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Sun Jul 15, 2012, 07:57 PM

Despite a vast increase in Federal funding, Romney's Olympics ended in a DEFICIT

NOT a surplus.

http://www.npr.org/blogs/itsallpolitics/2012/01/26/145918553/romney-to-highlight-olympic-rescue-at-10th-anniversary-of-salt-lake-games

Romney did restore sponsor and public confidence in the Olympic committee and erased a $400 million deficit. His operating budget finished with a $100 million surplus. But not included in that budget were hundreds of millions of dollars spent for security and transportation infrastructure money not paid back with Olympic revenues.

Romney had no control over that spending, and his aides openly said some of the infrastructure projects were not needed for the Olympics. So, Romney deserves credit for the budget surplus, but it's also a stretch to say the Salt Lake Olympics were "profitable."

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And here's Mitt boasting about the "huge increase" in Federal spending that he was able to obtain -- $400 million dollars.

http://www.democraticunderground.com/?com=view_post&forum=1251&pid=56360

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Reply Despite a vast increase in Federal funding, Romney's Olympics ended in a DEFICIT (Original post)
pnwmom Jul 2012 OP
Turbineguy Jul 2012 #1
HopeHoops Jul 2012 #2

Response to pnwmom (Original post)

Sun Jul 15, 2012, 08:17 PM

1. And a Romney Presidential administration will be known for its surplus

to the billionaires who own him.

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Response to pnwmom (Original post)

Sun Jul 15, 2012, 08:21 PM

2. Color me shocked.

 

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