Mitt Romney on The Stimulus

Last Updated : Jun 22, 2011

Summary

Although he is not opposed to stimulus spending in general, Governor Romney strongly opposed the 2009 stimulus plan. In January of 2009, Governor Romney testified before the Economic Stimulus Working Group and argued against one time "tax rebates" and spending money on projects that would not normally be undertaken, and urged Congress to use the stimulus to move up projects that were already planned and in permanent reductions in tax rates.

When the first whispers of the content of the stimulus were leaked, Governor Romney immediately opposed the bill noting such was as additional contraceptive funding, and stating that most of the legislation appeared to be payback to Democratic allies. Governor Romney criticized the plan as doing nothing to create jobs that would last beyond the stimulus funding, and criticized the level of spending within the bill as dangerous and an immoral debt to leave to our children.

 

ESWG Testimony

On January 15, 2009 Governor Romney gave testimony to the Economic Stimulus Working Group. He spoke about the need for a stimulus and what the content of that stimulus should be. He warned against pursing items such as card check.

 

Neil Cavuto Appearance

On January 28, 2009 Governor Romney appeared on the Neil Cavuto show and discussed the stimulus. He notes his opposition to the stimulus bill and that so much borrowing and high debts could lead to stagflation in the future.

 

O'Reilly Factor

On February 9, 2009 Governor Romney appeared on the O'Reilly Factor and spoke almost exclusively about the stimulus plan. Governor Romney states that he would support a stimulus, but not one in the form that is being proposed by President Obama.

 

Hannity Appearance

On February 26, 2009 Governor Romney appeared on the Sean Hannity Program and discussed the stimulus plan and overall spending. Governor Romney referred to the stimulus plan as dangerous and immoral.

 

Fox News Appearance

On January 28, 2010 Governor Romney appeared on Neil Cavuto's show to discuss the reappointment of Ben Bernanke, TARP, the Stimulus, and other items.

 

 

References

[1] Website: Mitt Romney Central Article: Full Transcript of Romney's Testimony for Economic Stimulus Working Group Author: Nate Gunderson Accessed on: 06/22/2011

User Comments