The Des Moines Register reports:
The former Massachusetts governor blamed the president for racking up huge deficits, which he said could lead to the kind of financial crisis being seen in Europe as Greece struggles to fend off default. “The difference of course would be that there’s no one big enough to bail out the United States of America,” he said.
Romney promised to “slay the deficit beast.” The first step, he said, would be to reverse Obama’s health-reform law. After that, he said, Americans would have to prepare to have some popular programs to disappear. He listed public broadcasting, Amtrak and the National Endowment for the Humanities as examples. “These are wonderful things, but I’m not willing to borrow a billion dollars to pay for things we don’t absolutely need. We can’t keep buying and spending and passing it on to our kids,” he said.
