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Mitt Romney Breaks Silence on Debt Ceiling

TIM SLOAN/AFP/Getty Images(PORTSMOUTH, N.H.) -- It didn’t take long for Mitt Romney to field a question on the debt ceiling negotiations Thursday during an event at the Portsmouth Rotary Club in New Hampshire.

After Romney’s opening remarks -- and promising the audience that he wasn’t going to “be the cure to their insomnia” -- he took questions from the audience.

The first one asked what he would do regarding the debt ceiling if he were president.

“The answer for the country is for the president to agree to cut federal spending and cap federal spending and put into place a balanced budget amendment,” said Romney. “That for me is the line in the sand.

“It is within the president’s power to say to the leadership in the House and the Senate that 'I’ll cut spending, I’ll cap the amount of spending, and I’ll pursue a balanced budget amendment.' And if the president were to do that, this whole debt limit problem goes away,” he said.

Copyright 2011 ABC News Radio

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