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Romney: No Nation Big Enough

In Fri. speech to DC Americans for Prosperity confab, frontrunner hits Obama for spending, warns America on the road to fiscal ruin.

Romney: "There is no nation big enough to bail us out."

Obama camp responds: "Mitt Romney’s proposal takes us in exactly the opposite direction: it places a great burden on the middle class and the elderly and...continues to offer special breaks for large corporations, millionaires and billionaires."

Read the transcript of Romney's speech here.

Proposes privatizing parts of Medicare, promises to "protect and improve" the program without hiking taxes and targets Obama for cutting Medicare to pay for his health care reforms.

Touts private sector background, role in rescuing Salt Lake Olympic and balanced budget record in MA: "No one will need to teach me how to balance budgets."

Chicago brackets: memo from Obama for America policy director hits on “tax cuts for corporations and the wealthy” — read it here.

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