Ron Paul won’t endorse Romney, cites more of the same

Texas Republican congressman Ron Paul pointedly refused to endorse his party’s presidential contender, Mitt Romney, arguing that neither he nor President Barack Obama would make necessary cuts to public spending that would avert a fiscal catastrophe.

“No,” the iconoclastic Libertarian bluntly told CNBC’s “ Futures ,” when asked about whether he was prepared to endorse Romney. He accused both the former Massachusetts governor and the president of being captive to similar interests.