Mitt Romney: Slash Amtrak, PBS Funding, But Defense Cuts And Middle Class Tax Cuts Off The Table
Source: Huffington Post
Romney identified subsidies for Amtrak, PBS, the National Endowment for the Arts and the National Endowment for the Humanities as things he would eliminate. The government spends $444 million a year on the Corporation for Public Broadcasting (the parent organization of PBS); Amtrak received $1.56 billion in federal funding in 2010, with $1.3 billion in stimulus funds; while the National Endowment of the Arts lists the current level of federal funding at approximately $146 million.
Romney said he would block grant Medicaid and send programs like housing vouchers and food stamps back to the states. This, he argued, would save the federal government "approximately $100 billion a year within four years" (the House GOP budget claims to save $771 billion over 10 years). It would also mean dramatic cuts to each of these programs, as states are already dealing with major budget shortfalls.
Romney also told Fortune that he would reduce the number of federal programs by 10 percent through attrition, while tying the compensation of federal workers to that in the private sector. "That saves about $47 billion a year, by the way," he said.
All told, the savings that Romney identified for Fortune would add up to roughly $750 billion over 10 years (depending on the baseline comparison). On Monday and Tuesday, Romney announced that he would restore roughly the same amount ($718 billion) to Medicare as part of his plan to repeal the health care law President Barack Obama put in place.
Read more: http://www.huffingtonpost.com/2012/08/15/mitt-romney-tax-cuts_n_1778429.html
Dont call me Shirley
(10,998 posts)These are the real entitlement programs. SS and Medicare are INSURANCE programs, paid for by the recipients.
maxsolomon
(33,384 posts)Altogether, the $ saved by destroying Amtrak, CPB, and the NEA would amount to a hill of beans.
And every one of those cuts would mean an exponential increase in unemployment throughout every state in the nation. And leave many rural communities with no transportation options save private vehicle ownership.
I suppose that when you've been taught to think that you have no use for Art, and artists look down on you and hate your God, you could give a fuck if there's a symphony in a liberal city.
SoapBox
(18,791 posts)...the TeaTurds are amazing.
atreides1
(16,091 posts)Because they're afraid of becoming the minority race in "their" country...and they think that if they support the rich white guys that those black, brown, red, and yellow people will stay in their place!
Fear is an amazing tool and has been used by tyrants, dictators, and corrupt politicians throughout human history...73 years ago it was the Jews in Europe...we're beginning to see it with Bachmann, Gohmert, and Walsh's attacks on Muslim Americans.
They see Rmoney and Ayn Ryan as the "Great White Hope"!!!
progressivebydesign
(19,458 posts)does this sound like a President talking ""They made garbage assumptions and they reached a garbage conclusion," I pity America if that guy gets elected somehow, he will get us into wars with his loose cannon angry mouth.
Rosa Luxemburg
(28,627 posts)onehandle
(51,122 posts)AllyCat
(16,216 posts)anyone else heard this? We have been wondering why Walker would refuse money to rebuild our train system and then announce fixes for the current Amtrak system and this came up in discussion. If so, could RMoney be doing the same thing?
KamaAina
(78,249 posts)Let Romney win the nomination, then move in and possess his soul (or whatever's inside there).
AndyTiedye
(23,500 posts)Rumor has it he stashed is tax returns in there.
madashelltoo
(1,699 posts)Will someone please escort this nut back to his cell? Oh, and don't forget to pick up his partner on the way.
Thanks,
All Humanity
RMONEY / RYAN = ALL LIES . . . ALL THE TIME!!!
Iliyah
(25,111 posts)GOP the party of greed, lies, cheaters, stealers, and cry babies.
His tax plan = 24 million "middle class" to lower "middle class" to "poor" taxes will increase so that the 1-2% can have more money. Turn Medicare into a voucher program. Medicaid trashed. Looting of SSI. Unions gone. No sick time, preggers off time, and no vacation time. No minimum wage and asshole corporations can pay you $5.00 (if that) with no healthcare coverage.
Its the America we can believe in. . .
madashelltoo
(1,699 posts)As we say in church, "PREACH!"