PRESS RELEASE from RNC Committee on
Arrangements
FOR IMMEDIATE
RELEASE |
Contact:
James
Davis or Kyle Downey |
August 27, 2012 |
|
Convention
to
Start Second Debt Clock Inside Tampa Bay Times Forum
Will tally America's
national debt incurred during the GOP's four-day meeting
Tampa, Fla.
- When Republican National Committee Chairman Reince Priebus gavels the
convention to order today, a second national debt clock will be
activated, this one measuring increases in U.S. indebtedness during the
four days of the convention.
Priebus announced yesterday that
another debt clock will measure the entire federal debt, now
approaching $16 trillion. Both will be ticking away in full view
of
convention attendees and television cameras from a location inside the
Tampa Bay Times Forum.
"The first clock will bring home the
full magnitude of the problem, while this second clock will impress
upon the nation just how much our government overspends in the span of
only four days," said Priebus. "Both clocks highlight the magnitude of
our debt problem."
The record-high national debt stands at $15.9
trillion, with nearly a third of this overspending the direct
responsibility of this President.
"Mitt Romney and Paul Ryan
understand that burdening our children with such massive debt is a loan
on their future," Priebus said. "We can do better than this, and on day
one of the Romney-Ryan Administration, Mitt Romney will take immediate
action to cut federal spending and bring the debt under control."
When
he was sworn in as governor of Massachusetts, Mitt Romney inherited a
$3 billion budget gap, Priebus recalled. "Thanks to bold,
sensible
cost-cutting efforts he initiated, Governor Romney left the taxpayers
with a $2 billion surplus - a 'rainy day' fund - just four years later."
###
About the 2012 Republican National Convention
The 2012 Republican National Convention will be held at the Tampa Bay
Times Forum August 27-30, 2012. Nearly 50,000 visitors are
expected to
come to the Tampa Bay area for the event, including delegates,
alternate delegates, media and other guests. For more information
about the 2012 Republican National Convention, become part of the
virtual convention at
www.ConventionWithoutWalls.com,
visit
our website www.GOPConvention2012.com
and check out our official blog, Conventional Wisdom, at www.gopconvention2012.com/blog/.