Better go read your own citation a bit more closely. "KING: FEMA is about to run out of money, and there are some people who say do it on a case-by-case basis and some people who say, you know, maybe we're learning a lesson here that the states should take on more of this role. How do you deal with something like that?" "ROMNEY: Absolutely. Every time you have an occasion to take something from the federal government and send it back to the states, that's the right direction. And if you can go even further and send it back to the private sector, that's even better." He said it was immoral to keep racking up debt. He did not say we should eliminate FEMA.