Romney On Long-Term Solution To ‘Fiscal Cliff’: Keep Current Tax Policy, Military Spending Levels

Asked on Fox Business Network about a long-term solution to avoid a situation like the “fiscal cliff” at the end of the year — when the Bush-era tax cuts will expire and the U.S. could slip into a recession if a spending deal isn’t worked out — Romney said he would keep the “status-quo in place with regards to tax policy, military spending and the like.”