Tags: | iowa | caucuses | king

Steve King: Republican Hopefuls Don't Have Economic RX

Tuesday, 27 Dec 2011 04:30 AM

By Hiram Reisner

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Rep. Steve King said Monday with the Iowa caucuses just a week away, he still has not yet endorsed a candidate for the Republican nomination as he believes none of the GOP hopefuls have shown a “deep conviction” to repair the teetering economy and reduce congressional spending.
 
“One of them is how the field is spread out and another part of this is that as the months have unfolded and I have watched the lack of will in this Congress to tighten down on this spending — we’re burning up our political capital discussing whether we’re going to be at $28 trillion in national debt in 10 years or $26 trillion,” King told CNN’s Tom Foreman.
 
“Europe is melting down incrementally, and Greece is ready to default. And I have not heard yet from a presidential candidate that deep conviction on how to get us out of this impending economic disaster that we’re in,” the Iowa Republican said. “I want to know when that budget will first be balanced, when we will pay off the first net dollar on our national debt and I would like to hear about a transformative tax policy — I’m hoping that yet happens. I thought I might get that all for Christmas and it didn’t quite happen.”

King said he realizes the priorities for most Americans are the sagging job market and stagnant wages, but candidates must look beyond the symptoms to the causes of the personal crises.

“We’re electing a leader and that leader should be looking over the horizon and taking us where we need to go — it’s not enough to react to the public. The public wants jobs, yes, and businesses have to be able to make a profit before they can pay wages,” he said. “That’s all part of it, but, meanwhile, if neither Democrats nor Republicans show the will to tighten down on our spending and get to us a balanced budget, we could march off into a financial debacle.

“But we need a leader to lead us away from that, to lead us away from the abyss,” King said. “And I’m not yet convinced that any of them have that vision and are able to inspire the American people to take us where we need to go.”
 

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Send me more news as it happens.
 
 
Get me on The Wire
Send me more news as it happens.
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
You May Also Like

2 FBI Agents Shot During Second Night of Ferguson Area Violence

Wednesday, 26 Nov 2014 07:38 AM

Though the incident was "not directly related" to racially charged unrest in and around nearby Ferguson, two FBI agents  . . .

HBO's Scientology Documentary Requires 'Probably 160' Lawyers

Wednesday, 26 Nov 2014 06:50 AM

HBO is examining the Church of Scientology in a new documentary based on Lawrence Wright's book "Going Clear," and has h . . .

Thailand Santa Elves Break Record for Christmas Helpers

Wednesday, 26 Nov 2014 06:26 AM

The world record for the largest gathering of Christmas elves was broken on Tuesday when hundreds of Thai school childre . . .

Top Stories

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