I don’t care who you vote for in the next election. I do, however, care if you base your vote on inaccurate statements.
1. Obama claims that Romney must raise taxes on the middle class to make tax his plan revenue-neutral. The attached assessment of this plan by the non-partisan Tax Policy Center concludes that all taxpayers would pay less. That is decidedly not deficit neutral.
Romney countered with a study prepared by the decidedly partisan The American Enterprise Institute that concluded Obama would “raise taxes by $3,000 to $4,000 on middle-income families.”
After saying that, however, he did acknowledge that his tax cuts “would require the tax base to broaden” to avoid worsening the deficit, and once again he managed to avoid specifics. What does “broadening the tax base” mean? It means lowering tax rates, but removing deductions and credits to make up for it.
No specifics. And without specifics, you are far safer in relying on information from the non-partisan assessment that a middle class family’s taxes will increase by $3,000 to $4,000.
2. Romney accused Obama of doubling the deficit when he was in office.
In fact, as the president when the president took office in 2009, the budget deficit stood at roughly $1.2 trillion, and the current budget deficit is approximately the same.
3. Romney promised to restore $716 billion in cuts to Medicare providers under Obama’s Affordable Care Act, and for the first time, promised he would not cut education spending.
Yet, at a private fund raiser in April, Romney stated, “The Department of Education: I will either consolidate with another agency, or perhaps make it a heck of a lot smaller. I’m not going to get rid of it entirely.”
4. Romney accused Obama of putting “$90 billion into green jobs. “Look, I’m all in favor of green energy. $90 billion, that would have hired 2 million teachers.”
$29 billion of that amount includes includes funding for energy efficient buildings, some of which was requested by GOP vice presidential nominee Paul Ryan.
5. Obama asserted that it would require $5 trillion to pay for Romney’s tax cut proposal.
That estimate comes from the liberal Center on Budget and Policy Priorities and assumes extending the Bush tax cuts over ten years. That is inconsistent with the Romney Plan.
As always, I welcome your comments.