That means: Sound fiscal management to reduce the federal debt.
Practice sound fiscal management to reduce the federal debt.
Occurrences
Evidence
The campaign's About page says John Hoeven was sworn in as North Dakota's U.S. senator on January 5, 2011, and says his governor record included a balanced budget and spending within its means.
Public Law 112-25 enacted ten-year discretionary spending caps with sequestration, a debt-ceiling disapproval process, and a Joint Select Committee on Deficit Reduction.
Treasury Fiscal Data says the national debt is accumulated borrowing and that it has increased every year over the past ten years; the page is updated daily from the Debt to the Penny dataset.
Assessments
As a federal promise, the relevant test is whether Hoeven’s Senate tenure produced an actual reduction in the federal debt with meaningful candidate credit. The strongest outcome evidence points the other way: Treasury data shows the national debt continued to rise rather than fall during the period at issue. There is evidence of a serious fiscal-management effort during his first Senate term, including deficit-control legislation such as the Budget Control Act of 2011, which supports giving effort credit. But that effort did not achieve the promised result of reducing the debt, so this is not delivered or partial delivery of the stated outcome.