We are adding trillions of deficit-financed Federal government spending, which adds trillions to our Nation's debt.
Sam Brownback
The Public Record
Sam Brownback is a Republican politician who served as the Governor of Kansas from 2011 to 2018. Prior to his governorship, he was a U.S. Senator from Kansas from 1996 to 2011 and a member of the U.S. House of Representatives from 1995 to 1996. Brownback is known for his conservative positions on social issues and his advocacy for tax cuts and economic development in Kansas. During his tenure as governor, he implemented significant tax reforms aimed at stimulating the state's economy, although these policies faced criticism and led to budgetary challenges.
I appreciated very much, your presentation on 60 Minutes recently and the assuring sense that you put in front of the public.
I believe that the last things we want to do is raise taxes and add uncertainty to the economic and financial environments.
Our economy is in the midst of a serious recession and many Americans are suffering from job losses, home losses, and uncertainty about their retirement savings, their jobs, and their children's future.
the policy of 'too big to fail' has failed and that we need to get in a regularized system for our big banks.
I am very much in favor of taking strong steps to end 'too big to fail,' and I have given a number of speeches on that subject.
One of the things I get asked by a number of people is concern about foreign purchases of our debt, and that we are very dependent upon that particularly from the Chinese.
Thank you Chairwoman Maloney for arranging today's hearing and thank you Chairman Bernanke for testifying today about the economic outlook.
Do you have a thought on considering tax increases at the present time by the Congress?
I get from my banks all the time that the regulators are on them way too much with the capital that they have.
I am concerned about overreach by the administration on expanding the size of government and setting up costly and most likely inefficient programs.
It wouldn't seem wise to continue that level of spending for another year if you are pulling out of this.





