Patrick Murray

Dear Friend of Freedom,

On the 5th day of the “summer of recovery” Jim Moran proclaimed “People don’t understand . . . the economy has recovered.”  The economic news has since gone from bad to worse.


Click Here to Watch Video of Moran

Consider these economic facts:

* Unemployment rose last month to 9.6%
* We have more  than $13 trillion in national debt
* Annual deficits are $1.5 trillion and increasing.
* The new housing market is the lowest since statistics have been kept
* The existing housing market is the lowest in 15 years
* The automotive market is the lowest in 30 years
* CBO last month revised upward the projected deficit for FY11.
* Economic growth for the 2nd quarter was revised downward by almost 50%
* The largest tax increase in American history is scheduled for January 1.

Jim Moran’s prescription for recovery has been massive deficit spending and massive tax increases.  It hasn’t worked.  We are headed in the wrong direction and Moran’s policies only hasten our arrival at economic disaster.

I believe there is a better way.  If we are serious about solving our economic problems and creating jobs we need a new approach – we need Representatives who are more concerned about the American people than they are about their own re-election.

My economic recovery program calls for:

* Rejecting Jim Moran’s January 1 massive tax increases
* Maintaining our existing tax structure for 6 years to give small business the climate of certainty they can use to plan investment and growth
* Eliminating the federal deficit by requiring agencies to find 2% reduction in expenditures per year over 3 years.  This may be done by eliminating increasing efficiency and/or by eliminating waste, fraud, abuse and duplication.
* Reduce the corporate tax rate by 30% taking us from the highest in the world down to the middle of the industrialized world.  This will increase global competitiveness.
* Enact bi-partisan entitlement reform
* Eliminate pork barrel earmarks
* Enact a Presidential line-item veto
* Cut congressional pay 10% and freeze it there until the budget is balanced.

The difference between Jim Moran and me is I understand small business is the economic engine of our economy.  We need a predictable business climate where small businesses can plan to invest, grow and create jobs.  Jim Moran does not understand that – Jim Moran thinks the economy has recovered.

Job creation requires a vibrant private sector.  It needs profitable businesses that take those profits and invest them back into their own future success.  Jim Moran’s plan for punitive taxation of business profits is counter productive.  It creates a drag on the economy and kills jobs.

Come hear Jim Moran and I debate this and other key issues Tuesday night at 7:30pm at the Arlington County Civic Federation debate held in the Hazel Auditorium at the Virginia Hospital Center.  I hope to see you there.  Get there at least 15 minutes early for parking and seating.

Honor and Courage,

Patrick Murray

Candidate for Congress