Quote by Mitt Romney
I would cap the amount of federal government can spend at 20 percent of the economy. Bring it back to 20 percent or lower. And say, we are not going to spend above that level. Democrats, they want to raise your taxes and spend more and more and turn us into an economy which is no longer driven by the private sector.
Summary
This quote suggests an approach to managing government spending, proposing to limit federal expenditure to 20 percent or less of the total economy. It implies the belief that excessive governmental spending often leads to higher taxes and a diminished role of the private sector in driving economic growth. By advocating for restraint in spending and opposing the Democratic viewpoint of increased taxation and expenditure, the quote emphasizes the importance of maintaining a balance between government involvement and private sector-driven economic initiatives.
Topics
Government
By Mitt Romney