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We can't just cut our way to prosperity. Even as we look for ways to reduce deficits over the long term, we must grow the economy in a way that strengthens the middle class and everyone willing to work hard to get into it.

What we want as an economy is companies and people, you know, working hard to come up with creative ways to be more productive. We don't want companies and people working hard to lobby government for special tax cuts.

America needs a new approach to boost the economy - one that does not doom future generations to being saddled with paying off today's federal deficits.

I am not for raising taxes on the American people in a soft economy.

You've got to either say you're going to cut taxes and find some spending cuts. I think we ought to reform long-term entitlement spending in the country, but you can't out of one side of your mouth say, 'Yes, we're for tax cuts, we're for spending discipline, and we're for bringing down the debt.'

America is living through the third economic revolution and our country doesn't really have a plan on how to deal with it, and when it does - like the president sort of outlined when he first got here - we have a Congress who seem incapable of acting on it.

Our economy works really well without an income or a sales tax.

Our economy grew at double the rate of the nation. We created 1.3 million jobs. We led the nation seven out of those eight years. We were only one of two states that went to AAA bond rating. I cut taxes, $19 billion. If you do that and apply conservative principles the right way, you create an environment where everybody rises up.

Many of you are well enough off that the tax cuts may have helped you. We're saying that for America to get back on track, we're probably going to cut that short and not give it to you. We're going to take things away from you on behalf of the common good.