2016 Republican Presidential Candidates


Fiscal Responsibility


Fiscal: Pertaining to the public treasury or revenue.
  1. Liable to respond; likely to be called upon to answer; accountable; answerable; amenable.
  2. Able to respond or answer for one's conduct and obligations; trustworthy, financially or otherwise.
  3. Involving responsibility; involving a degree of accountability on the part of the person concerned.

Constitutional Quotes

  •  Article. I, Section 8 - The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defense and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;
    •  To borrow Money on the credit of the United States;
    •  To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
  •  Article. I, Section 9 - No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time.
  •  AMENDMENT XXVII - No law, varying the compensation for the services of the Senators and Representatives, shall take effect, until an election of representatives shall have intervened.


  •  Article of Confederation IX
    •  The United States in Congress assembled shall also have the sole and exclusive right and power of regulating the alloy and value of coin struck by their own authority, or by that of the respective States -- fixing the standards of weights and measures throughout the United States -- regulating the trade and managing all affairs with the Indians, not members of any of the States, provided that the legislative right of any State within its own limits be not infringed or violated -- establishing or regulating post offices from one State to another, throughout all the United States, and exacting such postage on the papers passing through the same as may be requisite to defray the expenses of the said office -- appointing all officers of the land forces, in the service of the United States, excepting regimental officers -- appointing all the officers of the naval forces, and commissioning all officers whatever in the service of the United States -- making rules for the government and regulation of the said land and naval forces, and directing their operations.
    •  The United States in Congress assembled shall have authority to appoint a committee, to sit in the recess of Congress, to be denominated 'A Committee of the States', and to consist of one delegate from each State; and to appoint such other committees and civil officers as may be necessary for managing the general affairs of the United States under their direction -- to appoint one of their members to preside, provided that no person be allowed to serve in the office of president more than one year in any term of three years; to ascertain the necessary sums of money to be raised for the service of the United States, and to appropriate and apply the same for defraying the public expenses -- to borrow money, or emit bills on the credit of the United States, transmitting every half-year to the respective States an account of the sums of money so borrowed or emitted -- to build and equip a navy -- to agree upon the number of land forces, and to make requisitions from each State for its quota, in proportion to the number of white inhabitants in such State; which requisition shall be binding, and thereupon the legislature of each State shall appoint the regimental officers, raise the men and cloth, arm and equip them in a solid-like manner, at the expense of the United States; and the officers and men so clothed, armed and equipped shall march to the place appointed, and within the time agreed on by the United States in Congress assembled. But if the United States in Congress assembled shall, on consideration of circumstances judge proper that any State should not raise men, or should raise a smaller number of men than the quota thereof, such extra number shall be raised, officered, clothed, armed and equipped in the same manner as the quota of each State, unless the legislature of such State shall judge that such extra number cannot be safely spread out in the same, in which case they shall raise, officer, cloth, arm and equip as many of such extra number as they judged can be safely spared. And the officers and men so clothed, armed, and equipped, shall march to the place appointed, and within the time agreed on by the United States in Congress assembled.
    •  Article of Confederation XII - All bills of credit emitted, monies borrowed, and debts contracted by, or under the authority of Congress, before the assembling of the United States, in pursuance of the present confederation, shall be deemed and considered as a charge against the United States, for payment and satisfaction whereof the said United States, and the public faith are hereby solemnly pledged.

2004 Republican Platform Quotes

  •  Winning the War on Terror
    •  Honoring and Supporting Our Armed Forces
      •  Republicans applaud President Bush's announcement of the most comprehensive restructuring of U.S. military forces overseas since the end of the Korean War. By closing bases overseas that are no longer needed to meet Cold War threats that have ended, his new initiative will bring home many Cold War-era forces while deploying more flexible and rapidly deployable capabilities in strategic locations around the world. It will save the taxpayers money by closing hundreds of unneeded facilities around the world.
    •   International Institutions
      •  Under Republican leadership, the United States will pay a fair, not disproportionate, share of dues to the United Nations, which must continue to reform its management and take steps to eliminate waste, fraud, and abuse. All funds that the U.S. contributes for operations, conferences, and peacekeeping should count against these dues.
  •  Ushering in an Ownership Era
    •  Tax Relief: Making it Happen, Making it Permanent
      •  We believe that good government is based on a system of limited taxes and spending. Furthermore, we believe that the federal government should be limited and restricted to the functions mandated by the United States Constitution. The taxation system should not be used to redistribute wealth or fund ever-increasing entitlements and social programs.
  •  Building an Innovative, Globally Competitive Economy
    •  Fiscal Discipline and Government Reform
      •  To make sure the private sector has the capital it needs to invest, grow the economy, and expand prosperity, our leaders must make sure that the growth of the federal government remains in check. The challenges America has faced over the last four years have created an unwelcome but manageable budget deficit. These deficits are due to a number of factors: the stock market downturn that began in 2000 and the subsequent recession that President Bush inherited when he took office; the terrorist attacks on America and the necessary spending for homeland security and the War on Terror those attacks precipitated; and the crisis in confidence produced by corporate scandals that were years in the making.
      •  It is important to view the size of the deficit in relation to the size of the nation's economy. By that measure, today's deficit, although unwelcome, is well within historical ranges. A deficit that is 3.8 percent of GDP, as is now projected for this year, would be smaller than the deficits in nine of the last 25 years, and far below the peak deficit figure of 6 percent of GDP reached in 1983. This deficit is also in line with what other industrialized nations are facing today. The U.S. deficit matches the average deficit within the Organization for Economic Cooperation and Development, and is below the levels of France, Germany, and Japan.
      •  Much more importantly, because the President and Congress enacted pro-growth economic policies, the deficit is headed strongly in the right direction. Next year's projected deficit, at 2.7 percent of GDP, would be smaller than those in 14 of the last 25 years. As Republicans in Congress work with the President to restrain spending and strengthen economic growth, the federal deficit will fall to 1.5 percent of the nation's economic output in 2009 - well below the 2.2 percent average of the last 40 years.
      •  The events that brought us into deficit are not completely behind us. The War on Terror goes on. The recession has passed, but some industries and workers are still feeling its effects. Republicans are committed to winning the War on Terror and will continue to implement policies that promote jobs, investment, and growth in every region of the country and every sector of our economy.
      •  Let us be clear: If government is to meet the most pressing needs of our time and still maintain fiscal discipline, government leaders must set priorities and stick with them. President Bush has shown genuine leadership in doing just that. Time and again, he has made difficult decisions and followed through with clear determination. He has made it plain that his top budgetary priority is to protect America and win the War on Terror. He also remains committed to the education reforms he spearheaded in 2001. All discretionary spending must be kept in check and taxes must remain low to stimulate economic growth.
      •  We endorse the President's pro-growth economic policies and his disciplined approach to spending taxpayers' dollars. And we applaud the efforts of President Bush and Republicans in Congress to meet our nation's priorities and cut the deficit by more than half within five years.
    •  PAYGO
      •  Tax cuts and spending are not the same. They do not have the same effect on the economy or on the federal budget. Tax cuts allow American workers, families, business owners, and investors to keep more of their own money. New spending requires the government to take control of a bigger slice of the economy. We recognize that the problem is not that the American people are taxed too little but that the federal government spends too much. To ensure that the federal government respects the burdens on taxpayers and spends only as much as is necessary to accomplish our common goals, we support extending the pay-as-you-go requirement for mandatory spending only.
    •  Limiting Spending Growth
      •  Spending limits will help Congress restrain the growth of government. We support a cap on discretionary spending that will limit the growth of overall spending while ensuring that priorities such as our nation's security will continue to be met. We applaud President Bush for submitting a budget for 2005 that provides significant increases in funding to win the War on Terror and protect the homeland, while limiting the growth in all other non-security related discretionary spending to less than one percent.
    •  Line-Item Veto
      •  To further the goal of respecting taxpayers' dollars and restraining spending, we endorse the creation of a line-item veto, which the President could use consistent with the Constitution to reject new appropriations, new mandatory spending, or limited grants of tax benefits (to 100 or fewer beneficiaries) whenever he determines the spending or tax benefits are not essential priorities. Under this approach, all savings from the line-item veto would be used for deficit reduction, and could not be applied to other spending. Governors across the nation already have and use this tool to reduce unnecessary spending. The President should have the same option.
    •  Sunset Commission
      •  Government programs are designed with specific purposes, and they ought to be assessed to determine whether they are meeting their goals. We endorse creating a commission to evaluate discretionary spending on federal agencies and programs to ensure that taxpayer funds are being used for the best, most efficient purposes. Such a commission would determine whether certain programs are duplicative, wasteful or inefficient, outdated or irrelevant, or failed. It would recommend to Congress programs that could be terminated, moved, or restructured to make the government more efficient.

Republican Fiscal Responsibility Values


Administrative Policy Initiatives

Republican Sponsored Legislature

Judicial Cases

  •  None Found

Advocacy Organizations

Links of Interest

Related Issues and Relationship

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Last modified: June 15, 2015