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Huntsman makes it official

With the Statue of Liberty in the background, former Utah Gov. Jon Huntsman officially announced his campaign for the Republican presidential nomination. 

Huntsman -- who most recently served as President Obama's ambassador to China -- used his announcement to introduce himself to the voters as a former governor, businessman, husband, and father.

But Huntsman's announcement was largely about the fiscal challenges facing the country. "Today, Americans are experiencing -- through no fault of their own -- something that is totally alien to them: a sense that the deck is stacked against them by forces totally beyond their control," he said. "No matter how hard they work, save and plan, the opportunities aren't there for them that were present for previous generations.

He cited his record as governor of Utah, where "we cut taxes, we flattened rates, we balanced our budget" to support his plan to create jobs.

"When the economic crisis hit, we were prepared," Huntsman said.  "By many accounts, we became the best state in America for business. We also were named the best-managed state in America."

Huntsman tied his foreign-policy strategy, which includes the "end of these conflicts," to fixing the financial situation in the United States.

"It's not that we wish to disengage from the world," he said. "We believe the best long-term national security strategy is rebuilding our core here at home."

Huntsman also said he would conduct his campaign "on the high road." He said there will be "disagreements" with the other candidates, but that he respects all the Republican candidates and his former boss.

"I respect the president," Huntsman said. "He and I have a difference of opinion on how to help the country we both love. But the question each of us wants the voters to answer is who will be the better president; not who's the better American."