Member of the Clark 2004 Coalition
 
Issue Briefs - Deficit
 
Excerpt from Dallas Morning News,
Clark says he's 'proud to be a Democrat,
September 25, 2003.

Clark, who has only just begun sketching out a domestic agenda, said he was determined to attack the ballooning federal deficit. He said he was prepared to "put all government programs on the table, including the military programs."

Excerpt from BusinessWeek
Howard Gleckman & Paul Magnusson, Wesley Clark: Marching Down the Middle,
October 13, 2003.

ATTACK THE DEFICIT: Clark would use some revenues generated by his upper-bracket tax hike to fund a still-evolving health-care plan and other initiatives. The rest -- maybe $500 billion -- would go for deficit reduction. But even that would trim cumulative deficits by just 10% over the next decade, according to private estimates.
Excerpt from Speech,
Job Creation Plan,
September 24, 2003.
Again, this $100 billion, two-year Job Creation Plan will not increase the deficit. It simply moves $100 billion from tax cuts for households making more than $200,000 a year and directs it to job creating funds that will help middle-income and working class families.
Excerpt from Boston Globe,
Short-term deficit is ok in recession, but not long-term,
September 20, 2003.

Clark said there was nothing wrong with short-term deficit spending during a recession, but criticized the first Bush tax cut for creating a long-term deficit.

Excerpt from Clark04.com,
100 Year Vision,
September 18, 2003.

We need to return to the aims of the 1990's when we sought to balance our federal budget and reduce the long term public debt.

Excerpt from CNN,
Crossfire,
August 1, 2003.

Clark said there was nothing wrong with short-term deficit spending during a recession, but criticized the first Bush tax cut for creating a long-term deficit.

Excerpt from Speech,
New Democratic Network,
June 17, 2003.

We need to put the right kind of demand stimulus back into the economy. A stimulus that's efficient in terms of how much it costs us, in terms of the deficit. A stimulus that's fair in terms of rewarding the people who need it the most, not the wealthy. And a stimulus that's long term, fiscally responsible in terms of not creating huge deficits that our children have to deal with or that we have to deal with ten years out.

Excerpt from NBC,
Meet the Press,
June 15, 2003.

I think that the tax cuts were unfair. And, finally, I mean, you look at the long-run health of the country and the size of the deficit that weve incurred and a substantial part of that deficit is result of the tax cuts.

You have to ask: Is this wise, long-run policy? I think the answer is no.

 
   
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