Tags: CPAC | cpac | mitch | Daniels | 2012

Daniels: Debt Is the New 'Red Menace'

Friday, 11 Feb 2011 10:28 PM

 

  Comment  |
   Contact  |
  Print  
|  A   A  
  Copy Shortlink

WASHINGTON (AP) — Indiana Gov. Mitch Daniels says the United States is facing a new "red menace" — debt, not Communism — and conservatives must be realistic in cuts.

Daniels, a potential 2012 presidential candidate, said Friday that the United States must get its finances in order or avoid slipping into a shadow of its former self. Daniels, who served as President George W. Bush's White House budget director and was an aide in the Reagan administration, says U.S. "fiscal ruin" would only benefit other nations.

Daniels says groups such as the Conservative Political Action Committee must unify behind a realistic plan to address the nation's debt. He says ending earmarks alone won't solve the problems and saying that cutting "waste, fraud and abuse" only trivializes the challenges.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  Comment  |
   Contact  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved