Rick Perry addressed young Americans as he announced Thursday he is running for the Republican nomination for president.
From the former Texas governor's prepared remarks, e-mailed by his campaign:
Debt is not just a fiscal nightmare, it is a moral failure. Let me speak to the millennial generation: massive debt, passed on from our generation to yours, is a breaking of the social compact.
You deserve better. I am going to offer a responsible plan to fix the entitlement system, and to stop this theft from your generation.
Perry announced his second run for the White House outside Dallas.