, Senator Lugar voted in favor of increasing the limit each time until 2009. Since that time, he has voted against the increase 3 times.

Of the 11 votes relating to a debt ceiling increase, Senator Lugar voted against the America Recovery and Reinvestment Act and against PAYGO rules that also implemented a debt ceiling raise. He voted in favor of the TARP legislation and the Housing and Economic recovery act, which also included debt ceiling raises.

To help reign in the debt, Senator Lugar supports the Cut, Cap, and Balance plan and voted in favor of that legislation. He also voted in favor of the Budget Control Act of 2011, which created the super-committee.

Since coming into office, Senator Lugar has co-sponsored a balanced budget amendment in each session of congress. Passing this amendment is one facet of Senator Lugar's plan which includes the following plan:

  • Make Strategic Cuts to Federal Programs
  • Pass Entitlement Reform
  • Repeal the Obama-Pelosi-Reid Health Care Bill
  • Pass a Balanced Budget Amendment
  • Institute Biennial Budgeting
  • Create Line-item Veto
  • Create Legislative Commission to Eliminate Government Waste
  • Sell Excess Federal Properties and Outdated Inventory
  • Cut the Federal Workforce

 

2012 Campaign Website Statements

 

Voting Record

Budget Control Act of 2011

In August of 2011, the Senate voted on the Budget Control Act of 2011. The legislation raised the debt ceiling in increments and created a committee to find cuts in the budget or other methods to lower the deficit. The measure passed 74-26. Richard Lugar voted in favor of the Budget Control Act.

Richard Lugar voted in favor of the Budget Control Act.

Cut, Cap, and Balance Act of 2011

In July of 2011, the Senate voted on legislation to cut spending on discretionary and other items, cap the amount the federal government can spend as a function of GDP, and require a balanced budget. The legisaltion also provided for an increase in the debt limit. The measure failed to pass the Senate and was tabled in a 51-46 vote along party lines. Richard Lugar voted against tabling the bill and thus supported the cut, cap, and balance plan.

Richard Lugar voted against tabling the bill and thus supported the cut, cap, and balance plan.

Increasing the Debt Ceiling to $14.294 Trillion

In January of 2010, the Senate voted on PAYGO legislation that also increased the limit on the national debt ceiling to $14.294 trillion. The legislation passed 60-39. Richard Lugar voted against the debt increase.

Richard Lugar voted against the debt increase.

Stimulus - Debt Ceiling Increase to $12.104 trillion

In February of 2009, the Senate passed the stimulus bill - officially named the American Recovery and Reinvestment Act. The act contained language to increase the debt ceiling to $12.104 trillion and passed 61-37. Richard Lugar voted against passing the legislation that increased the debt ceiling to $12.104 trillion.

Richard Lugar voted against passing the legislation that increased the debt ceiling to $12.104 trillion.

Increasing the Debt Ceiling to $12.394 trillion

In December of 2009, the Senate voted to increase the debt ceiling to $12.394 trillion. The measure passed 60-39. Richard Lugar voted against increasing the debt limit.

Richard Lugar voted against increasing the debt limit.

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

In April of 2008, the Senate 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 Senate 84-12. Richard Lugar voted in favor of the legislation to increase the debt ceiling.

Richard Lugar voted in favor of the legislation to increase the debt ceiling.

TARP - Debt Ceiling Increase to $11.315 trillion

In October of 2008, the Senate passed the Emergency Economic Stabilization Act - the TARP. The legislation included an increase in the debt ceiling to $11.3115 trillion. The legislation passed 74-25. Richard Lugar voted in favor of the legislation to increase the debt ceiling to $11.315 trillion.

Richard Lugar voted in favor of the legislation to increase the debt ceiling to $11.315 trillion.

Increasing the debt ceiling to $9.815 trillion

In September of 2007, the Senate voted to pass a measure that increased the debt ceiling to $9.815 trillion. The measure passed 53-42. Richard Lugar voted in favor of increasing the debt ceiling to $9.815 trillion.

Richard Lugar voted in favor of increasing the debt ceiling to $9.815 trillion.

Debt Ceiling Increase to $8.965 trillion

In March of 2006, the Senate passed H J Res 47 to increase the debt ceiling to $8.965 trillion. The measure passed 52-48. Richard Lugar voted in favor of increasing the debt ceiling to $8.965 trillion.

Richard Lugar voted in favor of increasing the debt ceiling to $8.965 trillion.

Debt Ceiling Increase to $8.184 trillion

In November of 2004, the Senate passed legislation to increase the debt ceiling to $8.184 trillion. The legislation passed 52-44. Richard Lugar voted in favor of increasing the debt ceiling to $8.184 trillion.

Richard Lugar voted in favor of increasing the debt ceiling to $8.184 trillion.

Debt Ceiling Increase to $7.384 trillion

In May of 2003, the Senate passed a budget that contained an increase in the debt ceiling to $7.384 trillion. This measure passed the House 53-44. Richard Lugar voted in favor of increasing the debt ceiling to $7.384 trillion.

Richard Lugar voted in favor of increasing the debt ceiling to $7.384 trillion.

Debt Ceiling Increase to $6.4 trillion

In June of 2002, the Senate voted to pass legislation to enact an increase to the debt ceiling to $6.4 trillion. The measure passed 68-29. Richard Lugar voted in favor of the debt ceiling increase to $6.4 trillion.

Richard Lugar voted in favor of the debt ceiling increase to $6.4 trillion.

Balanced Budget Act - Debt Ceiling Increase to $5.95 trillion

In June of 1997, the Senate 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 passed the Senate 85-15. Richard Lugar voted in favor of this legislation, which included an increase in the debt ceiling to $5.95 trillion.

Richard Lugar voted in favor of this legislation, which included an increase in the debt ceiling to $5.95 trillion.

 

Sponsored and Cosponsored Legislation

Session-112; Bill Number-S 1025; Reduce Unnecessary Spending Act of 2011 - Cosponsor

This Act is to create an optional fast-track procedure the President may use when submitting rescission requests, which would lead to an up-or-down vote by Congress on the President's package of rescissions, without amendment.

Session-110; Bill Number-S 2166; Jubilee Act for Responsible Lending and Expanded Debt Cancellation of 2008 - Cosponsor

A bill to provide for greater responsibility in lending and expanded cancellation of debts owed to the United States and the international financial institutions by low-income countries, and for other purposes.

Session-104; Bill Number-S J Res 1; Constitutional Amendment - Balanced Budget - Cosponsor

Requires a balanced Federal budget, unless a three-fifths roll call vote of both Houses of Congress provides for a specific excess of outlays over receipts. Prohibits an increase in the public debt limit except by a three-fifths roll call vote by both Houses of Congress. Requires the President to submit a balanced budget to the Congress. Prohibits any bill increasing revenue from becoming law unless approved by a majority roll call vote of both Houses.

Session-105; Bill Number-S J Res 1; Constitutional Amendment - Balanced Budget - Cosponsor

Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts (except those derived from borrowing) for that fiscal year unless the 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. Directs the President to submit a balanced budget to the Congress. Requires the approval of a majority of each House by roll call vote before any bill to increase revenue may become law. Authorizes the Congress to waive these provisions when: (1) a declaration of war is in effect; or (2) the United States is engaged in a military conflict which poses a threat to national security as declared by a joint resolution adopted by a majority of each House. Makes this article effective beginning with FY 2002 or with the second fiscal year beginning after its ratification, whichever is later.

Session-105; Bill Number-S 261; Biennial Budgeting and Appropriations Act - Cosponsor

Amends the Congressional Budget Act of 1974 (CBA) to revise the Federal and congressional budget processes by establishing a two-year budgeting and appropriations cycle and timetable. Defines the budget biennium as the two consecutive fiscal years beginning on October 1 of any odd-numbered year. Sets forth a special timetable for any first session that begins in any year immediately following a leap year and during which the term of a President begins (except one who starts a second successive term).

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