Committee for a Responsible Federal Budget

Questions for the Candidates

Dec 9, 2011 | Taxes

This Saturday in Des Moines, Iowa, the Republican presidential candidates will debate for one of the last times before the Iowa caucuses on January 3. The Committee for a Responsible Federal Budget has several questions we would like to see the candidates answer.

  1. Do you support a one-year extension of the two-percent payroll tax cut, and if so, how would you pay for it?
  2. Do you think that Congress should hold an up-or-down vote on the Simpson-Bowles plan to reduce the Federal debt?
  3. Do you support maintaining the “trigger” mechanism that will require $1.2 trillion in spending cuts over ten years due to the failure of the Super Committee to adopt a deficit reduction plan? How would you deal with it as president?
  4. If Congress sent you a tax-reform bill that lowered every American's income tax rate; with a top rate of 25 percent; that eliminated all tax deductions; and that kept these Federal tax revenues steady and did not hurt the deficit; would you sign or veto such a bill? Why or why not?