Widely recognized for his leadership and accomplishments as a public servant and in private enterprise, former Massachusetts Governor Mitt Romney currently serves as the Honorary Chairman of the Free and Strong America PAC.
In 2008, Governor Romney was a leading candidate for the Republican presidential nomination and distinguished himself as an important voice in favor of strengthening our economy, military, and families. Elected Governor of Massachusetts in 2002, Governor Romney presided over a dramatic reversal of state fortunes and a period of sustained economic expansion. Without raising taxes or increasing debt, Governor Romney balanced the budget every year of his administration, closing a $3 billion budget gap inherited when he took office. By eliminating waste, streamlining the government, and enacting comprehensive economic reforms to stimulate growth in Massachusetts, Romney got the economy moving again and transformed deficits into surpluses. One of Governor Romney’s top priorities as Governor was reforming the education system so that young people could compete for better paying jobs in the global economy of the future. Romney was CEO of Bain & Company, co-founded Bain Capital and served as the CEO of the 2002 Winter Olympics. Born in 1947, Romney earned his B.A. at Brigham Young University and his J.D. and M.B.A. from Harvard University.
Question: What do you make of Giuliani’s critique of your economic and health care records?
Mitt Romney: Gosh, I’m pretty happy with my record. Mayor Giuliani better pay more attention to his own. As a matter of fact let’s compare our financial matters. When Mayor Giuliani left the city of New York, he left it with a $3 billion budget deficit. And the new Mayor, Mayor Bloomberg, said it was an economic crisis he would never leave to his successor. In my case, when I left my office, I left a $2 billion rainy day fund for the governor that followed me, and a $500 million surplus in the last budget year. So I’m pretty proud of what I did financially. The other was healthcare. And you know I think I’m the only governor in America – frankly the only politician in America, along with my friends here in Massachusetts that found a way to bring down the cost of health insurance – the premiums of health insurance – to get everybody insured with free market insurance. Those that haven’t been insured now get free market insurance. And finally to do so without raising taxes or having the government take over health care. So what I did has begun a bit of a national revolution relating to health care. I’m proud of what I accomplished. I think you’re gonna see a number of other states following suit. And my national plan would put into place the ability of every American to have affordable insurance they couldn’t lose. It’s portable. It’s theirs. It’s not owned by their company, and it’s something which I think will change . . . help change the health care system in this country.
Recorded on: 11/26/07