Kasich talks debt, New Hampshire
Kasich . . . spent time in D.C. where he accepted the Concord Coalition’s “Economic Patriot” Award and led a panel discussion on the nation’s woes.
Kasich, who chaired the House Budget Committee the last time the federal government balanced the budget in 1997, didn’t sound particularly optimistic about the nation’s current spending path.
“The biggest problem with spending is it’s all theoretical and hypothetical,” he said. “Nobody cares.”
He said Republicans and Democrats alike have contributed to the ballooning debt, which he predicts will ultimately have a “dramatic impact” on our economic growth.
“They’re all in the game – all of them,” he said. “Spend money like there’s no tomorrow.”