Republican Principles for Economic Recovery

Republican Principles for Economic Recovery

MARCH 17, 2009

PROTECTING JOBS AND LOWERING TAXES

Instead of raising taxes on all Americans in the midst of a recession, Republicans seek to create jobs, unlock private capital, and ensure that no family or small business experiences a tax hike.   

LIMITING THE FEDERAL BUDGET FROM GROWING FASTER THAN FAMILY BUDGETS

Instead of recklessly borrowing and spending money on wasteful programs under the guise of "stimulus," Republicans seek to ensure that the federal budget cannot grow faster than American families' ability to pay the bill.  

PROVIDING ACCESS TO HEALTH CARE AND SECURING ENTITLEMENTS

Instead of accelerating the demise of our nation's large entitlement programs and creating new unsustainable entitlements, Republicans seek to provide universal access to affordable health care and to address our entitlements' trillion dollar unfunded liabilities with common-sense reforms that ensure our children and grandchildren can receive promised benefits.

ENDING THE BAILOUTS AND REFORMING THE FINANCIAL SYSTEM

Instead of continuing to bail out Wall Street and nationalizing our financial system, Republicans want to protect American taxpayers and provide a transparent recovery process that does not favor those that have made unsound business decisions while ensuring that this financial crisis never occurs again.  

KEEPING ENERGY AND FUEL COSTS LOW

Instead of taxing all energy users with a new "cap and tax" scheme that will cost an average of up to $3,128 per household, Republicans want energy independence with increased exploration and the development of new and renewable energy sources.

PROTECTING PURCHASING POWER

Instead of returning to double digit levels of inflation and the failed economic policies of the 1970s, Republicans support long-term price stability after witnessing the booms and busts triggered by loose monetary policies over the last decade.