Positions and Views of Mark Pryor
on Federal Budget & Fiscal Policy
| Currently Elected U.S. Senate, Arkansas |
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| Federal Budget & Fiscal Policy |
Positions and Views |
| Fiscal Policy, a General Statement |
As Senator, I will work to lower taxes for working families and fight for the needs of everyday Arkansans, because the state's economy revolves around these individuals. I support updating and modernizing our tax laws to shield small business owners and family farmers from the estate tax. I am working toward a bipartisan solution to increase the estate tax exemption to $5 million ($10 million for married couples) and reduce the tax to a 35 percent marginal rate. For estates worth more than $30 million, the benefit of this exemption would be phased out. I do not believe full repeal of the estate tax is a fiscally responsible option at this time. However, my approach eases the estate tax burden for all families and most likely erases it entirely for virtually every small business owner and family farmer in Arkansas.
I am also dedicated to balancing the budget and paying off the national debt, which will keep interest rates low and benefit the economy.
As we look for ways to jump start our economy, creating new jobs is of the utmost importance. I support helping small businesses provide these new jobs through targeted tax cuts. I also support tax credits for businesses that help their employees obtain health coverage.
Source: pryor.senate.gov/issues/economic.cfm (04/21/2008) |
| Federal Budget & Debt |
I am dedicated to balancing the budget and paying off the national debt, which will keep interest rates low and benefit the economy. As a member of the Senate Appropriations Committee, I know this commitment includes making tough, unpopular decisions to get our fiscal house back in order.
Source: pryor.senate.gov/public/index.cfm (01/04/2011) |
| Deficit Spending |
I am dedicated to balancing the budget and paying off the national debt, which will keep interest rates low and benefit the economy. As a member of the Senate Appropriations Committee, I know this commitment includes making tough, unpopular decisions to get our fiscal house back in order.
Source: pryor.senate.gov/public/index.cfm (01/04/2011) |
| Balanced Budget & Constitutional Amendment |
I am dedicated to balancing the budget and paying off the national debt, which will keep interest rates low and benefit the economy.
Source: Candidate Website (10/04/2008) |
| Spending Limits |
I am dedicated to balancing the budget and paying off the national debt, which will keep interest rates low and benefit the economy. As a member of the Senate Appropriations Committee, I know this commitment includes making tough, unpopular decisions to get our fiscal house back in order.
Source: pryor.senate.gov/public/index.cfm (01/04/2011) |
| Pay-As-You-Go (PAYGO) Rule for Tax Cuts or New Spending |
I've often said the easiest thing for a politician to do is say he wants to cut taxes and increase spending. PAYGO makes the debate more honest and illustrates that we can't have our cake and eat it too.
Source: Candidate Website (10/04/2008) |
| These are available issue topics for which there were no responses. |
| Reducing the Deficit |
| Entitlements |
| Debt Limit |
| Gold Standard |
| Earmarks |
| Government Efficiency |
| Presidential Line-item Veto Power |