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• Romney said that America is going through extraordinary
times and a well crafted stimulus plan is needed to put people
back to work.
• He criticized that the Obama spending bill will only
stimulate the government and not the economy.
• Romney believes that permanent tax cuts should be the
centre of the economic stimulus.
• He thinks that any new spending should be limited to
projects that are essential and which would bring an immediate
positive impact.
• Romney supported repairing and replacement of military
equipment that was destroyed in Iraq, Kuwait and Afghanistan.
• He believed that sending out rebate checks to citizens
and businesses was not a tax cut. These are actually refunds. He
said this method was tried in 2008 and it did nothing to jump
start the economy.
• Once the economy revives he suggested gaining control
over the federal budget and also on over entitlement spending on
Social security and Medicare.
• Romney thinks that America needs to prove that it will
put a stop to run away spending and borrowing, only then the
dollar will hold good value in the currency market.
• The nation must begin to recover the vast losses in the
capital investment pool. The best way to do this is convince the
people that there will be no increases on investment and capital
gains.
• Romney believes only the private sector entrepreneurs
can create the millions of jobs that the country needs.
• Finally the government needs to exercise restraint in
the size of the stimulus package, he proposed a stimulus of $233
billion.
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• Mike Huckabee aims at expanding the 'Hope Now' program
which is a voluntary alliance between the government and subprime
lenders to helped troubled borrowers.
• He proposes various tax cuts and finally abolishing the
income tax with sales tax.
• Build a homeland security fence along the Mexican border
to prevent illegal workers from entering the country.
• Huckabee would increase the usage of wind power and
decrease dependence on foreign oil.
• Abolish marriage penalty and death tax and advocate
further tax cuts.
• Extend rebate to all purchases made below the poverty
line so that the poor are not taxed.
• Increase defense spending by $200 billion.
• Extend expiring tax cuts from Bush's term and make
college fees deductible.
• Mike Huckabee proclaimed that he would not support any
new taxes but would concentrate on reducing federal spending.
• Huckabee did say if we enter a new level of war there
would be no choice but to raise the taxes.
• He supports flat tax, globalization and line item veto
power believing that the line item veto power will help to curb
spending.
• He supports free trade to rake in more revenue but
insists it has to be fair trade.
• In order to decrease spending he said he would get rid
of the Inland Revenue Service and revamp Department of Homeland
Security.
• Huckabee advocates reigning in out of control spending
to balance the budget
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