Wednesday, September 14, 2011

($MACRO) Republican presidential hopeful Rick Perry said on Tuesday Washington lawmakers need the equivalent of a 12-step addiction-fighting program to break their overspending habit.
"Admit you are powerless over your spending addiction and that your budget has become unmanageable. Just admit it," Perry said in a speech to a conservative public policy group in Boston.
Excess federal spending is "generational theft" that "jeopardizes our children's futures," said Perry, calling for "sound fiscal policies that remove the millstone that will sink future generations."-Reuters

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