Judge Jim Gray, the Libertarian candidate for Vice President of the United States, was in Beloit Thursday to talk about his campaign and his running-mate Libertarian presidential candidate, former New Mexico Governor Gary Johnson.

Gray said the election centers around three things the economy, jobs and education.

For every dollar that America spends, 43 cents is borrowed, he said. We will submit a balanced budget that literally means we will reduce government spending by 43 percent.

To do that, Gray said, the government should withdraw troops around the world in countries that are allies with the United States including Somalia, Sudan, Yemen and Afghanistan. He also said the number of U.S. bases around the world should be reduced to only those that are completely necessary to the country's safety.

We have somewhere between 900 and 1,000 military bases around the world, he said. If they are necessary for our security, keep them, reinforce them, but most of them are not. Close those down and bring those troops home. It's much better to have them stationed in Wisconsin or New Jersey over Germany or Japan.

Gray said he knows the odds of his ticket taking the presidency are slim, but he hopes to capture at least 5 percent of the vote.

If Johnson and Gray can capture that many votes, it will ensure the Libertarian Party qualifies for public financing in the next presidential election. Gray said government involvement in healthcare only hurts the system, and they would also work on repealing most of Obamacare.

There will be a safety net for people, but the government is the last resort instead of the first resort, Gray said. Just like the shoes on your feet, you buy what you want for what you want to pay.

Gray said he doesn't believe Romney will repeal the healthcare law because it was modeled after the bill Romney signed as governor in Massachusetts.

In order to increase jobs, Gray said he and his running-mate will work on repealing the income tax and shutting down the IRS.

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Libertarian veep candidate talks policy