Reduce the Size of Government

THE WRONG DIRECTION:

  •  David Price voted FOR the House Health Care Bill.

“CBO and JCT have determined that the bill contains several private-sector and intergovernmental mandates as defined in the Unfunded Mandates Reform Act (UMRA). The total cost to the private sector of those mandates, as estimated by CBO and JCT, would greatly exceed the threshold established in that act for private entities ($139 million in 2009, adjusted annually for inflation).” – CBO Report on House Health Care legislation, 11/5/2009

  • David Price voted FOR Cash-for-Clunkers.
  • David Price voted FOR the Auto Industry Bailout.
  • David Price voted FOR the TARP giveaway to our too-big-to-fail banks.

There is not a single aspect of American economic life that special interests and career politicians do not want to control. Congressman Price voted with Nancy Pelosi to pass a health care bill that amounted to a mandated tax on millions of young Americans – including college students – as well as millions of small businesses who currently cannot afford to provide health care. Instead of giving our damaged health care system back to patients and providers, they sacrificed the doctor/patient relationship on a funeral pyre of lobbyist cash from insurance companies and special interests.

The cash-for-clunkers program destroyed almost 700,000 cars and disrupted the used car market, raising transportation prices for those who can least afford it. It’s a good thing we’re not bailing out glass companies, or the Obama administration would have thrown bricks through your windows. Adding insult to injury, the Chrysler and General Motors bailouts violated the rights of secured creditors through a politically-motivated giveaway to powerful unions.

The TARP bailouts and trillions of dollars funneled to international banks have resulted in record profits for Wall Street while unemployment and scarce credit continue to haunt Main Street. Even though Wall Street is planning to pay $140 billion in 2009 bonuses – an astonishing 1% of our GDP -- based upon these reported profits, the simple fact is that these record bonuses are based upon record fraud. The reported profits only exist since Congress no longer requires banks to place a market value on their assets through mark-to-market accounting. Unlike regular businesses in the real economy, Wall Street is no longer required to tell the truth on their financial statements.

TOWARDS AN OPTIMISTIC FUTURE:

As your Congressman, I will push for solutions to these economic issues that empower local economies, not the federal government. I will pursue solutions that embrace transparency and free markets, while rejecting bailouts that favor the politically connected and too big to fail.

As a physician, I am deeply concerned about health care and our losing the doctor/patient relationship. As your Congressman, I will push for healthcare reform that returns medicine to individual patients and providers, and stops insurance companies and government bureaucrats from centrally planning our health care economy.