We must take away the government's credit card. With limits on both tax revenue and borrowing, the Federal government would finally be forced to get serious about spending cuts.
Sentiment: NEGATIVE
Certainly, cutting spending is one of the things that can transcend to the federal government. I mean, I think the federal government has grown by leaps and bounds, and they need to look where do they need to cut.
I am prepared to discuss the things that I believe we need to do not just to raise the debt limit. Raising the debt limit is the easiest thing. That's one vote away. The hard thing is to show the world we are serious about putting our spending in order so we can show people we'll able to pay our bills down the road.
My point is cutting spending shouldn't be reliant on the debt limit though. It's something we have to do. The good news for America is, leaders in both parties, the president, believe that we have to have significant deficit reduction. So the intent is there. And I think what America is going to demand is that our leaders come together.
Even with not having a balanced budget at this time, I support tax cuts. That will help limit spending.
We're going to have to control the spending of government.
Someone has to stay on the line and say, no, we can do this by cutting spending and reducing the size of government. That's what I was committed to doing.
I would vote to increase the debt limit if there was a corresponding level of cuts. And if there was some serious talk about a balanced budget amendment, which we as governors always had to deal with.
We will cut programs, we will try to rein in the size of the bureaucracy. We will bring federal pay scales that have become so exaggerated into line with market rates.
We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut goes straight to the bottom line, adds to the deficit, and the deficit adds to the national debt, and sooner or later, the debt has to be paid.
It is time we passed a balanced budget amendment and return this government to limited spending.
No opposing quotes found.