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Romney on the 47 Percent Comment: I Said Something That’s Completely Wrong

topnotch Wrote: Oct 05, 2012 2:17 PM
ROMNEY on cutting the deficit: “Obamacare’s on my list. … I’m going to stop the subsidy to PBS. … I’ll make government more efficient.” THE FACTS: Romney has promised to balance the budget in eight years to 10 years, but he hasn’t offered a complete plan. Instead, he’s promised a set of principles, some of which — like increasing Pentagon spending and restoring more than $700 billion in cuts that Democrats made in Medicare over the coming decade — work against his goal. He also has said he will not consider tax increases.He pledges to shrink the government to 20 percent of the size of the economy, as opposed to more than 23 percent of gross domestic product now, by the end of his first term. The Romney campaign estimates that would require
topnotch Wrote: Oct 05, 2012 2:18 PM
cuts of $500 billion from the 2016 budget alone. He also has pledged to cut tax rates by 20 percent, paying for them by eliminating tax breaks for the wealthiest and through economic growth. To fulfill his promise, then, Romney would require cuts to other programs so deep — under one calculation requiring cutting many areas of the domestic budget by one-third within four years — that they could never get through Congress. Cuts to domestic agencies would have to be particularly deep.
But he’s offered only a few modest examples of government programs he’d be willing to squeeze, like subsidies to PBS and Amtrak. He does want to repeal Obama’s big health care law, but that law is actually forecast to reduce the deficit.
restoreliberty Wrote: Oct 05, 2012 3:18 PM
that they could never get through Congress - with a majority in the House (which the republicans already have) and a majority in the Senate (which the republicans are going to have) these cuts will sail right through.

He does want to repeal Obama’s big health care law, but that law is actually forecast to reduce the deficit. -- Not according the latest CBO report it isn't.

 

When Mitt Romney was first given the opportunity to further explain the ’47 percent’ remark he made at a fundraiser in May he said it wasn’t ‘elegantly’ stated. Essentially, the comment represented his beliefs about government dependency in ‘Obama’s America’ or, ‘trickle-down government’ as he described during the debate. In an interview with Sean Hannity, however, Romney changed his tune:

In an interview Thursday night with Fox News, Romney was asked what he would have said had the "47 percent" comments come up during his debate in Denver on Wednesday night with President Barack...

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