I am a member of the fiscally conservative Democratic Blue Dog Coalition, which is “dedicated to a core set of beliefs that transcend partisan politics, including a deep commitment to the financial stability and national security of the United States.” I support amending the United States Constitution to require a balanced budget and ensure that lawmakers act in a fiscally responsible manner. I also have co-sponsored The No Budget, No Pay Act, which states that if Congress does not approve its budget and all appropriations conference reports by October 1st every year, then Members of Congress do not get paid. I am a supporter of PAYGO, which requires that new spending or tax changes do not increase the federal deficit. Finally, I support a long-term budget agreement that would reduce the deficit, reform the tax code and entitlements, and make the necessary investments to create jobs, improve infrastructure, educate our children, train our workers, and grow the economy into the future.
More on Fiscal Responsibility
WASHINGTON, DC—This afternoon, Congressman Sanford Bishop joined his colleagues in introducing the “Protection of Family Farmers Act of 2004,” which if enacted would extend authorization of Chapter 12 of the bankruptcy code. Chapter 12 provides a valuable bankruptcy option that allows struggling family farmers to reorganize their debt and protect their farms.