• Romney said that America is going through extraordinary times and a well crafted stimulus
plan is needed to put people back to work.

• He criticized that the Obama spending bill will only stimulate the government and not the
economy.

• Romney believes that permanent tax cuts should be the centre of the economic stimulus.

• He thinks that any new spending should be limited to projects that are essential and which
would bring an immediate positive impact.

• Romney supported repairing and replacement of military equipment that was destroyed in
Iraq, Kuwait and Afghanistan.

• He believed that sending out rebate checks to citizens and businesses was not a tax cut.
These are actually refunds. He said this method was tried in 2008 and it did nothing to jump start
the economy.

• Once the economy revives he suggested gaining control over the federal budget and also on
over entitlement spending on Social security and Medicare.

• Romney thinks that America needs to prove that it will put a stop to run away spending and
borrowing, only then the dollar will hold good value in the currency market.

• The nation must begin to recover the vast losses in the capital investment pool. The best
way to do this is convince the people that there will be no increases on investment and capital
gains.

• Romney believes only the private sector entrepreneurs can create the millions of jobs that
the country needs.

• Finally the government needs to exercise restraint in the size of the stimulus package, he
proposed a stimulus of $233 billion.

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