Earlier this year I launched No American Debt to put a focus on our debt crisis.

President Obama and his misguided policies are bankrupting America, stealing from our children's future and he must be defeated next November. It is incumbent on our party to come forward with serious solutions to preserve our future and ensure America's continued greatness. I remain committed to the advancement of real, politically viable reforms to entitlements and rolling back the size and cost of the federal government. At this time, I will continue to do this as the leader of No American Debt and not as a candidate for president. Throughout the coming months I will remain active in this important discussion and support the candidate who offers the vision, the ideas and the leadership to bring an end to America's debt crisis.