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Monday, September 17, 2012

Romney plans $500 billion per year cut in federal spending | The Daily Caller

Romney plans $500 billion per year cut in federal spending | The Daily Caller

Mitt Romney is launching a “renewed emphasis” on specifics related to policies he would advance as president, his campaign said Monday, including how he plans to cut $500 billion in annual federal spending.
“These things will result in about $500 billion a year by the end of his first term,” Romney campaign senior adviser Ed Gillespie explained in a Monday conference call.
Gillespie said Romney would “look to increase the productivity of Washington by reducing federal government employment by 10 percent through attrition, and combine agencies and departments to reduce overhead, and link government compensation to that of the private sector.”
Romney, he added, would “limit spending for programs that have been growing uncontrollably fast,” including Medicaid, which he would turn back to the states. He would also limit funding increases to the inflation rate plus one percent.
“We think people will be appreciative to hear some of those kinds of specifics,” Gillespie said, explaining the renewed focus is meant to target independent voters who the campaign believes are just now tuning in to the election.
“A lot of those voters who are in the middle and truly independent, undecided, are looking for information now,” he said.

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