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Perry, Romney Call For Balanced Budget Constitutional Amendment

Oct. 11 (Bloomberg) -- Texas Governor Rick Perry and former Massachusetts Governor Mitt Romney both called for a balanced budget amendment to the U.S. Constitution as a solution to rising federal debt.

Perry said Americans “always hear the siren song” from politicians who promise to cut spending, yet never do it.

Perry and Romney spoke at a debate sponsored by Bloomberg LP and The Washington Post in Hanover, New Hampshire.

To contact the editor responsible for this story: Bob Drummond at bdrummond@bloomberg.net

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