KING: Governor Romney? Youve been a chief executive of a state. I was just in Joplin, Missouri. Ive been in Mississippi and Louisiana and Tennessee and other communities dealing with whether its the tornadoes, the flooding, and worse. FEMA is about to run out of money, and there are some people who say do it on a case-by-case basis and some people who say, you know, maybe were learning a lesson here that the states should take on more of this role. How do you deal with something like that? ROMNEY: Absolutely. Every time you have an occasion to take something from the federal government and send it back to the states, thats the right direction. And if you can go even further and send it back to the private sector, thats even better.
Instead of thinking in the federal budget, what we should cut we should ask ourselves the opposite question. What should we keep? We should take all of what were doing at the federal level and say, what are the things were doing that we dont have to do? And those things weve got to stop doing, because were borrowing $1.6 trillion more this year than were taking in. We cannot
KING: Including disaster relief, though?
ROMNEY: We cannot we cannot afford to do those things without jeopardizing the future for our kids. It is simply immoral, in my view, for us to continue to rack up larger and larger debts and pass them on to our kids, knowing full well that well all be dead and gone before its paid off. It makes no sense at all.