EXCLUSIVE — Eric Hovde, the Wisconsin Republican aiming to take on incumbent Sen. Tammy Baldwin (D-WI), said he wants to help prevent a looming fiscal crisis.

During a Friday interview with the Washington Examiner, Hovde, a 59-year-old businessman, said he hopes to get the economy out of the “debt hole” it is in should voters send him to Washington, D.C. His economic vision entails righting the country’s fiscal ship through cuts to spending and other changes.