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Tauscher Policy: Restoring our Economy For the U.S. to remain a leader in the world economy, I believe we must implement fiscally responsible, common sense policies that encourage economic competitiveness. At the same time, we must do much more to reduce the financial stress on working families, who are facing a crisis in the housing market, stagnant wages, and rising prices of basic consumer goods. As the Chair of the New Democrat Coalition, a caucus focused on U.S. economic leadership, I believe in implementing policies that encourage investment in innovative technologies that make our economy more productive, an education agenda that trains young Americans in math, science, and engineering so that they can compete for 21st Century jobs, and forward-thinking trade policies that open markets for U.S. businesses, farmers, and workers. And restoring our economy means putting our own fiscal house in order. Over the last eight years, under President Bush and a Republican Congress, the United States has run up record deficits and now has $9 trillion in debt ($9,000,000,000,000). We can begin to do this by going after tax loopholes that export American jobs and capital, cutting pork barrel spending, and enacting targeted tax cuts that help working and middle-income families, the backbone of the United States, prosper and succeed. |
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