Gov. Mitch Daniels: American Debt Is 'The New Red Menace'
The Hoover Institution - Hoover Institution
Mitch Daniels is the forty-ninth governor of Indiana. He served as political liaison to President Ronald Reagan and as director of the Office of Management and Budget under President George W. Bush.
Since 2004 the other forty-nine states in the nation have increased their debt levels by an average of 40 percent. Indiana has paid down its debt by 40 percent. How did Governor Daniels do it? Explaining how he got Indiana's finances under control, Governor Daniels discusses the greatest threat America faces today – the "new red menace" of U.S. debt – calling on Americans to unite to face this menace and defending his call for a "truce" on divisive social issues. He also stakes out his positions on taxes, school choice, and national defense and responds to a question being asked with increasing frequency, "Will he run for president in 2012?"
