"I would vote to increase the debt limit if there was a corresponding level of cuts. And if there was some serious talk about a balanced budget amendment, which we as governors always had to deal with"

In this quote, Jon Huntsman, Jr. is revealing his viewpoint on the debt limitation. He is suggesting that he would be in favor of increasing the debt limit if it was accompanied by a matching level of cuts. He likewise recommends that there need to be serious discussion about a well balanced spending plan amendment, which he recognizes with from his experience as a guv. This quote indicates that Huntsman is in favor of financial duty and believes that the financial obligation limitation should not be increased without a strategy to decrease the debt. He believes that a well balanced spending plan modification is essential to guarantee that the government is not spending more than it can pay for. Huntsman's viewpoint shows a desire to make sure that the federal government is not taking on more financial obligation than it can manage.