7.2: Budget
Cap and Balance the Federal Budget Other Information:
We also must put controls in place to ensure that we never see a repeat of the explosive spending and borrowing of the past
few years. As president, Mitt Romney will immediately move to cut spending and cap it at 20 percent of GDP. As spending comes
under control, he will pursue further cuts that would allow caps to be set even lower so as to guarantee future fiscal stability.
A Balanced Budget Amendment to the Constitution is also necessary to ensure that our nation embarks on a path of long-term
fiscal discipline, and as president, Romney will introduce one in Congress and fight for its passage.
Indicator(s):
|
