TRUMP: Florida, he put so much debt on Florida. He put so much debt on Florida, and he increased spending so much that as soon as he got out of office, Florida crashed. I happened to be there. It's my second home. He didn't do a good job as governor. He loaded it up with debt, and his spending went through the roof. He was not a good governor.
BUSH: Here's the record. We led the nation in job growth seven out of eight years. When I left there was $9 billion of reserves, 35% of general revenue. No state came close to that. During my time, we were one of the two states to go to AAA bond rating. Personal income during my time went up by 4.4 percent.
Now that he has been "emancipated" from the party label, the more libertarian Ravenel gladly holds forth on just about any issue that comes up. On federal spending he warns that the nation is headed for "a doomsday scenario."
"The federal government is making all these promises, but at some point, we're not going to be able to fulfill those promises," he says. "We're going to end up like dogs fighting for scraps."
Bright: Strongly Agree
State Republican party leaders called Wade a "political insider." The GOP chairman said, "He spent the last five years in Washington authoring President Obama's failed $787 billion stimulus bill and sending taxpayer dollars to his political cronies. We look forward to Rick Wade explaining that record to regular South Carolinians. They won't be too impressed."
The Wade campaign responded, "When it comes to choosing between what's best for South Carolina and America and what's best for his tea party friends, Senator Tim Scott will always choose the tea party".
Specifically, Mace plans to attack the federal spending fiasco in her first term. She wants to see "significant movement" on measures to "restore some accountability in the budgeting process." Mace supports a "cut, cap, and balance approach" that will promote economic growth. Additionally, Mace supports eliminating the income tax and would like to see America move toward a consumption based tax.
GRAHAM: I believe we need to raise the debt ceiling, but if we don't raise it without a plan to get out of debt, all of us should be fired. Every American owes $52,000 in terms of their share of the national debt. I want to raise the debt ceiling, but I will not do it without a plan to get out of debt. If you raise the debt ceiling by a dollar, you should cut spending by a dollar. That is the way to go forward. So a dollar for dollar offset and a budget I think are two conditions to raising the debt ceiling.
Q: And you would not raise them unless you've got cuts certain in spending. You will not raise the debt ceiling?
GRAHAM: I'm not going to borrow trillions more dollars without a plan to get out of debt.
SCOTT: The House has acted already. The House passed sequestration on four occasions. We've extended all the tax cuts. And now we wait for a response from the other side. We stand prepared to be here in Washington whenever the president or the Senate has a proposal that we can take and act on.
Q: It seems like both sides seem to be, "Well, we're waiting for them." But the fact is nothing ever gets done. Do you think that this Congress will let us go over this so-called fiscal cliff?
SCOTT: That's a really good question. And that's one of the reasons why I'm pretty excited about the fact that we have already acted. We acted several months ago to extend the tax cuts for all Americans. We don't have to go over the cliff. There is a piece of legislation that has passed the House, which is good news.What we haven't seen come out of the Senate yet is a single piece of legislation that addresses the crisis.
I'm an entrepreneur that ran for governor of New Mexico promising to bring a common sense business approach to state government that everything was going to be a cost benefit analysis. I got reelected in a state that was 2:1 Democrat. I think we're on the verge of a financial collapse unless we balance the budget and that means some really tough choices that all doable and they're all doable under the context of a commonsense business approach to the way government does business and a cost benefit analysis that goes along with everything that government is doing.
A: Every budget during my time as governor was balanced. So, this idea that I left a deficit in Minnesota is not accurate. This two-year budget cycle ends in the black this summer. The two years after that is a projection, based on preposterous assumptions.
Q: But people talk about a projected deficit is because of $4 billion in borrowing you took from local school districts, which the state has to pay back.
A: Actually the deferral of those payments to schools was something I wanted to make permanent, but the legislature refused. They chose to do it one time. In this session, it looks like they are going to make them permanent.
A: Yeah, itís absolutely a problem. Reducing the national debt requires us to have some sort of fiscal discipline. There are a million programs that we operate and that we pay for with the federal government that are far beyond the bounds of the Constitution. Follow the Constitution and youíll know what is necessary. And thatís the defense of the country. Thatís it for the federal government.
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