I ran for president in order to be able to try to change Washington D.C. from the inside. Our federal government is broken.

We have in this country a federal government that increasingly is engaged in trying to determine which business which regions which industries will succeed which will not through a whole range of economic development regional development corporate subsidization programs.

My approach to cutting spending as president is to do a ten percent across the board cut of all federal agencies and then ask each of my new agency heads to find another ten percent by drilling down. That's what you do in business to come up with approximately 20 percent cuts for the first fiscal year budget.