Rick Perry in Can't Is Not an Option, by Gov. Nikki Haley


On Budget & Economy: No debt-ceiling increase without spending cuts & caps

Holding government accountable and breaking the spend-and-borrow cycle is why I worked with Texas governor Rick Perry to recruit other governors to support the "cut, cap and balance" plan in the debt-ceiling negotiations last summer. Governor Perry and I wrote an op-ed for the Washington Post in which we opposed an increase in the debt ceiling unless 3 commonsense things happened: First, we needed to have substantial cuts in spending. Otherwise, what was the point? Second, we needed to have enforceable spending caps to prevent Congress from spending extra revenues instead of using them to pay down the debt or returning them to the taxpayers. And third, we wanted to see congressional passage of a balanced-budget amendment to the US Constitution. The federal government should be forced to do what most of the 50 states already have to do.

We didn't get "cut, cap and balance." So what DID we get? A whole lot of talk, some good intentions, but no resolution to our debt crisis.

Source: Can't Is Not an Option, by Gov. Nikki Haley, p.231 Apr 3, 2012

The above quotations are from Can't Is Not an Option
My American Story
by Gov. Nikki Haley.
Click here for other excerpts from Can't Is Not an Option
My American Story
by Gov. Nikki Haley
.
Click here for other excerpts by Rick Perry.
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