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Mon Oct 22, 2012, 11:19 AM

Romney Camp Blurs $2 Trillion Defense Spending Goal

Source: TPM

The Romney campaign is obscuring a clearly defined policy proposal, which serves as the basis for Democratic claims that Romney wants to spend $2 trillion additional dollars on defense spending over the next 10 years.

“The goal of 4 percent of GDP remains and is unchanged,” Dov Zakheim, a Romney adviser, told Bloomberg. “But that goal is not going to be achieved overnight or perhaps even by the end of the first term.”

Budget analysts, including at the conservative Heritage Foundation, have noted that, based on standard economic growth projections, Romney’s commitment to spending at least 4 percent of GDP on defense is in effect a promise to spend over $2 trillion more than President Obama is proposing.

Obama has deployed that fact in the debates and in speeches to illustrate that Romney’s tax and spending plans amount, in effect, as vows to balloon deficits or raise taxes on the middle class.

-snip-

Read more: http://tpmdc.talkingpointsmemo.com/2012/10/romney-camp-blurs-2-trillion-defense-spending-goal.php



Etch-A-Sketching away...

7 replies, 1757 views

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Reply Romney Camp Blurs $2 Trillion Defense Spending Goal (Original post)
highplainsdem Oct 2012 OP
crazylikafox Oct 2012 #1
creeksneakers2 Oct 2012 #3
bluerum Oct 2012 #2
allinthegame Oct 2012 #4
maxsolomon Oct 2012 #5
meta1 Oct 2012 #6
eringer Oct 2012 #7

Response to highplainsdem (Original post)

Mon Oct 22, 2012, 11:32 AM

1. Obama needs to hit him on this position change tonight right from the beginning.

He should make it a flip-flop theme. He can use it as an opening to emphasize other Romney policy flips that he failed to address in the first debate.

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Response to crazylikafox (Reply #1)

Mon Oct 22, 2012, 11:54 AM

3. Very much agree

Trust should be the main issue.

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Response to highplainsdem (Original post)

Mon Oct 22, 2012, 11:41 AM

2. It's the dog whistle to the investor class to buy defense stocks. Classic.

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Response to highplainsdem (Original post)

Mon Oct 22, 2012, 03:34 PM

4. Nevermind

the flip-flop....Obama needs to drive home the programs that will be destroyed by putting those dollars into the Defense Budget...
If he isn't hitting the education/sustainable buttons on this one there is something wrong.

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Response to highplainsdem (Original post)

Mon Oct 22, 2012, 04:20 PM

5. Weaponized Keynesianism

Why 4%?
Why not 3%?

Republicans believe in government economic stimulus - they just won't admit it.

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Response to highplainsdem (Original post)

Mon Oct 22, 2012, 04:42 PM

6. Romney Goes to Church Ahead of Debate

 

Republican Presidential nominee Mitt Romney and his wife Ann attended church in Boca Raton, Florida on Sunday.

Romney Goes to Church Ahead of Debate

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Response to highplainsdem (Original post)

Mon Oct 22, 2012, 04:53 PM

7. If anybody knows about trillions of Defense dollars its Dov

He was DoD Comptroller when the IG nailed him for misplacing $2.6 trillion in government funds!

That his name came up for any reason tied to the Pentagon means that he is still an active player and, more than likely, aspires to the job in the e ring upon the election of Mittens. He was disliked by everyone in the building (except his buddies, Paul Wolfowitz and Rummie) when he was Comptroller. What do you think will happen to the world with him as Sec Def?

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