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Judy on Deficit/National DebtJudy explains her mantra, "we don't tax too little; we spend too much".Thanks to the boost the tax cuts gave to the economy, revenues grew by 14.5% in 2005 and 12% in 2006, cutting the deficit in half, to $260 billion. We don’t tax too little; we spend too much.
I voted to reign in mandatory spending on entitlement programs, which has grown six times faster than discretionary spending. I supported the Act that slowed its growth by one-tenth of one percent through reforms like cutting the windfall profits made by student loan companies, closing loopholes in Medicaid eligibility to serve those with the greatest need, and increasing premiums paid by companies to the Pension Benefit Guarantee Corporation.
I voted against the farm bill, which costs $200 billion and returns our farmers to subsidies and government management of agriculture.
My Medicare bill can crack down on the waste, fraud and abuse that is costing taxpayers $20 billion a year. It strengthens the enrollment process, expands certain standards of participation, and reduces erroneous payments.
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