'We Can Do Better'
On this president's watch, the federal debt has grown by over $1 trillion. That's the rough equivalent of putting $3,500 on the charge card of every American.
How did our nation come to this place? The answer is simple--the economic policies of this administration are aimed at ideological goals, not help for the average American.
We can do better. As president, my economic policies will be focused and clear. I will begin by repealing the 2001 and 2003 tax cuts, and using the revenues that result from the repeal to address the needs of the average American, invest in the nation's infrastructure and, through tax reform, put money in the hands of those most likely to spend it.
Finally, maintaining fiscal discipline is essential to long-term growth; discretionary spending must be sustainable, and the federal budget must be balanced over the business cycle.
I balanced every budget during my 11 years as governor, despite the fact that Vermont is the only state with a constitution that doesn't require a balanced budget. To keep spending in line, I will not be afraid to use the veto--a power President Bush has yet to exercise.
Some of these measures will be unpopular, and many will be opposed by the special interests. But the next president must take swift and decisive action to restore the economic well being of our nation's families. They need meaningful jobs at good wages. They need the security of health insurance--no matter how old or young they may be, and without regard to their economic status. They have the right to educate their children to the limits of their abilities, not the limit of their pocketbooks, and to look forward to a secure retirement. In short, they expect a better deal, and deserve no less.
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