Romney comes out against debt ceiling agreement
August 1st, 2011
10:46 AM ET
11 years ago

Romney comes out against debt ceiling agreement

Washington (CNN) - Republican presidential frontrunner Mitt Romney is coming out against the debt ceiling deal reached late Sunday by the White House and Congressional leaders.

In a statement Monday, the former Massachusetts governor said he opposes the framework because it calls for a special Congressional committee that will consider tax increases and cuts in military spending.

That plan, Romney said, "opens the door to higher taxes and puts defense cuts on the table."

"President Obama's leadership failure has pushed the economy to the brink at the eleventh hour and 59th minute," Romney said. "While I appreciate the extraordinarily difficult situation President Obama's lack of leadership has placed Republican Members of Congress in, I personally cannot support this deal."

For weeks, Romney has avoided weighing on the specifics of the debt ceiling negotiations between political leaders in Washington, drawing scorn from Democrats and his Republican presidential rivals.

Romney did support the "Cut, Cap and Balance" legislation that would have dramatically slashed federal spending and forced a vote on a balanced budget amendment to the Constitution.

That plan passed a House vote but was dead on arrival in the Senate.

His opposition to the debt agreement puts him on the same side of the issue as Minnesota Rep. Michele Bachmann, the GOP candidate nearest to him in the polls.


Filed under: Debt • Deficit • Mitt Romney • President Obama
soundoff (62 Responses)
  1. anotherjohn

    All you need to do is listen to Romney to know why he has no place in the White House. The republican party has de-evolved, proof that evangelicals really do believe in evolution, and not the biblical tales told by dirty old men looking for power. Cut defense budgets, Washington DC seems to think war is a commodity, it's not.

    August 1, 2011 11:19 am at 11:19 am |
  2. Limbaugh is a liberal

    In other news, Michele Bachmann was 'forced' to cut short her campaign appearances to come back to Washington and raise her voice against the bill.
    Poor Bachmann! She was forced to come back to Washington and actually do the job taxpayers pay her for instead of skipping work and raising money from special interests.

    August 1, 2011 11:19 am at 11:19 am |
  3. Ohio Man

    LOL... That's my man Mitt for you... Let the dice roll out 1st then places his bet... lol... The sad part is people will say yeah you right Mitt....Now lets see what Momma Palin will tweet you know she is preparing a new word for us about this...

    August 1, 2011 11:20 am at 11:20 am |
  4. Rudy NYC

    Dumb and dumber. Don't any of the Republican candidates realize that if the House rejects the deal and sends the US into default, that the public will blame it on the GOTP? And once the House lets us go into default, they will blame the GOTP, which means any chance of a Republican winning the general election is off the American voter's table.

    Is the GOTP mindset so arrogant that they actually think that they can convince America, and the world, that their voting against a debt ceiling compromise was Obama's fault? Yes, they do believe that.

    August 1, 2011 11:21 am at 11:21 am |
  5. lynn

    Romney promised to make up the shortfall in social security payments, from his deep pockets.

    August 1, 2011 11:23 am at 11:23 am |
  6. pass

    Romney as well as Bachman are either clueless about the debt ceiling or just do not want to pay more tax from all the money they make. It is appalling they are considered front runners in anything but charades. The only republican running I would vote for is obscured with articles like this and never mentioned, maybe his son will run next election if the media doesn't wizen up.

    August 1, 2011 11:24 am at 11:24 am |
  7. emma

    Romney, it is hard to think of you as fitting the bill for what this country needs if you were to be in charge, Your lack of depth is obvious.

    August 1, 2011 11:25 am at 11:25 am |
  8. Auzzie

    I can definitely appreciate Mitt Romney's constant and very involved assessments and perspectives on the ongoing debt ceiling negotiations for the past 2 weeks.

    Oh wait, I am sorry that never happened did it

    Mitt Romney has not said a DAMN thing for the last 2 weeks and now He has to share his opinion and concern

    It would be nice if just for once in his political career, Mitt Romney would say something and stick by his words and not be such a "flip flopping Wussy"

    August 1, 2011 11:26 am at 11:26 am |
  9. Debra from Georgia

    Where have this fool been. Missing in action while the debate was going on. Don't want you for President, Let the real leaders stand, not Romney, you have been missing in action since the debate.

    August 1, 2011 11:26 am at 11:26 am |
  10. carrotroot

    This is like placing your bets on a horse race that has already finished.

    August 1, 2011 11:27 am at 11:27 am |
  11. GI Joe

    @think again

    Amen.

    August 1, 2011 11:27 am at 11:27 am |
  12. sonny chapman

    He 's looking oilier & oilier by the day.

    August 1, 2011 11:30 am at 11:30 am |
  13. Publius Novus

    Yes, Mr. Mittens, the commission idea will put taxes and military spending on the table. Where they must be if we are to solve this problem. And I'm sure your position has nothing to do with coopting support from your nearest GOP rival, does it?

    August 1, 2011 11:31 am at 11:31 am |
  14. lt406

    Just blame Obama for everything. Conveniently forget that all of this "spending spree" originates in congress not the exuctive branch. Romney appreciate the extraordinarily difficult situation President Obama's lack of leadership has placed Republican Members of Congress in? Obama was pushing for more negotiation and compromise from both parties for months! Just because our brilliant polititians in congress took until the last minute to realize they should probably follow Obama's advice speaks more to the stubborn nature of both parties than Obama's leadership.

    I also find it interesting that Romney wants to lead the nation, and yet taxes and cuts in military spending are off the table for him. What a visionary. Elect Romney if you want the same results we got from Bush Jr – a debt default crisis. Our politicians are a joke.

    August 1, 2011 11:33 am at 11:33 am |
  15. ATL Guy

    Let us see if the Republicans in the House will vote against the bill and expect Nancy Pelosi and the Democrats to support it and pass it just so they can go back to their supporters and crow about not supporting raising the debt ceiling. Nancy should tell her caucus to vote their minds and not whip the vote count. If this fails let it be because the Tea Partiers did not support it.

    August 1, 2011 11:34 am at 11:34 am |
  16. cindy

    Jobs jobs jobs.....where are the jobs?

    August 1, 2011 11:34 am at 11:34 am |
  17. Poor Mitt

    Poor Mitt... What did YOU contribute to this crisis? Staunch Republican support for wars that are devastating families, innocents, and our economy? Easy to gripe when your career isn't on the line. What would you propose for the millions of us who faithfully (under duress) paid into Soc Sec and now will get cheated out of it? A deal is a deal.

    In my opinion, you're spewing more loudmouth pandering to the Faux News zombies... Gonna make a movie? Maybe "The Unresponsible"?

    (Registered Republican, BTW)

    August 1, 2011 11:35 am at 11:35 am |
  18. wishing

    Romney, in favor of default.
    Romney, against the 14th amendment.

    August 1, 2011 11:40 am at 11:40 am |
  19. johnson

    Anyone can walk into a bar after a bar fight has just concluded and then talk tough.

    August 1, 2011 11:41 am at 11:41 am |
  20. James

    Romney has enough money to not have to worry about another recession, housing woes, unemployment, interest rate increase etc. the bad consequences of default. He did the right thing with Romenycare but now he is trying to distance himself from it just because other republican hopefuls are attacking him on this. Similarly, he is listening to the right wing extremists on the debt deal and forgetting about what is good for the American people.

    August 1, 2011 11:47 am at 11:47 am |
  21. The GOP doesn't care about America

    Don't worry, Mr. Flip-flop will support this when the GOP fall in line.

    August 1, 2011 11:48 am at 11:48 am |
  22. Bart

    Romeny has been very quiet about the matter until now. What is his plan and why didn't he get out there and lead with his plan? That's right – he doesn't have one. He is a sniper, just waiting for the plan to come out and whatever it is, call is crap and blame Obama 100%. What a loser and not what the country needs.

    August 1, 2011 11:53 am at 11:53 am |
  23. GOP = Greed Over People

    At this point I am just ready to end the drama and the constant coverage which only makes us look like childish fools to the rest of the world.

    The same world that used to look to us for our compassion, composure, intelligence and smart leadership. The globe used to look to us to be the grown-ups.

    However, we have now shown the entire world, Congress is just a very, very expensive day care center.

    August 1, 2011 11:54 am at 11:54 am |
  24. James Moore

    This article just solidifies my opinion that Romney is the best choice for the next election. You can say what you want but he has the experience that neither Bachman nor Obama have.

    August 1, 2011 11:57 am at 11:57 am |
  25. Clyde

    Pander much? That pretty much does it – this guy has cancelled his own ticket. No primaries for you!

    August 1, 2011 11:58 am at 11:58 am |
1 2 3