Issue Position: Economy

Issue Position

It is now clear that systemic flaws in our economy combined with unscrupulous greed on Wall Street very nearly toppled our entire economy. Even now after the initial storm, millions of Americans struggle to support their families. Years of Republican mismanagement and deregulation have eroded our economic strength and imperiled our national security. When President Clinton left office, America was on track to post record surpluses and had begun paying down the national debt. The Bush administration, and its Republican enablers in Congress, destroyed that opportunity. Instead, they spent billions waging a misguided war in Iraq, allowed Wall Street to gamble with the money of hard-working Americans, continued to send billions to the Middle East for oil instead of investing in American renewable energy, and allowed millions of jobs to move overseas. The Democratic majority in the last Congress, working with the Obama Administration, were able to stabilize the global economy and begin righting our progress, the new Republican Majority in House now threatens all we accomplished. I remained committed to fighting for working families and their security.

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