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Romney: Spending cuts slow economic growth
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Contributor | karin1492 |
Last Edited | karin1492 Feb 21, 2012 05:41pm |
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Category | News |
News Date | Tuesday, February 21, 2012 11:40:00 PM UTC0:0 |
Description | Mitt Romney said Tuesday that cutting spending slows growth in the economy -- a rhetorical slip more akin to an argument a Democrat might make than a Republican.
Speaking in Shelby Township, MI, the former Massachusetts governor took a question about the Simpson-Bowles fiscal commission empaneled by President Obama to address the nation's deficit and debt issues. In his response, he said that addressing taxes and spending issues are essential.
"If you just cut, if all you're thinking about doing is cutting spending, as you cut spending you'll slow down the economy," he said in part of his response. "So you have to, at the same time, create pro-growth tax policies."
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