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	<title>LNCC &#187; romney tax</title>
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		<title>Romney: I won&#8217;t cut spending because Big Government creates jobs</title>
		<link>http://www.lncc.org/romney-i-wont-cut-spending-because-big-government-creates-jobs/</link>
		<comments>http://www.lncc.org/romney-i-wont-cut-spending-because-big-government-creates-jobs/#comments</comments>
		<pubDate>Tue, 08 May 2012 17:47:04 +0000</pubDate>
		<dc:creator><![CDATA[Staff]]></dc:creator>
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		<category><![CDATA[romney budget]]></category>
		<category><![CDATA[romney issues]]></category>
		<category><![CDATA[romney tax]]></category>
		<category><![CDATA[romney tax plan]]></category>
		<category><![CDATA[Ron Paul]]></category>
		<category><![CDATA[ron paul budget]]></category>
		<category><![CDATA[ron paul spending]]></category>

		<guid isPermaLink="false">http://www.lncc.org/?p=1365</guid>
		<description><![CDATA[With the Republican nomination now secured, former Massachusetts Governor Mitt Romney is unveiling his jobs plan &#8212; spend as much tax money as Obama. &#8220;My job is to get America back on track to have a balanced budget. Now I&#8217;m not going to cut $1 trillion in the first year,&#8221; Romney said, specifically attacking Ron [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1242" src="http://www.lncc.org/wp-content/uploads/2012/03/romney-300x125.png" alt="" width="300" height="125" />With the Republican nomination now secured, former Massachusetts Governor Mitt Romney is unveiling his jobs plan &#8212; spend as much tax money as Obama.</p>
<p>&#8220;My job is to get America back on track to have a balanced budget. Now I&#8217;m not going to cut $1 trillion in the first year,&#8221; Romney said, <a href="http://www.washingtontimes.com/blog/inside-politics/2012/may/7/romney-rejects-ron-paul-style-austerity/">specifically attacking Ron Paul</a>&#8216;s plan to reduce the cost of government.</p>
<p>&#8220;The reason,&#8221; Romney claims, &#8220;is taking a trillion dollars out of a $15 trillion economy would cause our economy to shrink [and] would put a lot of people out of work.&#8221;</p>
<p>Romney specifically ignored the fact taking $1 trillion out of the hands of government reduces debt, reduces borrowing from China and puts that money back into the ecoonmy so it can create wealth and jobs.</p>
<p>Romney believes if government doesn&#8217;t spend money, it doesn&#8217;t exist.</p>
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		<title>Romney&#8217;s fake cuts</title>
		<link>http://www.lncc.org/romneys-fake-cuts/</link>
		<comments>http://www.lncc.org/romneys-fake-cuts/#comments</comments>
		<pubDate>Thu, 08 Mar 2012 21:11:04 +0000</pubDate>
		<dc:creator><![CDATA[Staff]]></dc:creator>
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		<category><![CDATA[mitt romney]]></category>
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		<category><![CDATA[romney tax]]></category>

		<guid isPermaLink="false">http://www.lncc.org/?p=1241</guid>
		<description><![CDATA[&#8221; Like a street façade on a movie set, Romney’s economic plans are designed to project an outward appearance of functionality. But when you look behind their cleverly made-up fronts, there’s nothing to see,&#8221; writes Reason magazine&#8217;s Peter Suderman. Looking for a candidate who will reduce the size and cost of government? Don&#8217;t look to [&#8230;]]]></description>
				<content:encoded><![CDATA[<p>&#8221; Like a street façade on a movie set, Romney’s economic plans are designed to project an outward appearance of functionality. But when you look behind their cleverly made-up fronts, there’s nothing to see,&#8221; <a href="http://reason.com/archives/2012/03/07/the-mysterious-mr-romney">writes <em>Reason</em> magazine&#8217;s Peter Suderman</a>.</p>
<p><img class="alignleft size-medium wp-image-1242" src="http://www.lncc.org/wp-content/uploads/2012/03/romney-300x125.png" alt="" width="300" height="125" />Looking for a candidate who will reduce the size and cost of government? Don&#8217;t look to Romney.</p>
<p>Suderman writes:</p>
<blockquote><p>The candidate has also promised to balance the budget while capping federal spending at roughly 20 percent of the economy by 2016. “Achieving this goal,” his campaign website says, “will require spending cuts of approximately $500 billion.” Romney would have voters believe that he has laid out exactly which cuts he would like to make: “I favor deep cuts in federal spending,” he <a href="http://online.wsj.com/article/SB10001424052970203960804577239672484987172.html"> wrote</a> in a recent op-ed for <em>The Wall Street Journal</em>, “and I&#8217;ve previously outlined exactly where I would cut.” Except that he hasn’t.</p>
<p>Romney’s “cut the spending” <a href="http://www.mittromney.com/blogs/mitts-view/2011/11/romney-presents-plan-turn-around-federal-government"> campaign web page</a> does identify some savings. But many of the figures his campaign cites are, to put it kindly, aspirational. He takes credit for $100 billion in cuts from “empower[ing] states to innovate.” Block granting Medicaid as part of this would save some money—<a href="http://healthcare-coalition.org/_blog/Prescription_For_Disaster/post/Recent_CBO_Analysis_Block_Granting_Medicaid_Would_Save_$287_Billion/">about $28 billion</a> a year, according to the Congressional Budget Office—but there’s no indication as to where the other $72 billion would come from. He also suggests he’ll cut $60 billion through endlessly convenient reductions in “waste and fraud,” which may as well be a proposal to save money through the acquisition and planting of magic budget beans.</p>
<p>Even if we take Romney at his word, all of the cuts he lists add up to about $320 billion. Where will the rest come from? It’s telling that his plan focuses on small-bore spending cuts to Amtrak and Planned Parenthood, which would reduce federal expenditures by less than $2 billion annually. Moreover, making Romney’s tax plan revenue neutral would require even more budget slashing beyond the basic budget balancing. If he is not willing to identify additional cuts now, is there any reason to believe he’ll do so later?</p></blockquote>
<p>Want to reduce the size and cost of government? Voting Republican won&#8217;t do it.  Vote Libertarian.</p>
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