Mitch Daniels: Support the Boehner plan, don't commit "financial suicide"

Mitch Daniels, whose "red menace" speech earlier this year convinced many he would be the 2012 GOP presidential contender to beat, has just issued this statement urging the Indiana delegation to support the Boehner plan:

“I hope the Indiana Congressional Delegation will support Speaker Boehner’s proposal. The terrifying, nation-threatening debt levels caused by past and present overspending and future overpromising will not be solved by any one action or in any one year. But the Boehner plan begins in the right place, with real spending restraint and would show Americans and world markets that we do not intend to commit financial suicide.  I hope Congress passes it and then begins work immediately on step two of our long march back to national solvency and economic prosperity.”