Romney: Obama has power to end debt crisis
July 14th, 2011
02:54 PM ET
3 years ago

Romney: Obama has power to end debt crisis

(CNN) - Speaking to the Portsmouth Rotary Club Thursday, former Massachusetts Gov. Mitt Romney called on the president to end the debt crisis.

"Come on, Mr. President," said the Republican presidential candidate. "You can, by yourself, cut spending, agree to cap the spending and put in place a balanced budget amendment."


Democrats and Republicans are divided on a deficit-reduction deal that needs to be reached by Aug. 2, the deadline set to avoid a default on the government's loans.

Romney's campaign has previously expressed support for the "Cut, Cap and Balance Pledge," which has been signed by seven other 2012 presidential candidates, five governors and 48 members of Congress.

The pledge asks signees to oppose a raise in the debt ceiling unless it includes major spending cuts, a cap in spending, and a balanced budget amendment.

"That is the answer for the debt ceiling," Romney told the New Hampshire audience. "It is within my view the president's power."

While not talking directly about the political fights surrounding the debt talks between Congress and the White House, Romney said politicians too often think more about the next election than policy.

"We have to elect people who don't give a hoot about getting re-elected but instead care about getting the country right," Romney said.


Filed under: 2012 • Debt • Deficit • Mitt Romney • President Obama
soundoff (81 Responses)
  1. Publius Novus

    Mr. Mittens has an interesting view of the Constitution. I was unaware that the president could single-handedly amend the Constitution. Where exactly do I find that language Mr. Mittens?

    July 14, 2011 04:16 pm at 4:16 pm |
  2. jdot

    WTH is Congress getting paid for? Must President Obama do everything? This political landscape is wrought with covert racists wanting to make President Obama a psuedo-slave...three years and you thought you would have made him fail by now but you're not giving up...come 2010 you will wish you'd done better by this President, mark my words. You're so religious you're not paying attention to God at work!

    July 14, 2011 04:23 pm at 4:23 pm |
  3. Jason

    The thing that is the most frustrating is that politicians are supposed to be the " voice" of the people of the united states! They clearly are not, they are only people who have been selected because they were either the only ones to choose from or have had their hand in the cookie jar from birth. They have been given the opportunity to do great things for a nation and ruin it. The people and the united states should be there number one priority, and instead they not the people decide what we do as a nation. In the past ten years we have been at war, continued to be the world police. We have helped other countries in their problems and continue to keep raising our debt, to were we will never recover from. As the worlds strongest nation, we are by far one of the dumbest, literally. We no longer invest any of the nations money in helping out OUR country. And because of it the people are suffering, the unemployment rate is through the roof and the nation is the laughing stock of the world. All because the few selected to lead our great nation, all are only thinking of themselves and their gains. We the people have to be able to stand up and do something, but are unable because we are part of a failing system that continues to never be able to make an easy decision. And knows that they can get away with it.

    July 14, 2011 04:25 pm at 4:25 pm |
  4. 100% ETH

    What is in their mind, secretly?
    Well, the President wants to look after the disadvantaged and looted by systems, they are Middle classes and poor classes of Americans.
    But, the Republicans and their tailgates(T-party), they want protect only the wealthiest Americans by ignoring the poor and middle classes. This is the bottom line ended.

    July 14, 2011 04:27 pm at 4:27 pm |
  5. jdot

    I meant 2012, sorry for the typo

    July 14, 2011 04:28 pm at 4:28 pm |
  6. Sniffit

    "We have to elect people who don't give a hoot about getting re-elected but instead care about getting the country right,"

    Romney said while caring about nothing but getting elected.

    July 14, 2011 04:28 pm at 4:28 pm |
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