Jon Tester on Budget & Economy Democratic Jr Senator

$787B in stimulus spending was step in the right direction

Tester said the spending was a step in the right direction as it built infrastructure and created jobs, which would be his No. 1 priority if re-elected. The senator pointed to the ongoing construction of the Kalispell bypass and the rehabilitation of the Going-to-the-Sun Road as projects enabled by the stimulus package. "We're still not where we need to be. But it was a step in the right direction to help us move forward," he said. "We couldn't sit back and do nothing."

Rehberg called his opponent fiscally irresponsible, and drew again and again on Tester's record of aligning with the administration of President Barack Obama. "I didn't vote for it then and I wouldn't vote for it now," Rehberg said of the stimulus bill. "It didn't create jobs."

Montana suffered from Burns' cuts in discretionary funding

JONES: That's easy for me. Eliminate unconstitutional departments and agencies.

BURNS: There's only one way to control the deficit--grow the economy and control spending. We have brought down spending on the discretionary spending - the part we have some control over. The non-discretionary part is troubling. We're continuing with the tax cuts which have energized the economy--that's the way you take care of the deficit. We didn't ask for 9/11, or Katrina, or the war on terror. We always grew through it. You grow the economy and control spending and that's the way you take care of the deficit.

TESTER: When it comes to funding for Montana, we took the third biggest cut in FY05, in that discretionary funding. Out of 13 subcommittee chairs, Sen. Burns is ranked 10th in getting dollars to this state for critical projects. It's time that we spend the money wiser, that we prioritize better, and start looking out for middle class folks.

Borrow-and-spend policy puts burden on our children

BURNS: His record is very clear on that, and my record is very clear also. I don't vote for tax increases.

TESTER: Sen. Burns talks about how he doesn't raise taxes. He's spending more money than the economy is growing--that's putting a tax burden on our children. If you think that's a way to do business, it certainly wouldn't have worked on our farm. You are a borrow-and-spender, that's unequivocal.

BURNS: You said to some students, "I want to lower your tuition." Since you've been in the senate, tuition has gone of 48%. I have no control over that--you do, with the board of regents. You've got your hand on the throttle.

TESTER: You want to talk about a throttle--your hand on the throttle has doubled the national debt in 5 years. On our kids! If my folks had done that on our farm, they'd have lost the farm. You're running this country into bankruptcy. China's buying our debt, because he can't balance our checkbook.

CC:No Balanced Budget Constitutional Amendment.

The Christian Coalition Voter Guide inferred whether candidates agree or disagree with the statement, 'Passage of a Balanced Budget Amendment to the U.S. Constitution' Christian Coalition's self-description: "Christian Voter Guide is a clearing-house for traditional, pro-family voter guides. We do not create voter guides, nor do we interview or endorse candidates."

Ban abusive credit practices & enhance consumer disclosure.

Credit Card Accountability Responsibility and Disclosure Act of 2009 or the Credit CARD Act of 2009:
• Tile I: Amends the Truth in Lending Act to require advance notice of any increase in the annual percentage rate of interest (APR) pertaining to a credit card account under an open end consumer credit plan.
• Imposes a freeze on interest rate terms and fees on canceled cards.
• Sets limits on fees and interest charges, including a prohibition against penalties for on-time payments.
• Allows imposition of an over-the-limit fee only once during a billing cycle. Prohibits its imposition in a subsequent billing cycle.
• Requires fees for cardholder agreement violations and currency exchanges to be reasonable.
• Prohibits a creditor from furnishing information to a consumer reporting agency concerning a newly opened credit card account until the credit card has been used or activated by the consumer.
• Title II: Enhanced Consumer Disclosures: Requires the creditor to provide a toll-free telephone number at which the consumer may receive information about accessing credit counseling and debt management services.
• Revises requirements relating to late payment deadlines and penalties.
• Requires a periodic statement of account to disclose: (1) the date by which a payment must be postmarked, if paid by mail, in order to avoid the imposition of a late payment fee; and (2) any possible resulting increase in interest rates for late payments.
• Title III: Protection of Young Consumers: Prohibits issuance of a credit card on behalf of a consumer under age 21, unless the consumer has submitted a written application meeting specified requirements.

Voted YES on $900 billion COVID relief package.

NPR summary of HR133:

• $600 checks for every adult and child earning up to $75,000, and smaller checks if earning up to $99,000.
• Unemployment: extend enhanced benefits for jobless workers, $300 per week through March.
• Rental assistance: $25 billion to help pay rent; extends eviction moratorium until Jan. 31.
• SNAP assistance: $13 billion for the Supplemental Nutrition Assistance Program.
• PPP loans: $284 billion for Paycheck Protection Program loans, expanding eligibility to include nonprofits, news/TV/radio media, broadband access, and movie theaters & cultural institutions
• Child care centers: $10 billion to help providers safely reopen.
• $68 billion to distribute COVID-19 vaccines and tests at no cost.
• $45 billion in transportation-related assistance, including airlines and Amtrak.
• $82 billion in funding for schools and universities to assist with reopening
• $13 billion for the Coronavirus Food Assistance Program for growers and livestock producers.

Argument in opposition: Rep. Alex Mooney (R-WV-2) said after voting against H.R. 133: `Congress voted to spend another $2.3 trillion [$900 billion for COVID relief], which will grow our national debt to about $29 trillion. The federal government will again have to borrow money from nations like China. This massive debt is being passed on to our children and grandchildren. With multiple vaccines on the way thanks to President Trump and Operation Warp Speed, we do not need to pile on so much additional debt. Now is the time to safely reopen our schools and our economy. HR133 was another 5593-page bill put together behind closed doors and released moments prior to the vote.`

Legislative outcome: Passed House 327-85-18, Roll #250, on Dec. 21. 2020; Passed Senate 92-6-2, Roll #289, on Dec. 21; signed by President Trump on Dec 27 [after asking for an increase from $600 to $2,000 per person, which was introduced as a separate vote].

$1.9 trillion ARPA bill for COVID relief.

This bill provides additional relief to address the continued impact of COVID-19 on the economy, public health, state and local governments, individuals, and businesses:

• Supplemental Nutrition Assistance Program (SNAP, formerly known as the food stamp program);
• schools and institutions of higher education;
• child care and programs for older Americans and their families;
• COVID-19 vaccinations, testing, treatment, and prevention;
• emergency rental assistance, homeowner assistance, and other housing programs;
• payments to state and local governments for economic relief;
• small business assistance, including restaurants;
• and state capital projects that enable work, education, and health monitoring in response to COVID-19

Rep. Kevin McCarthy in OPPOSITION (3/11/21): The so-called American Rescue Plan imposed a $1.9 trillion new burden on American families. Despite being branded as `COVID relief,` only 9% of funds in this bill actually goes to defeating the virus, and almost half of the money, including more than 95% of the education funds, will not be spent until 2022 or later. After a year of struggle and sacrifice, students and parents get no answer to the vital question of when they can expect schools to reopen full time. President Biden wants Americans to believe `help is on the way.` But under this bill, it isn`t; waste is.

Biden Administration in SUPPORT (2/26/21): ARPA provides the tools and support critical to tackle the urgent public health and economic crises the Nation faces as a result of COVID-19. The bill also provides eligible Americans with a $1,400 payment in addition to the $600 payment provided in December of 2020. The bill also extends key emergency unemployment benefits, and raises the minimum wage to $15 per hour.

Legislative Outcome: Passed House 219-212-1 on 2/27/21; passed Senate 50-49-1 on 3/6/21; signed by President on 3/11/21.

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