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Debt

Page history last edited by PBworks 14 years ago

Governor Mitt Romney and Debt

 


 

Quotes from Governor Mitt Romney on Debt

 

When I was running for office I had a debate as you may recall, actually five of them. Don't know whether you saw the one where Tim Russert was the moderator. He wondered how we were going to be able to close a $1 billion budget gap. And I had to lay out what my plans were for doing so. When I got in office, my Secretary of Finance came to me and said, I've got great news and bad news. The great news is we don't have a one billion budget gap. The bad news is we have a $3 billion budget gap. And there were some people that said all we have to do is raise taxes. And I said, look, if you raise taxes you kill jobs and you hurt working families. There were some other people that said why don't we just raise debt. We can just borrow our way out of this. But if you raise debt you just put our problems on the backs of our kids. I said no, we're going to go back to government, we're going to cut out the waste and inefficiency and duplication. We're going to do the job we were elected to do. And Republicans and Democrats came together and made a lot of that happen. Source: Governor Mitt Romney at the NH Federation of Republican Women's Lilac Dinner

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