Perot launches Web site about government spending - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Perot launches Web site about government spending

DALLAS (AP) - With another presidential election only months away, have you wondered what ever happened to former independent candidate Ross Perot?

Well, the billionaire Texan is taking to the Internet.

He's started a Web site to highlight what he calls the "economic crisis" facing the country because of deficit spending. He says the site is nonpartisan. is a play on Perot's use of economic charts in political advertisements during his 1992 and 1996 presidential campaigns.

In a statement, Perot says the nation's debt reached $9.4 trillion in April and is rising more than 1 billion a day. And he says "We are leaving our children and grandchildren with debt they cannot possibly pay."

Perot, who is 77, founded Electronic Data Systems and later Perot Systems. Both provide technology services to other companies and government agencies.

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