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Tax and Fiscal

Grade: A

An analysis of Pence’s tax and fiscal record shows an outstanding commitment to limited government principles surrounding spending and controlling government growth. As a congressman, Pence almost always took the fiscally-responsible position on policy, placing him amongst only a small number of other budget hawks within congress to consistently oppose every wasteful spending measure. As Governor, he signed a number of landmark tax bills, including the largest tax cut in state history (which was broadly applied), and a bill which dropped the state’s corporate tax rate to the second lowest in the nation. The only notable blemishes on his fiscal record is his support for a couple crony economic development-related initiatives.

Position

Weight

Action

-1

HB 1403 Indiana Regional City Fund (2015)

Signed a Bill Expanding Cronyism and Wasteful Spending through the Creation of a New Program which Awards Grants to Government-Favored Businesses.

0

SB 252 Horse Racing Commission (2015)

Did Not Veto a Bill that Increased Wasteful Spending by Forcing Taxpayers to Promote the Horse Racing Industry.

+5

SB 1 State and Local Taxation (2014)

Signed a Bill Expanding Economic Growth by Significantly Lowering the Corporate Tax Rate from 6.5% to 4.9% to the Second Lowest Rate in the Nation.

-2

HB 1544 Motorsports (2013)

Signed a Bill Promoting Cronyism by Forcing Taxpayers to Subsidize the Privately Owned Indianapolis Motor Speedway.

+5

HB 1001 Biennial Budget (2013)

Signed a Bill Spurring Economic Growth though a Broad 5% Reduction in the State Income Tax Rate (Largest in State History) and Repeal of the Death Tax.

+4

HCR 112 Conservative Budget (2012)

Voted to Reign in Spending by Balancing the Budget, Cutting the Corporate Tax and Eliminating the Death Tax. (Among Only Half of Republicans to Support)

+2

HR 2354 Amdt #646 (2012)

Voted to Protect Taxpayers by Cutting a Crony “Advanced Technology Vehicles Manufacturing Loan Program. (Among Less than Half of Republicans Cut)

+2

HR 5972 Amdt. #1320 (2012)

Voted to Protect Taxpayers by Eliminating a Wasteful Air Service Program to Rural Regions.

+2

HR 5972 Amdt. #1342 (2012)

Voted to Protect Taxpayers by Defunding the Crony “Community Development Block Grant Program Plagued with Corruption. (Among a Third of Republicans to Defund)

+2

HR 5325 Amdt. #1177 (2012)

Voted to Protect Taxpayers by Blocking Increased Spending for Unnecessary Renewable Energy Initiatives (Among Only Half of Republicans to Block)

+2

HR 2112 Amdt. #480 (2011)

Voted to Protect Taxpayers by Eliminating Funding for an Unnecessary Foreign Agricultural Program. (Less than Half of Republicans Defunded).

+4

HCR 34 Amdt. #258 (2011)

Voted to Reign in Spending by Balancing the Budget within 10 Years and Advancing Reforms to Obamacare and Social Security Spending (Among Half of Republicans to Support).

+2

HR 5850 Amdt. #755 (2010)

Voted to Protect Taxpayers by Cutting Spending within the Dept. of Housing and Urban Development.

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Energy and Environment

Grade: B-

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Law and Scope of Government

Grade: A

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Workforce and Labor

Grade: A

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Regulations

Grade: A-

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Individual Liberties

Grade: B+

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Education

Grade: A-

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Healthcare

Grade: C+

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Local and National Security

Grade: A-

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Free Speech and Elections

Grade: A

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