Governor Mitt Romney and Honesty

Quotes from Governor Mitt Romney about Honesty

2003

• Romney said, "Let's be honest about our financial crisis. It has taken way too long to recognize the need for change. A windfall in tax revenues from the Internet boom and the market's irrational exuberance masked the truth. State government spent the windfall and borrowed even more. We've even used up virtually all our cash, borrowed all our cash, borrowed all the banks will lend us and we are still spending more than we are earning. We are facing a financial emergency." Source 01-02-2003 Press Release