Posted at 10:44 PM ET, 10/11/2011

Rick Perry: ‘We need to have a balanced budget amendment’ (Debate video)

Ronald Reagan seems to be making guest appearances lately in both the Democratic and Republican presidential campaigns. On Tuesday night during the Republican debate, moderator Charlie Rose cued a clip of the former president on the matter of tax increases:

“Do we reduce deficits and interest rates by raising revenue from those who are not now paying their fair share, or do we accept bigger budget deficits, higher interest rates and higher unemployment simply because we disagree on certain features of a legislative package which offers hope for millions of Americans at home, on the farm and in the workplace?”

Rose then asked Perry whether he agreed with Reagan. Watch Perry’s response:

By  |  10:44 PM ET, 10/11/2011

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