year than we're taking in." Asked whether by that he specifically meant disaster relief, he replied, "we cannot afford to do those things without jeopardizing the future for our kids. It is simply immoral, in my view, for us to continue to rack up larger and larger debts and pass them on to our kids, knowing full well that we'll all be dead and gone before it's paid off. It makes no sense at all." The Romney campaign told reporters in October 2012, as the nation's East coast braced for Hurricane Sandy, that "Gov. Romney believes that states should be in charge of emergency management in responding to storms and other natural disasters in their jurisdictions. ... As the first responders, states are in the best position to aid affected individuals and communities and to direct resources and assistance to where they are needed most. This includes help from the federal government and FEMA." The Romney campaign released a statement following the storm stating, "I believe that FEMA plays a key role in working with states and localities to prepare for and respond to natural disasters. As president, I will ensure FEMA has the funding it needs to fulfill its mission, while directing maximum resources to the first responders who work tirelessly to help those in need, because states and localities are in the best position to get aid to the individuals and communities affected by natural disasters." Finance Romney says a major contributor to America's faltering economy has been what he views as excessive regulation. He has promised to repeal the Dodd–Frank Wall Street Reform and Consumer Protection Act. The Act implemented Wall Street reform with goals that included "improving accountability and transparency in the financial system" and protecting consumers. Romney criticized the Act as being "overwhelming" in length, but he said that one provision, distinguishing between home mortgages and high-risk securities in terms of the capital requirements, "does make sense", and the Sarbanes-Oxley Act, which was enacted to prevent accounting scandals such had occurred with the Enron corporation, with plans to eventually replace them with more streamlined regulations. He also proposes instituting measures that would make it more difficult for federal agencies to impose new regulations. Regarding the Occupy Wall Street protests, Romney has stated he favors growing the middle class but said blaming Wall Street bankers is the wrong way to go. Healthcare Patient Protection and Affordable