Mitt, you have a revenue problem.

Republicans like to say we don't have a revenue problem, we have a spending problem. We don't need to tax more, we need to spend less. Sure, sure, and how exactly are they going to cut spending?

According to Mitt Romney on October 22: "First of all, we're going to cut about 5 percent of the discretionary budget excluding military."

To which I say: bwah ha ha ha ha ha. The budget he wants to cut by 5% is $623 billion. The deficit is $1.3 trillion. Don't stop at 5%, Mr. Romney. With no new revenue, you could cut 100%—the entire non-defense discretionary budget, every last dollar of it—and still end up with a deficit of $677 billion.

On top of those cuts, you could also cut the entire budget for welfare and Medicaid and still end up with a deficit of $117 billion.

Since Romney has promised not to cut defense, but rather to grow the defense budget, and since he has promised to restore every single dollar of wasteful spending in Medicare overpayments* that Democrats cut through the Affordable Care Act (ACA), and since he only wants to cut non-defense by 5%, well, the math doesn't lie: Mitt Romney has a revenue problem.

*spending for things like taxpayer-funded gym memberships. Don't worry, seniors, Mitt has promised to give you back your gym coverage!

Comments

GOP Ready to "Plow Through" Kavanaugh Nom, Women Ready to Testify About Sexual Assault Allegations Under Oath

Julie Swetnick A third woman, Julie Swetnick, has come forward alleging sexual assault by Brett Kavanaugh and his best friend in high school, Mark Judge. ( Link to the affidavit . Allegations are disturbing so warning in advance.) Mark Judge—now a conservative writer with a long history of making misogynistic, homophobic, and transphobic statements—is also a witness and accomplice to the attempted rape alleged by Dr. Christine Blasey Ford. Swetnick has stated her allegations in an affidavit under oath and is calling for an FBI investigation. Her allegations align with those made by Ford, Deborah Ramirez, and Mark Judge's high school girlfriend . Two quick asides: 1- Swetnick is represented by Michael Avenatti, Stormy Daniels lawyer, and Republicans are trying to make him the story , instead of responding to what Swetnick has said under oath. 2- After Ramirez came forward in the New Yorker , the New York Times ran an absolute shit hit piece on Ramirez...

When a known liar is accused of attempted rape, should he serve on the Supreme Court?

Kavanaugh categorically denies the allegations. His conservative backers think he probably did it anyway. They just don't care. Or care that he could be lying about it now. On Sunday, the Washington Post reported that California psychology professor Dr. Christine Blasey Ford had credibly accused Donald Trump's Supreme Court nominee Brett Kavanaugh of sexual assault and attempted rape when they were both in high school. As reported in the Post, significant circumstantial evidence supports Dr. Blasey Ford, who described the attack to therapists in 2012 and 2013, long before Kavanaugh’s nomination, and who passed a lie detector test in August. The Senate Judiciary Committee had been scheduled to vote on the nomination today, with a vote in the full Senate planned for next week. At first, Republicans attempted to muscle their way through. When that became untenable, they hastily announced a hearing for this coming Monday, September 24, allowing little time to investigate...

Omnibus and ACA Market Stabilization

Omnibus, Poison Pills, and a Third Government Shutdown? This week, Congress is negotiating the last pieces of an omnibus spending package to fund the government through the end of the fiscal year. Current stopgap funding expires on March 23. Originally slated for a House vote this week, the timeline has been pushed to early next week. While most of the spending decisions have been finalized, big questions remain over more than a hundred controversial policy changes that Republicans hope to tie the bill. The package is likely one of the last big, must-pass bills Congress will take up before the election, making it the last chance for members of Congress to win legislative victories that they can take home. Anti-abortion conservatives, in particular, are clamoring for a win now that Republicans have given up on attempting a third reconciliation package, which would have let them once again try to force through attacks on Planned Parenthood and other abortion providers with just 50 s...

A Mile Wide, An Inch Deep

Search This Blog