Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
2016 Postmortem
Related: About this forumEzra Klein: Mitt Romney’s budget in less than 150 words
http://www.washingtonpost.com/blogs/ezra-klein/post/mitt-romneys-budget-in-less-than-150-words/2011/08/25/gIQATzJRaR_blog.htmlMitt Romneys budget in less than 150 words
Posted by Ezra Klein at 05:40 PM ET, 02/25/2012
Money comes into the federal government through taxes and bonds. The vast majority of it is then spent on old-people programs, poor-people programs, and defense.
Mitt Romney is promising that taxes will go down, defense spending will go up, and old-people programs wont change for this generation of retirees. So three of his four options for deficit reduction taxes, old-people programs, and defense are now either contributing to the deficit or are off-limits for the next decade.
Romney is also promising that he will pay for his tax cuts, pay for his defense spending, and reduce total federal spending by more than $6 trillion over the next 10 years. But the only big pot of money left to him is poor-people programs. So, by simple process of elimination, poor-people programs will have to be cut dramatically. Theres no other way to make those numbers work.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
4 replies, 1519 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (10)
ReplyReply to this post
4 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Ezra Klein: Mitt Romney’s budget in less than 150 words (Original Post)
babylonsister
Feb 2012
OP
lovemydog
(11,833 posts)1. increased homelessness
greater suffering
Hey Mitt - fuck you!
Iceberg Louie
(190 posts)2. That's ok, though.
Mittens doesn't care about poor people, though. He believes they're doing just fine. So why worry about maintaining their programs. Or, as Little Ricky put it, "mak(ing) 'blighted' people's lives better by giving them other people money."
babylonsister
(171,111 posts)3. Hey, Iceberg Louie, welcome to DU! nt
LiberalFighter
(51,349 posts)4. Wouldn't one word be enough?
Bankrupt