Three years later, we have three balanced budgets with lower taxes.
We did it.
They said it was impossible to touch the third rail of politics. To take on the public sector unions and to reform a pension and health benefit system that was headed to bankruptcy.
With bipartisan leadership we saved taxpayers $132 billion over 30 years and saved retirees their pension.
We did it.
They said it was impossible to speak the truth to the teachers union. They were just too powerful.
Real teacher tenure reform that demands accountability and ends the guarantee of a job for life regardless of performance would never happen.
For the first time in 100 years with bipartisan support, we did it.
The disciples of yesterday's politics underestimated the will of the people. They assumed our people were selfish; that when told of the difficult problems, tough choices and complicated solutions, they would simply turn their backs, that they would decide it was every man for himself.
Instead, the people of New Jersey stepped up and shared in the sacrifice.
They rewarded politicians who led instead of politicians who pandered.
We shouldn't be surprised.
We've never been a country to shy away from the truth. History shows that we stand up when it counts and it's this quality that has defined our character and our significance in the world.
I know this simple truth and I'm not afraid to say it: our ideas are right for America and their ideas have failed America.
Let's be clear with the American people tonight. Here's what we believe as Republicans and what they believe as Democrats.
We believe in telling hard working families the truth about our country's fiscal realities. Telling them what they already know - the math of federal spending doesn't add up.
With $5 trillion in debt added over the last four years, we have no other option but to make the hard choices, cut federal spending and fundamentally reduce the size of government.