Lincoln Chafee presidential campaign, 2016/Budgets

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Former presidential candidate
Lincoln Chafee
Political offices:
Governor of Rhode Island
(2011-2015)
U.S. Senate
(1999-2007)
Chafee on the issues:
Taxes • Government regulations • International trade • Budgets • Agricultural subsidies • Federal assistance programs • Labor and employment • Foreign affairs • Federalism • Natural resources • Healthcare • Immigration • Education • Abortion • Gay rights • Civil liberties
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Hillary Clinton • Bernie Sanders
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This page was current as of the 2016 election.

  • As governor of Rhode Island, Lincoln Chafee crafted four state budgets for fiscal years 2012 through 2015. These budgets focused on support for education and job development. Notably, Chafee reduced the corporate income tax from 9 percent to 7 percent.[1][2][3][4]
  • In 2014, the Cato Institute found Chafee’s budget “increased spending roughly in line with the national average.”[5]
  • In 2005, Chafee voted in favor S Amdt 186, an amendment “to fully reinstate the pay-as-you-go requirement.”[6]
  • In 2005, Chafee voted against S 1932 - Deficit Reduction Act of 2005, which aimed to reduce federal spending by $40 billion over five years.[7][8]

Recent news

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See also

Footnotes

  1. ↑ State of Rhode Island Budget Office, “Executive Summary: Fiscal Year 2015,” accessed May 1, 2015
  2. ↑ State of Rhode Island Budget Office, “Executive Summary: Fiscal Year 2014,” accessed May 1, 2015
  3. ↑ State of Rhode Island Budget Office, “Executive Summary: Fiscal Year 2013,” accessed May 1, 2015
  4. ↑ State of Rhode Island Budget Office, “Executive Summary: Fiscal Year 2012,” accessed May 1, 2015
  5. ↑ The Cato Institute, “Fiscal Policy Report Card on America’s Governors 2014,” accessed May 1, 2015
  6. ↑ Congress.gov, “S.Amdt.186 to S.Con.Res.18,” accessed May 1, 2015
  7. ↑ Congress.gov, “S.1932 - Deficit Reduction Act of 2005,” accessed May 1, 2015
  8. ↑ The White House, “Fact Sheet: President Bush Signs the Deficit Reduction Act,” February 8, 2006
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