bailout. what is going on here? what do you think you have to capitalize on when he speaks. guest: a couple of things. the country is very concerned about the debt. the debt is a huge issue in every state. and you have a president who has had four years of trillion dollar-plus deficits. we are now in an incredible $16 trillion almost, in debt. neil: you think that is resonating, the debt clock showing how much debt is add since the convention started will resonate back home? guest: it will, and it will be the fact that we have had a credit downgrade and governor romney in massachusetts solved $3 billion deficit and left a $2 billion rainy day fund and got a credit upgrade so we have someone who can fix the debt problem, they need to get the message out there and they need to push it, they need to push what is down in the economy. job creation is down. you get manufacturing that is down. and consumer confidence is down. the creation of jobs is down. what is up in unemployment is
trailing in the hour. another ballot initiative would severely restrict how the government could use eminent domain to take private property. opponents say it could cost jobs. that argument not carrying much weight. republicans in ohio are celebrating one vote and mourning another. a new law limiting collective bargaining rights of public workers have been rejected. governor john kasich said the decision will cost taxpayers money. as far as local governments go, you know, we ll work with them to help them overcome their challenges. but let me be clear. there s no bailout coming. there is no bailout because frankly, there s no money. we are not in a position after digging our way out of a huge hole and fortunately being able to get a credit upgrade for our state, an improvement from negative watch to stable, we have to be very careful with our money because these are tough economic times, but what i will say is it s going to be very
just slow the rate of growth, they gave it to me and i did we cut spending. every year we balanced the budget. by the end of my term we put in place over a two billion dollar rainy day fund. that kind of leadership allowed us to get a credit upgrade from standard & poor s that s the leadership we need in the white house. governor pawlenty, you say you balanced every budget without tax increases. in 2005 you levied a new tax on cigarettes, which you called a health impact fee. you said you had to compromise with a democratic legislature to end the shutdown. doesn t that show when leaders are faced with big deficits, they sometimes have to raise taxes? no. as i said before i ve got the best record of financial management of any government in the country. cato institute gave only four governors in america an a grid i was one. the other three running or