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Pence addresses Detroit Economic Club

In a speech today to the Detroit Economic Club, Indiana Congressman -- and potential presidential candidate -- Mike Pence outlined his agenda to grow the economy and restore what he called "American exceptionalism."

“To restore American exceptionalism, we must end all this Keynesian spending and get back to the practice of free market economics," he said. "The free market is what made America’s economy the greatest in the world, and we cannot falter in our willingness to defend it.”

In outlining his economic agenda, Pence used the acronym S.T.A.R.T:
S - Sound monetary policy
T - Tax relief and reform
A - Access to American energy
R - Regulatory reform
T - Trade

Answering audience questions after his speech, Pence addressed the possibility of a 2012 presidential run. "Well, let me say my little family and I have been humbled at the encouragement," he said, sidestepping a direct answer. His hope is whoever runs will "embrace the ideas that I have expressed in Detroit."