Romney Record of Strong Fiscal Leadership

Governor Romney HasA Strong Record Of Fiscal Res ponsibility:

The Club For Growth: Governor Romney "Imposed Some Much-Needed Fiscal Discipline On A Very Liberal Massachusetts Legislature."

· The Club For Growth: "On balance, his record comes out more positive than negative, especially when one considers that average spending increased only 2.22% over his four years, well below the population plus inflation benchmark of nearly 3%." (TheClub For Growth, "Mitt Romney's Record On Economic Issues," PressRelease, 8/21/07)

Governor Romney Closed A Nearly $3 Billion Shortfall Without Raising Taxes. "When Mitt Romney became governor of Massachusetts in 2003, the state had a budget gap of almost $3 billion and was losing thousands of jobs a month. In Mr. Romney's four-year tenure, the deficit was eliminated without raising the sales tax or the income tax, and since the labor slump hit bottom in December 2003, the state has gained 81,000 jobs." (Pam Belluck, "Romney CandidacyPuts Massachusetts Economy In Spotlight," The New York Times , 3/16/07)

· To Close The Budget Gap, Governor Romney Forced The Legislature To Pass "Tremendous Spending Cuts." (The Club For Growth, "Mitt Romney's Record OnEconomic Issues," Press Release, 8/21/07)

Governor Romney Vetoed Hundreds Of Millions Of Dollars In Spending:

For All Four Of The Fiscal-Year Budgets That Crossed His Desk, Governor Romney Used The Line-Item Veto Power More Than 800 Times. Over the course of four budgets, Governor Romney made over 300 line-item reductions, 350 line-item eliminations and struck language 150 times. (Chapter 26Of The Commonwealth Of Massachusetts Acts Of 2003, Governor's Veto Message,6/30/03; Chapter 149 Of The Commonwealth Of Massachusetts Acts Of 2004,Governor's Veto Message, 6/25/04; Chapter 45 Of The Commonwealth OfMassachusetts Acts Of 2005, Governor's Veto Message, 6/30/05; Governor Mitt Romney,Memo To The Senate And House Of Representatives Of The Commonwealth OfMassachusetts; Fiscal Year 2007 General Appropriations Act Veto Items: LineItem Accounts, 7/8/06)

· Beacon Hill Institute ExecutiveDirector David Terck: "He Vetoed Hundreds Of Millions Of Dollars InSpending." (Fox News' "Journal EditorialReport," 3/31/07)

Governor Romney Cut The Size Of Government:

Governor Romney Successfully Consolidated And Restructured Several Government Agencies. "To his credit, Romney attempted to cut down on government spending by streamlining many duplicative and wasteful elements of Beacon Hill.… Governor Romney successfully consolidated the social service and public health bureaucracy and restructured the Metropolitan District Commission. Romney even eliminated half of the executive branch's press positions, saving$1.2 million. "