Saturday, November 5, 2011

Romney: How I'll tackle spending, debt

USATODAY.com

excerpts:
  • I will bring federal spending as a share of GDP down from last year's staggering 24.3% to 20% or below
  • With economic growth of 4% a year, meeting this goal will require approximately $500 billion of spending cuts in 2016
  • three approaches, applied systematically throughout government, will produce a fiscal turnaround
  • What I propose will not be easy.
He talks the talk, but can he walk the walk?




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