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Mitt Romney Delivers Economic Address in Iowa

Des Moines, Iowa
Tuesday, May 15, 2012

Republican Presidential candidate Mitt Romney in Iowa today called the nation's debt "America's nightmare" and talked about his plans to reduce federal spending as well as the deficit. This was the first time the former Governor campaigned in the Hawkeye state since placing second in the Iowa Republican caucuses in January.

"A prairie fire of debt is sweeping across Iowa and our nation, and every day we fail to act we feed that fire with our own lack of resolve. This is not a Democratic or Republican problem. That fire could care less if you have a donkey or an elephant in your front lawn, it’s still coming for your house.” His event was held in Des Moines at the same hotel as his speech following the results of the Iowa caucuses.

Rep. Steve King (R-IA) announced Mitt Romney's visit to Iowa on a Republican National Committee conference call with reporters on Monday. He said the focus of former Governor's speech would be on President Obama’s “out of control spending." The Congressman also said  the Romney campaign along with the RNC are planning to conduct week long messages on the President's “debt, deficit and spending failures.”

Tuesday, the Romney campaign released an online-only video, “A Few Of The 23 Million.” The ad focuses on stories of "twenty-three million Americans out of work, underemployed, or have stopped looking for work" as a result of the Obama Administration's economic policies.

Monday, his campaign also released the online ad,"American Dream," which features Indiana-based Steel Dynamics, a steel company they say Bain Capital, the private equity firm Romney co-founded, helped save.

Updated: Thursday, June 21, 2012 at 12:28pm (ET)

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