It should be noted that Governor Romney would likely have supported some kind of fiscal stimulus, as well. However, his stimulus package might have been more heavily weighted in the direction of tax cuts. The one issue associated with such an approach is that it would increase the structural deficit if the cuts were made permanent and those cuts would need to be offset by either closing tax loopholes/eliminating deduction (in exchange for lower rates) or cutting spending elsewhere afterward to be budget-neutral in the long-run.
Overall, once the economy has been stabilized and is again growing, the federal government should make it a priority to begin addressing its long-term fiscal imbalances. The added debt accumulated in recent years, both before and after the current economic crisis, adds to the urgency of that task.