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MIAMI – Stumping here on Monday, Mitt Romney told reporters he couldn’t think of how he differs from running mate Paul Ryan when it comes to their views on Medicare.
“We haven’t gone through piece by piece and said, ‘Oh, here’s a place where there’s a difference,’” Romney said of his running mate’s plan. “But my plan for Medicare is very similar to his plan, which is ‘Do not change the program for current retirees or near-retirees but do not do what the president has done and that is to cut $700 billion out of the current program.”
Sustaining Medicare, the government’s health care program for seniors, will likely become a central issue in this election campaign – particularly because Ryan, the House budget committee chairman, crafted a controversial plan that analysts say would increase costs for low-income and unhealthy seniors down the road.
In the days since Paul Ryan joined the Republican ticket, the spotlight has been on Ryan's proposal for government to give seniors money to buy their own insurance – part of a sweeping Medicare reform plan. NBC's Chuck Todd reports.
Romney was less committal Monday than he was in January, when he said during a debate that Ryan’s Medicare reform plan was “absolutely right on.” Instead, he said that he and Ryan agreed on the main points – and that he planned to restore the $700 billion cut from Medicare under Obama’s Affordable Care Act.
Ryan's Medicare plan and his budget: What's in them for you?
There’s a hitch, however: Ryan’s budget makes the same $700 billion in Medicare cuts as the Obama plan. CNBC's Scott Cohn explains:
“The Affordable Care Act – Obamacare – does cut the growth of Medicare by $700 billion over 10 years. But benefits to seniors actually increase under Obamacare, which reduces payments to providers in exchange for more people covered by insurance. What’s more, the Ryan plan – approved by the House – cuts Medicare spending every bit as much as Obamacare does. In fact, it incorporates the very same budget projections, even as it repeals Obamacare. That’s what you call having it both ways.”
Faced with questions about Ryan's support for these cuts, the Romney campaign clarified its position Monday evening and disagreed with those cuts.
"Mitt Romney and Paul Ryan have always been fully committed to repealing Obamacare, ending President Obama’s $716 billion raid on Medicare, and tackling the serious fiscal challenges our country faces," Lanhee Chen, Romney’s policy director, said in a statement. "A Romney-Ryan Administration will restore the funding to Medicare, ensure that no changes are made to the program for those 55 or older, and implement the reforms that they have proposed to strengthen it for future generations."
At his last event of the day here in Miami, Romney did not mention Medicare or Obama’s health care reform, focusing instead on economic issues. But when Paul Ryan comes to Florida, where retirees make up a sizable part of the population, it would be safe to assume that Medicare reform will once again take center stage.
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The REAL TRUTH ABOUT PAUL RYAN.. as by his voting record.. siding with coporations and against individuals time and time again!
Voted NO on regulating the subprime mortgage industry. (Nov 2007)
Voted NO on monitoring TARP funds to ensure more mortgage relief. (Jan 2009)
Voted YES on banning federal health coverage that includes abortion. (May 2011)
Voted YES on terminating the Home Affordable mortgage Program. (Mar 2011)
Voted NO on $60B stimulus package for jobs, infrastructure, & energy. (Sep 2008)
Voted YES on restricting bankruptcy rules for individuals but not corporations. (Jan 2004)
Voted YES on Constitutionally defining marriage as one-man-one-woman. (Jul 2006)
Voted YES on Constitutional Amendment banning same-sex marriage. (Sep 2004)
Voted YES on making the PATRIOT Act permanent. (Dec 2005)
Voted NO on letting shareh...
olders vote on executive compensation. (Jul 2009)
Voted YES on replacing illegal export tax breaks with $140B in new breaks. (Jun 2004)
Voted NO on enforcing against anti-gay hate crimes. (Apr 2009)
Voted NO on military border patrols to battle drugs & terrorism. (Sep 2001)
Voted NO on enforcing limits on CO2 global warming pollution. (Jun 2009)
Voted NO on removing oil & gas exploration subsidies. (Jan 2007)
Voted NO on four weeks of paid parental leave for federal employees. (Jun 2009)
Voted YES on Permanent Normal Trade Relations with China. (May 2000)
Voted YES on implementing CAFTA, Central America Free Trade. (Jul 2005)
Voted YES on implementing US-Australia Free Trade Agreement. (Jul 2004)
Voted YES on implementing US-Singapore free trade agreement. (Jul 2003)
Voted YES on implementing free trade agreement with Chile. (Jul 2003)
Voted NO on banning soft money and issue ads. (Sep 1999)
Voted YES on prohibiting product misuse lawsuits on gun manufacturers. (Oct 2005)
Voted YES on decreasing gun waiting period from 3 days to 1. (Jun 1999)
Voted NO on adding 2 to 4 million children to SCHIP eligibility. (Oct 2007)
Voted YES on limiting medical malpractice lawsuits to $250,000 damages. (May 2004)
Voted YES on limited prescription drug benefit for Medicare recipients. (Nov 2003)
Voted YES on capping damages & setting time limits in medical lawsuits. (Mar 2003)
Voted NO on reporting illegal aliens who receive hospital treatment. (May 2004)
Voted NO on restricting employer interference in union organizing. (Mar 2007)
Voted NO on increasing minimum wage to $7.25. (Jan 2007)
Voted NO on strengthening the Social Security Lockbox. (May 1999)
Voted NO on extending AMT exemptions to avoid hitting middle-income. (Jun 2008)
Voted NO on paying for AMT relief by closing offshore business loopholes. (Dec 2007)
Dagan, this should be recited as a voice-over in DNC tv ads, with a picture/icon for each issue.
Very powerful message based on the record.
Thanks.
Under the Bush Drug Benefit plan, $1,000 per person was given to the Insurance and Drug companies as a subsidy so they would take the old people. (note the GOP did not pay for this plan, they put it on the credit card and is one of the main drivers of the debt and Paul Ryan voted for it.) This is the money that Obama has cut, the subsidies to the Drug and Ins Companies. The ACA has actually made Medicare financally stable for the next 12 years. No benefits have been cut, they have been expanded. Social Security is not in trouble, a simple tweak here and there. The programs that are in trouble is disability. The Ryan Plan does nothing but throw the baby out with the bath water.
This Senior is not voting for the Vulture & Voucher Men. Medicare for None, Screw you.
Obama-Biden 2012
Assuming you are correct; medicare is now stable for only 12 more years? What happens after that? This is ridiculous.
Oh and I heard a news story yesterday that the first retirees began getting their SS which will pay them less than what they put in. So glad that Obama cut those taxes so that it will be even worse for future retirees. Obama and the dems are so smart.
Ryan's Medicare plan is a voucher and a prayer. Good luck Senior's!
This shows how desperate Romney is. He's kissing the far right's butt by selecting Ryan. Ryan's beliefs and policies are so far removed from what Romney thinks, it's almost laughable. The fact is, Romney is still suffering from the "like" factor from within his own party. Usually people that aren't behind someone like him, just don't vote. You see a few who will vote more against Obama, than for Romney. Romney is used to having his little guys do all his negotiating and then he steps in and finishes the business deal off. His lack of charisma and continual flipflopping only means we'll have Sarah Palin in suit, if he's elected. We don't need another embarrassing dummy like the one from Texas. Romney is proving day by day, he's not ready to be President. Keep talking Romney, your the best advertising the President has going for him.
Poor Obama is not bringing in the cash or the people that Romney is and yet Romney's the desperate one? Bump your head?
Romney cant win with Ryan on the ticket.
Voters arent interested in how subsidies will be cut, to get closer to a balanced budget.
Obama will win because he has promised to increase subsidies to farmers, lower interest rates on student loans, and keep all subsidies to seniors. He says this is possible by just taxing the rich more.
This is a plan voters like to hear. More benefits, and no cost to them.
Ryan's plan is painful, and not something voters want to hear. It is mean, because it cuts subsidies to deserving people, in order to bring the budget better into balance. He wrongly believes that people care about bringing the budget into balance.
Obama doesnt care if the budget is closer to being balanced, and neither do the voters. They just care that their government checks will continue. Obama knows he can then continue to blame the debt on Bush.
I must admit that the mitt and ryan don't hide the fact that they are
only addressing the issues and concerns that will improve the lives of
themselves and their fellow elites and couldn't care less about anyone
else.
Yeah that must be it. When is Obama going to give away his millions then?
Within a day or two, Ramenie will resume his role as the limp wet noodle.
"What is my current position?", he asks of the Koch brothers.
"Yes, mastah, I hear and I obey!".
Well Al-524682, I have been a Republican for 48 years, and I have been a fiscal conservative all of that time. Americans were robbed by the Johnson Administration when Social Security Dollars were used to fight the war in Vietnam. I lived through the Nixon Era, supported the man, only to see and hear the truth in the Congressional Archives. I have always felt, and made my position very clear to each Republican Candidate, that we, as Americans, needed to care for our children, our senior citizens, and the poor. I am guessing you think I am crazy, but after working in Japan for numerous years, I came to realize that the Japanese people understood responsibility for others. When President Bush, Dick Cheney, and Donald Rumsfeld decided to invade Iraq, I was more outspoken than any Republican, Democrat, or Independent. I predicted that Iraq, and then Afghanistan would, bring the US to its collective knees, just as Vietnam had done. Whether you liked Bill Clinton or not, he left office with the country on a sound footing, with trillions of dollars in reserve. I know Mitt Romney, and experienced his impact on American Small Business firsthand with his rape and pillage mentality at Bain Capital. Don't get me wrong, we needed Bain Capital and other venture groups, but venture capital is all about greed and money for others, not about the people inside small and midsize companies that were destroyed by that greed. America is broken, and Washington is the center of the problem. I am a senior citizen and I still demand the same things from our government leaders, "Take care of our children, our senior citizens, and the poor". Neither Mitt Romney or Paul Ryan can beat the drum about their personal positions on spending. Romney has a problem with Ryan, just as McCain had a problem with Palin. In both cases, the GOP pushed the agenda on the VP picks. Ryan is wrong for the ticket and wrong for America. Suddenly the GOP is facing the Middle Class, which lost millions of jobs to cheap overseas manufacturing. Those jobs were shifted offshore in an effort to lessen the power of the unions, and it has worked. But now, those Middle Class Workers are really the upper-end of the Poverty Class, and the Poor have been relegated to the basement for life. Basic economic theory cannot survive a Republican Theory of "Trickle Down Economics". Ask yourself why Corporate America needs a voice in any election. Why are corporations spending billions on an election, for a job that is purely a figure-head? The POTUS does not create and pass laws, the Congress and Senate create legislation. So why would I vote for a man who has not passed one viable law in the two-years he has been a leader in the House of Representatives? The GOP has managed to awaken the Gray Panthers of America, and those grandparents are asking a lot of "Why Questions" and suddenly I see 2008 all over again. I look forward to the convention!
This is why I, having been a somewhat liberal Republican in what seems like another lifetime, left your party a LONG time ago. Your party has intelligent people in it (like yourself), and yet it continues to nominate one worthless dope after another to be President of this country. Supply-side economics is a lie that only continues to be perpetuated because the rich can afford to buy candidates and TV commercials. The only people it "works" for are THEM. Everyone else is screwed. This is why I'm praying for a Republican sweep this year, because when the economy collapses altogether (note I didn't say "if"), people might finally wake up and realize that Rush Limbaugh has been lying to them for 30 years...
obama's plan? You mean his budget proposals that could not even get a democratic SINGLE vote? Where is the democratic budget? It only has been going on 4 years without one! Obamas plan? one and a half GDP, 8.3%(phoney numbers), the downgrade of America's credit,obama/holder guns walking to the border and murdering 2 Americans and 250 innocent Mexican citizens, 6 trillion in tax dollars wasted(alot going into obamas campaign slush fund), The selling out of Americas secrets for a vote or headline, the worst race and class warfare ever spewed by a leader, more czars that would make the old red russia proud, rapeing our military and ripping up our constitution while only enforceing laws he "deems ". This puke of a pathalogical LIAR president will be sent back to his murder capital community of Chicago in November!
Was not even Mr. Obama's plan it was an alternate plan sponsored by Rep. Mick Mulvaney a republican. Sure it had a few matching numbers but again not the entire plan.
Ryan's overall solution to Medicare is the same as any other lazy a**ed Republican, and it's why so many CEOs are Republican....typical. As Ed Rendell says in his book.....need to lose weight?.....chop your arm off. It's so much easier than actually having to make tough decisions, police it better, and/or find other ways to save money. Just get rid of as much of it as possible, and then eventually get rid of the rest.....what a genius I am.....allow me to lift my dragging knuckles off the ground and throw my arm over my back so I can pat myself. It's simple laziness....and simplistic in message, which is necessary for many of the constituency, who "don't need any of that education stuff"....we all know Medicare doesn't work because Jebeebus hates fags, so let's get rid of it. Yawn....
Why doesn't RobMeHood start by explaining why he didn't release all of his 2010 returns? Why did he leave out the part about his offshore accounts? Why did he close his Swiss account and leave open his Bermuda/Cayman accounts? Could it be that he was illegally hiding money from the government in his Swiss account and accepted an amnesty deal?
....but it's more important that I see Obama's birth certificate 1,400 times...because THAT'S crucial to whether or not he can do the job. The idea that someone may have repeatedly committed treason by consistently evading taxes is irrelevant information.
It's quite clear; Romney doesn't know what the Affordable Healthcare Act provides, doesn't know what Ryan's plan is, and doesn't have his own plan.
Elect Romney and you elect the first non-Christian President of the United States. That doesn't bother me too much but I think a lot of Christians are going to think twice and vote Obama. (He does actually go to church.) Mormonism is Not a branch of Christianity.
He doesn't go very often. I guess there are no radical sermons there.
I have an idea for Mutt: How about the same kind of health care that is enjoyed by the rest of the civilized world? In other words, all US citizens should receive treatment they need without fear of going bankrupt and committing suicide. Unfortunately, Repugnicans still live in the Dark Ages and seem utterly incapable of catching up with the rest of the world.
How is the rest of the world doing financially compared to the U.S.? Hop on a plane and go there then.
Would you vote for a Scientologist for President?
An evangelizing one or a SINO?
I would like to know why the rest of the famous repubs are so quiet right now. You dont here a peep out of Newt, Santorum, Perry, Palin, Cheney, Bush. Are they that embarrassed of their canidate?
Not at all!
"Increase costs down the road", means that present seniors will continue to have Medicaid as they know it. Younger Americans will have to pay more to keep the program solvent. It may not sound fair, but that's better than having Medicare completely collapse. Romney and Ryan are courageous, serious candidates REALLY trying to make America better.
I wouldn't question the motivation or their resolve, but i would question the efficacy of their polices, it's the same stuff we've heard from republicans time and time again. reduce regulations, reduces taxes on the rich and reduce funding for social programs and magically all of our problems will be solved, the math just doesn't fit.
You really need to just question the numbers in Medicaid. Is it on a fiscally sound course? It is not and denying the problem, as Obama does, is going to lead to disaster.
People are wondering why Romney is hedging questions about Ryan’s budget, Now Romney and Ryan here is what I think. You think these cuts are gutsy, Well here is my idea on what is gutsy we will cut Medicare and every social program to the bone when we totally cut every loophole, Rebate, refund & subsides across the board, to everyone, every business and every corporation making above 1 million dollars and no more tax cuts for anyone making over this amount or/and
We could do this
Why Did America Have A 90% Income Tax Under Eisenhower?
http://www.creditwritedowns.com/2011/01/reasoning-behind-ninety-percent-marginal-taxes.html
Because something needs to be done, done now and we know we need to concentrate on the debts we have, we just cannot ignore them, most of the debt is because of the wars we know it, we lived it, we were there folks it was not a dream, we need to pay for these but everyone is acting like this did not happen. We can say it is because of the social programs, tax cuts or all the loopholes, rebates, refunds and subsides, but we really do know better but for some reason we try like the devil to make-believe that those wars, the money we spend, that we are still spending and the money we borrowed and still is borrowing for them is a fantasy but it isn’t, it is real. If we do not do something we will tank and tank badly.
France is proposing a 75% tax rate and the rich are leaving the country.
Apparently the rich has already left our country too, they have their money hiding in off shores accounts and moved their businesses to other countries because they just don't want to help their own country
If you vote for Romney or Pual ryan you are traiters to this country. They well be the fall of this country.
Foolish statement.
If you liked Bush / Cheney you'll LOVE Romney / Ryan. We almost went over the cliff into the second great depression ... R&R would finish the job.
The Ryan "Plan" would gut Medicare, and Romney accuses Obama of cutting Medicare? LOL, you can't make this stuff up. The American Affordable Care Act controls costs at the PROVIDER (i.e. Big Business) level NOT reducing benefits for the patient: http://www.cbsnews.com/8301-250_162-57491617/fact-check-questionable-claims-when-mitt-romney-introduces-running-mate/
And Obama's plan is? Regardless whether you like it or not some of our social systems are going broke. Taking every dollar the 15% have would last a year. Take every thing the 1% has would get you 3 months. The only thing that might change that is 5% unemployment. The only other way is to change the system. It all comes down to two things, cost and how much money there is. Without private sector jobs there is a lot less dough to finance programs plus the cost of those programs are increasing for a couple of reasons 1. population of people and health of those people in those programs 2. Lack of control of the price of medicine and hospitalisation. Nobody can do much about 1. And 2. is like ethanol or hydrofracking, everybody is afraid to touch those things, or maybe they are paralyzed with indecision.
Romney and Ryan are in for a shock since they are not only touching the third rail of politics, they appear to be building their entire platform on it and plan to skate down it all the way to the election. By the time November gets here they will be well done crispy critters. Once you see the real differences between Ryan's plan and Obamacare you see that the only difference between the two is the shifting of money and benefits from the middle class back to the insurance companies under Romney/Ryan. Pathetic.
Paul Ryan belongs to an excluse crowd...Congress. The approval rating of Congress is around what...20%....that's right up there with....Dick Cheney and Sarah Palin.
Paul Ryan's only job in the private sector was driving the OSCAR MEYER WEINER MOBILE. At least he drove the Weiner Mobile on public highways and bridges that his father received construction contracts for. Paul Ryan attended Ohio University on public funding as well...public funding that Paul Ryan's "plan" would do away with. It's like so many other public programs, the Republicons hate them, but take them, like drought disaster assistance, social security, medicare, unemployment insurance, etc.. That's what you call HYPOCRISY.
Paul Ryan's "plan" is alot like Paul Ryan's Weiner Mobile. It's ridiculous and makes you laugh. But I don't want Paul Ryan's Weiner Mobile to continue driving most of America and the American middle class into poverty like 30 plus years of Reaganomics has done. Paul Ryan's Weiner Mobile is alot like Republicon deregulation of the Wall Street banksters. Ultimately they end up crashing and burning (1929,2008) and the middle class has to pay trillions to clean up the mess. Fortunately, the top 1-2% don't have to pay anything to clean up the big burned up OSCAR MEYER WEINER MOBILE they created. And they don't have to pay for the trillions of dollars in lost revenues from outsourcing millions of jobs overseas for the past 30 years of voodoo Reaganomics, or the trillions of dollars for wars and the military industrial complex that President Eisenhower (a Republican) warned us about in his farwell address.
Take your OSCAR MEYER WEINER MOBILE and shove it up your a** republicons.
It was a job, not a career. At least he was working rather than sitting in a car, windows rolled up, smoking weed like our Divider-in-Chief did.
You have never read Ryan's plan, which was co-written by a democrat.
List Obama's private sector experience.
Romney= someone who knows how to create jobs
Ryan= economics degree
Obama= lecturer on the Constitution; which he doesn't believe in
The last 3 GOP presidents signed TWENTY deficit riddled budgets AND saddled Obama with a $1.3T deficit BEFORE he took office. And they did it deliberately, to create a debt crisis so they could push for privatizing SS and Medicare. They called their plan "starve the beast".
http://zfacts.com/p/318.html
http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo4.htm
http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm
http://www.forbes.com/2010/05/06/tax-cuts-republicans-starve-the-beast-columnists-bruce-bartlett.html
http://www.forbes.com/sites/erikkain/2011/04/07/paul-ryan-and-the-republican-effort-to-finally-starve-the-beast/?utm_source=allactivity&utm_medium=rss&utm_campaign=20110408
http://www.forbes.com/sites/conorfriedersdorf/2010/11/11/how-starve-the-beast-made-the-taxpayer-poorer/
After bush left Obama with that $1/3T deficit, the GOP refused to allow it to be addressed. Remember, laast August they walked away from $4T in budget cuts just to protect the bush tax cuts for the wealthy and the corporate loopholes. In addition, analysis has shown that spending increases in spending under Obama are the smallest in 60 years!
http://articles.marketwatch.com/2012-05-22/commentary/31802270_1_spending-federal-budget-drunken-sailor
http://www.cato-at-liberty.org/mirror-mirror-on-the-wall-which-president-is-the-biggest-spender-of-all/
Since a deficit, once on the books doesnt magically disappear, and since the GOP refused to address it, and since Obama hasnt increased spending much, and all the deficit under Obama are ALL right around $1.3T, it must be Bush's legacy that caused subsequent debt.
This debt crisis, deliberately created by the Republicans, and the brain child of Grover Norquist in the late 70s, presents a danger to you national security, to our financial stability and our economic future, so it isnt a big leap to consider it treason. It's a deliberate endangering of the country.
So here we have Paul Ryan, who voted for EVERY SINGLE PENNY of the bush debt, complaining about the debt and is trying to solve the problem he played a LARGE part in creating, trying to get us to believe that privatizing SS and Medicare is the only solution!!! Well, Americans arent going to buy that. In fact, they're NOT buying it.
The GOP worships at the altar of the moneyed and corporate elite while continually giving Joe America the finger. THAT is a cancer that MUST be removed from the American body politic if we are to return this country to the United States that we know and (most of us) love!
If the GOP had NOT run up all that debt, we wouldnt be having this conversation!
PS DArryl Issa is a fraud who has said that he has seen NO EVIDENCE that the White House was involved in fast and furious AND no evidence of a coverup. This suit is just distract from the first part of my post. It is SHOCKING that so many of you still believe the Republicans after what they've done to this country these past 34 years!
And how do you explain that with it getting through a democratic controlled congress from 2006 (both houses of congress)? Something is wrong with your logic. Obama spent the first two years of his administration with democratic controlled congress and partically ignored the economy while working on his health care legislation. He said he would cut the deficit in half during his first term. This shows he had no idea what he was doing. Get him out of there and let someone else take a shot.
I think you have the wrong party. Try the democratic party.
This tells the story, why Bush was so bad at the end of his term.
Don’t just skim over this, it’s not very long, read it slowly and let it sink in. If in doubt, check it out!!!
The day the democrats took over was not January 22nd 2009, it was actually January 3rd 2007 the day the Democrats took over the House of Representatives and the Senate, at the very start of the 110th Congress.
The Democratic Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.
For those who are listening to the liberals propagating the fallacy that everything is "Bush's Fault", think about this:
January 3rd, 2007 was the day the Democrats took over the Senate and the Congress.
At the time:
The DOW Jones closed at 12,621.77
The GDP for the previous quarter was 3.5%
The Unemployment rate was 4.6%
George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB GROWTH
Remember the day...
January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.
The economic meltdown that happened 15 months later was in what part of the economy?
BANKING AND FINANCIAL SERVICES!
Unemployment... to this CRISIS by (among MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac FIASCOES!
Bush asked Congress 17 TIMES to stop Fannie & Freddie -starting in 2001 because it was financially risky for the US economy.
And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac? OBAMA!
And who fought against reform of Fannie and Freddie?
OBAMA and the Democrat Congress!
So when someone tries to blame Bush:
REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER!"
Budgets do not come from the White House. They come from Congress and the party that controlled Congress since January 2007 is the Democratic Party.
Furthermore, the Democrats controlled the budget process for 2008 & 2009 as well as 2010 & 2011.
In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.
For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the 2009 budgets.
And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete 2009.
If the Democrats inherited any deficit, it was the 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets.
If Obama inherited anything, he inherited it from himself. In a nutshell, what Obama is saying is I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since January 20th.
LOLOLOL..... pure propaganda!
When the DEMS took over the House and Senate, the GOP adopted a strategy of hundreds of filibusters. NOTHING of any consequence got passed-- not even budgets. The country operated either on continuing resolution, which permitted bush to spend like the previous budget!That continued until 2009, when the GOP set a record for the number of filibusters in a congress!Bush's final budget was the first $3T budget, and started with a $400B deficit. Then a continuing resolution was passed and signed on Oct 1, 2008, enabling TARP to be spent. The deficit soared to $1.3T BEFORE Obama even took office and THAT is what he inherited!
Please try to keep in mind, if the GOP had NOT executed their plan to "starve the beast" starting with reagan, we wouldnt HAVE a debt crisis! I posted enough links as proof--- one of them from a architect of the reagan and bush tax cuts! He trashes the GOP for cutting taxes but ratcheting up spending to extreme levels causing a crisis.
People, this isnt about election victory. It's about the survival of the United States as we know it. MANY countries consider the US a 2nd rate country, some of them are allies, and nothing but bad news unless something is done fairly quickly.
Remember, the last 3 GOP presidents signed TWENTY deficit riddled budgets that added over $11T to the debt AND saddled Obama with a $1.3T deficit BEFORE he took office. THAT FACT isnt debatable. It's part of the official record! The fact that it was deliberate warrants the the banishing of the GOP from power until the mess THEY CREATED is fixed!!
I heard that in 2008, a month or so before the financial meltdown, Paul Ryan attended a cabinet meeting about the impending meltdown and sold GE stocks and other stocks within hours.