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Archive for Thursday, September 13, 1990

MORGAN OUTLINES PLAN TO CUT FEDERAL DEFICIT

September 13, 1990

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Scott Morgan, Republican candidate for U.S. Congress in the 2nd District, today released a five-year plan to eliminate federal deficit spending that includes a two-year "hard freeze" on new federal spending.

The freeze would include defense spending and cost of living adjustments for social security.

In Lawrence this morning as part of a four-city tour, Morgan said his plan to cut $667 billion from the federal budget over five years would be accepted by Americans because everybody would be pitching in.

"People have lost faith in their government because politicians refuse to be straight with them," Morgan said. "I made it very clear when I announced my intention to run for Congress that my overriding concern was the $3 trillion national debt.

"I simply cannot sit by and watch my young daughter's future crushed under a burden of debt because Congress refuses to grow up and simply do what needs to be done," Morgan said.

AFTER TWO years of a ban on new spending for everything but interest on the nation's debt, Morgan's plan calls for a three-year "soft freeze" that would allow no new federal spending without off-setting spending decreases in other programs.

The plan also called for passage of a constitutional amendment to balance the budget, a law giving the president line-item veto power and no new taxes until the third year of the five-year plan and then only if other changes are in place.

Morgan also criticized the incumbent, Rep. Jim Slattery, saying Slattery continually says he votes for big spending cuts but then supports even larger spending increases.

Reached in Washington, D.C., Slattery defended his record. He said he supported an across-the-board federal spending freeze in 1985, which was badly defeated in both the House and Senate.

SLATTERY ALSO said he does not favor a freeze on cost-of-living adjustments for social security. Otherwise, Slattery said he favors a "multi-pronged approach" to dealing with the deficit including elimination of the B-2 bomber and supercollider, a reduction in foreign aid, and some cutbacks in both NASA spending and farm program spending.

Slattery also said he favors an increase in tax rates for people making over $200,000 a year, pointing out that under the present tax structure, these people are paying at a lower rate than middle class people.

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