3:13 pm - Sunday December 16, 8801

Respuesta de Obama for America a las declaraciones del Congresista Ryan en Colorado Springs

“Anoche, el Presidente Clinton acertó al decir que los “cálculos” Romney-Ryan simplemente no cuadran. Mitt Romney y el congresista Ryan aumentarían los impuestos de la clase media, convertirían Medicare en una libreta de cupones y harían severos recortes a la educación y a la infraestructura para pagar reducciones de impuestos para millonarios y multimillonarios. Y no han proporcionado detalles de como reducirían nuestro déficit, mientras economistas independientes han dicho que su plan no haría nada para generar empleo de inmediato. Al parecer, Mitt Romney y el congresista Ryan creen que pueden dirigir una campaña seria sin argumentos sustanciales pero el pueblo estadounidense merece algo mejor.”—Gabriela Domenzain, vocera de la campaña

 

 

ROMNEY PROPOSED $5 TRILLION IN NEW TAX CUTS – WHICH WOULD SHOWER MILLIONAIRES AND BILLIONAIRES WITH EVEN MORE BENEFITS WHILE RAISING TAXES ON THE MIDDLE CLASS – BUT THE ONLY SPECIFICS ROMNEY HAS LAID OUT “WOULD MAKE THE DEFICIT BIGGER, NOT SMALLER, AND ADD TO THE DEBT, NOT SUBTRACT FROM IT”

 

Center On Budget And Policy Priorities: Romney’s New Tax Cuts Would Cost $4.9 Trillion Over A Decade, On Top Of The Cost Of Extending The Bush Tax Cuts. “The Tax Policy Center estimates that the Romney tax plan would lose about $480 billion in tax revenue in calendar year 2015, beyond the revenues losses inherent in maintaining current policy (such as continuing all of the 2001 and 2003 Bush tax cuts).  Over the 2014-2022 period, that implies a total reduction in revenues of about $4.9 trillion, relative to current tax policy.” [Center on Budget and Policy Priorities, 5/21/12]

 

Wall Street Journal: “A New Study Released Wednesday Suggests That Mitt Romney’s Tax Plan Would Benefit The Rich And Hurt The Poor And Middle Class, No Matter How Current Blanks In The Plan Are Filled In.”” [Wall Street Journal, 8/1/12]

 

Los Angeles Times: “Romney Says He Wants To Balance The Budget Within Four Years, But He Has Not Spelled Out A Plan To Do So.” [Los Angeles Times, 8/27/12]

 

  • ·         Los Angeles Times: Romney Has Only Spoken In Specifics About Plans That “Would Make The Deficit Bigger, Not Smaller, And Add To The Debt, Not Subtract From It.” “Romney says he wants to balance the budget within four years, but he has not spelled out a plan to do so. Instead, most of the plans he has talked about specifically – significant new tax cuts, increased defense spending, no changes in Medicare or Social Security until people now 55 reach retirement age, postponing the automatic spending cuts scheduled to start Jan. 1 – would make the deficit bigger, not smaller,  and add to the debt, not subtract from it.” [Los Angeles Times,8/27/12]

 

THE ROMNEY-RYAN PLAN WOULD END MEDICARE AS WE KNOW IT – TURNING IT INTO A VOUCHER SYSTEM…

 

Romney: “Paul Ryan And My Plan For Medicare I Think Is The Same, If Not Identical It’s Probably Close To Identical.” [WBAY (Green Bay, WI), 8/15/12]

 

New York Magazine’s Jonathan Chait: President Obama’s Argument That Romney Would “End Medicare As We Know It” Is “Undeniably True.” “Today President Obama talks Medicare in Florida and argues that Mitt Romney will ‘end Medicare as we know it.’ The claim is undeniably true, though keep in mind that ‘as we know it’ is a fairly elastic term.” [Jonathan Chait, New York Magazine, 7/19/12]

 

Romney Adviser Tara Wall Said Romney And Ryan “Are Certainly 100% On The Same Page And On The Same Path Relative To Saying That We Have To Reform Medicare, Offering Options Like Vouchers.” [CNN Newsroom, CNN, 8/14/12]

 

  • ·         Bloomberg: “Ryan’s Budget Bill Also Would End Traditional Medicare By Capping Spending And Offer Vouchers To Buy Private Insurance.” [Bloomberg, 8/13/12]

 

  • ·         Romney’s Medicare Plan: “Medicare Is Reformed As A Premium Support System, Meaning That Existing Spending Is Repackaged As A Fixed-Amount Benefit To Each Senior That He Or She Can Use To Purchase An Insurance Plan.” [Romney Press Release, Spending Plan – “Cut The Spending,” 11/4/11]

 

  • ·         Reuters: “Ryan’s Plan Calls For An End To The Guaranteed Benefit In Medicare And Replaces It With A System That Would Give Vouchers To Recipients To Pay For Health Insurance.” [Reuters,8/12/12]

 

THE ROMNEY-RYAN BUDGET WOULD SLASH INVESTMENTS IN EDUCATION AND INFRASTRUCTURE

 

Ryan’s Budget Would Cut “The Department Of Education … By More Than $115 Billion Over A Decade.” “Yesterday, House Republicans released their budget resolution for FY 2013 … On top of the roughly $1 trillion in cuts in the Budget Control Act, it would be difficult to overstate the radicalism of the domestic cuts proposed by the House budget resolution. In 2013, it would cut annual non-defense funding by 5 percent. By 2014, the resolution would cut this funding by 19 percent in purely nominal terms… The Department of Education would be cut by more than $115 billion over a decade.” [Jeff Zients, Acting Director of the Office of Management and Budget, WH.gov,3/21/12]

 

The Ryan Budget Suggested Eliminating Key Investments In Infrastructure, Including High-Speed Rail And Transit New Starts. “Finally, as I wrote last week, the GOP Budget resolution doesn’t specify where all their cuts would come from.  That’s still true; there is still an $897 billion allowance for cuts that are not specified.  But the new report does list some ‘illustrative options’—‘serious proposals’ that the House Republicans’ Budget supports. These include… Eliminating key investments in infrastructure, including high-speed rail and transit new starts, which are central to giving the country the roads, rails, and bridges that American businesses need to compete in the 21st century.” [Jeff Zients, Acting Director of the Office of Management and Budget, WhiteHouse.gov, 3/28/12]

 

ECONOMISTS SAY ROMNEY’S ECONOMIC POLICY PLANS WOULD “DO MORE HARM IN THE SHORT TERM” AND “PUSH US DEEPER INTO RECESSION AND MAKE THE RECOVERY SLOWER”

Washington Post Headline: “Economists: Romney’s Ideas Wouldn’t Fix Short-Term Crisis, And Could Make Things Worse.”  [Greg Sargent, Washington Post, 6/7/12]

 

Senior Adviser At Moody’s Analytics Mark Hopkins: Romney’s Policies “Would Do More Harm In The Short Term” And “If We Implemented All Of His Policies, It Would Push Us Deeper Into Recession And Make The Recovery Slower.” Asking whether Romney’s economic policy ideas would create jobs in the short-term: “‘On net, all of these policies would do more harm in the short term,’ added Mark Hopkins, a senior adviser at Moody’s Analytics. ‘If we implemented all of his policies, it would push us deeper into recession and make the recovery slower.’” [Greg Sargent, Washington Post, 6/7/12]

 

Nobel Prize-Winning Economist Joseph Stiglitz: “The Romney Plan Is Going To Slow Down The Economy, Worsen The Jobs Deficit And Significantly Increase The Likelihood Of A Recession.” “Nobel Prize-winning economist Joseph Stiglitz said the election of Mitt Romney as president in November would ‘significantly’ raise the odds of a recession because it would herald a shift to a much tighter budget… ‘The Romney plan is going to slow down the economy, worsen the jobs deficit and significantly increase the likelihood of a recession,’ said Stiglitz, who served as chairman of President Bill Clinton’s Council of Economic Advisers from 1995 to 1997.” [Bloomberg,6/5/12]

 

Center For American Progress Action Fund Report: “By A Conservative Tally, Gov. Romney’s 59-Point Plan Would Actually Cost The Economy About 360,000 Jobs In 2013 Alone.” [Center For American Progress Action Fund, The Romney Economic Agenda and Its Effect on the Middle Class and Growth, p. 39, July 2012]

 

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