Former Massachusetts Gov. Mitt Romney, the frontrunner for the Republican presidential nomination, came out with a statement against the bipartisan debt deal:
As president, my plan would have produced a budget that was cut, capped and balanced – not one that opens the door to higher taxes and puts defense cuts on the table. President Obama’s leadership failure has pushed the economy to the brink at the eleventh hour and 59th minute. While I appreciate the extraordinarily difficult situation President Obama’s lack of leadership has placed Republican Members of Congress in, I personally cannot support this deal.
Former Minnesota Gov. Tim Pawlenty’s press aide Alex Conant sent a critical email:
This deal is nothing to celebrate. Only in Washington would the political class think it’s a victory when the government narrowly avoids default, agrees to go further into debt, and does little to reform a spending system that cannot be sustained by our children and grandchildren. While no further evidence was needed, this entire debt ceiling fiasco demonstrates that President Obama must be replaced.
And then Sen. Lindsey Graham (R-SC):
I cannot in good conscience support this deal. Simply stated, it locks us into more debt, bigger government and most devastating of all, a weakened defense infrastructure at a time when we face growing threats.
This agreement adds over $7 trillion in new debt over the next decade and only makes small reductions in future spending. We hardly address the future growth of entitlements, a major contributor of future budgetary problems. Instead of our nation running toward bankruptcy we will be walking toward bankruptcy.
If fully implemented, the consequences to our nation’s defense infrastructure would be severe. And these deep cuts would come at a time when threats to our nation are increasing, not declining. What has happened to the Party of Reagan who viewed the primary purpose of the federal government was to provide a strong national defense?
Heritage Action just announced their opposition to the debt ceiling compromise.