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Former HUD official, Franklin resident, calls on Kanew and Green to restore federal fiscal responsibility

By BROOKE WANSER

A Franklin man is calling on the candidates for the U.S. Congress race in Tennessee’s District 7 to pledge fiscal responsibility to constituents.

John Knubel, a Franklin Rotarian, graduated from the U.S. Naval Academy with a Rhodes Scholarship, going on to attend and graduate from Oxford University with a master’s in politics philosophy and economics.

He later served as the chief financial officer of the Department of Housing and Urban Development (HUD).

After serving in leadership roles with Chase Manhattan Bank and with the National Security Council, Knubel moved to Franklin five years ago.

Ever since, his mission has been to restore fiscal responsibility to the federal government.

“They [Williamson County] are one of the staunch supporters for a balanced budget,” he said, “and they have a solid financial management component to their government.”

As the founder of the Center for State-led National Debt Solutions, Knubel is working to have 34 states lobby for a balanced budget amendment. The foundation has already gotten 28 states to agree to the amendment.

Pitching U.S. Congressional nominees in District 7

In the pre-election agreement Knubel is asking them to sign, he asks Green to accept Medicaid expansion with 90 percent support from the federal government and to support revision of the tax cut program to include deficit reduction in targets.

He asks Kanew to support legislation to force Congress to pass a budget each year one month prior to the end of the fiscal year, call for bipartisan financial reform, similar to the Simpson-Bowles Commission, and to support completion of a federal audit with consequences for failing agencies.

Knubel said he has spoken over the phone with Kanew, and plans to present his agreement to Green.

Kanew, he said, is amenable to the agreement, though he has not yet signed.

Why isn’t he lobbying candidates in the Senate or governor’s race? “I think you have to walk before you run,” Knubel said.

He also argued that while the state is fiscally responsible, “it’s the federal government that’s out of control.”

Federal fiscal policy is a weighty matter: “I’ve seen the warts, and there’s fundamental aspects of finance in government that drives them [politicians] away,” Knubel said. “The investor in the public sector is the taxpayer, and he or she is really underrepresented.”

As a private citizen, Knubel sees it as his duty to advocate for others, especially the younger generations which will be most impacted by out of control spending.

“We’re not going to get compromise unless we demand it,” he said.

By | 2018-09-05T23:01:45+00:00 September 6th, 2018|Categories: Business, BW-News, Community, Featured, Franklin, More News|Tags: , , |Comments Off on Former HUD official, Franklin resident, calls on Kanew and Green to restore federal fiscal responsibility

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