The Last Of The Millenniums

Just because it always has been, doesn't mean it always will be

President Obama’s speech – ‘Yes, Romney’s Vision for America Really Is That Scary’

President Obama : “At stake is not simply a choice between two candidates or two political parties, but between two paths for our country. And while there are many things to discuss in this campaign, nothing is more important than an honest debate about where these two paths would lead us”.
From : http://www.whitehouse.gov/the-press-office/2012/06/14/remarks-president-economy-cleveland-oh

But you can’t have an ‘honset’ debate if Mitt Romney keeps lying.

President Obama’s speech is filled with facts.

Mitt Romney’s was filled with fear.

‘Obama made three big claims about Romney’s agenda, starting with a claim about Romney’s proposed tax cut’:

“an independent study said that about 70 percent of this new $5 trillion tax cut would go to folks making over $200,000 a year. And folks making over a million dollars a year would get an average tax cut of about 25 percent”.

‘That comes straight from a study by the Joint Tax Center, a project of the Urban Institute and Brookings Institution. Just to make sure the citation was correct, I checked with Howard Gleckman, a resident fellow at Urban. He confirmed it’.
See : http://www.taxpolicycenter.org/numbers/displayatab.cfm?Docid=3298

‘Obama also talked about the impact of repealing the Affordable Care Act and transforming Medicaid into a limited block grant (i.e., giving the states a pre-determined amount of money)’.

“Not only does their plan eliminate health insurance for 33 million Americans by repealing the Affordable Care Act, according to the independent Kaiser Family Foundation, it would also take away coverage from another 19 million Americans who rely on Medicaid, including millions of nursing home patients and families who have children with autism and other disabilities”.

‘As Obama says, this comes straight from the Kaiser Family Foundation, which commissioned a study by experts at the Urban Institute’.
See : http://www.tnr.com/blog/jonathan-cohn/103630/romney-repeal-obamacare-medicare-medicaid-regulation-employer-tax-retro

‘Finally, Obama described the effects of capping federal spending at 20 percent of gross domestic product, while setting aside 4 percent for defense spending’.

“They haven’t specified exactly where the knife would fall, but here’s some of what would happen if that cut that they proposed was spread evenly across the budget”.

“10 million college students would lose an average of a thousand dollars each on financial aid. 200,000 children would lose the chance to get an early education in the Head Start program. There would be 1,600 fewer medical research grants for things like Alzheimer’s and cancer and AIDS; 4,000 fewer scientific research grants, eliminating support for 48,000 researchers, students and teachers”.

“Now, again, they have not specified which of these cuts they choose from, but if they want to make smaller cuts to areas like science or medical research, then they’d have to cut things like financial aid or education even further”.

‘Obama’s source here is analysis from the Center on Budget and Policy Priorities. Note that he summarized the paper’s finding appropriately, with the necessary nuance: Because Romney refuses to specify where he’d cut, it’s impossible to know precisely which programs would get fewer funds and which would not. Of course, if Romney wants to spare certain programs, he’ll have to cut more deeply into others—just like Obama said’.
See : http://www.cbpp.org/cms/?fa=view&id=3658

From : http://www.tnr.com/blog/plank/104077/obama-cleveland-ohio-speech-romney-medicaid-discretionary-cut-wealthy-tax

 

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