Governor Christie delivers the keynote address at the GOP Convention.
"The Federal government needs to learn to say 'no'..."
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As convention speeches go, this is outstanding.
Christie is a much better candidate than Romney. It's not even close. If the goal is to get to balanced budgets (or near) within 5 years, he's the guy. He tells the truth about entitlement and deficit issues, which is rare. And he has a proven track record of cutting spending in New Jersey against the powerful wishes of a ridiculously-entrenched state deficit machine. That being said, as we wrote in the Ann Romney story, it's not going to be easy for anyone to enact substantial spending cuts in Washington until the bond market vigilantes finish with Europe and start sending Treasury debt bombs our direction.
Have panic, will act. Until then, expect nothing.
Spend and pretend, hope and pray, can we borrow our 43 cents any other way?
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Christie on the differences between Democrats and Republicans.
Full transcript of Christie's speech