"Romney, Ryan Slam President Obama For Spending Too Little" by Benji Sarlin at TPM

Romney, Ryan Slam President Obama For Spending Too Little

by Benji Sarlin at TPM

http://2012.talkingpointsmemo.com/2012/08/again-and-again-romney-and-ryan-slam-president-obama-for-spending-too-little.php

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A similar theme can be seen in criticisms from both Ryan and Romney of the auto bailout. The two held different positions on the initial 2008 decision by Congress to offer emergency loans to the industry. But both have issued the same complaint — why didn’t it go even further?

Ryan, who voted for the auto rescue, repeatedly criticized the administration on Thursday for failing to prevent auto factory closings in his Wisconsin district. Ryan departed from free market purism not only in his bailout vote, but when he urged the administration to use a $25 billion government program to keep his district’s plants open.

Romney too has implied that the auto rescue didn’t go far enough, despite slamming the initial loans Ryan voted for in a 2008 op-ed titled “Let Detroit Go Bankrupt.” In recent months he’s not only suggested that he would have saved the industry (he claims he could have done it with less money, but hasn’t specified how), he’s attacked the Obama administration for not doing more to prop up car dealerships that were closed as part of the restructuring process.

Meanwhile, though both candidates have pledged to massively reduce spending quickly — Romney has actually promised to move even faster to cut the defiicit than Ryan’s House budget, but has offered scant details on where he would actually make any cuts.Obama is thus stuck rebutting claims that big-government liberals are taking over health care while defending himself from charges that he’s a heartless miser out to slash your Medicare benefits.

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