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Monday, October 15, 2012

If Romney is elected, kiss Medicare goodbye

Posted By on Mon, Oct 15, 2012 at 1:08 PM

Can we get real for a minute and talk about facts rather than style points?

From Talking Points Memo, quoting Jonathan Chait:

Let’s first imagine that, on January 20, Romney takes the oath of office. Of the many secret post-victory plans floating around in the inner circles of the campaigns, the least secret is Romney’s intention to implement Paul Ryan’s budget. The Ryan budget has come to be almost synonymous with the Republican Party agenda, and Romney has embraced it with only slight variations. It would repeal Obamacare, cut income-tax rates, turn Medicare for people under 55 years old into subsidized private insurance, increase defense spending, and cut domestic spending, with especially large cuts for Medicaid, food stamps, and other programs targeted to the very poor. Few voters understand just how rapidly Romney could achieve this, rewriting the American social compact in one swift stroke.

Oh, and seniors. Please note a new study from Kaiser says the Romney Medicare plan will likely increase seniors' premiums.

Oh, and does it matter to you that Romney has been lying about his tax plan — how he can reduce taxes without reducing revenue and without making the middle class pay for the additional sop for the wealthy? Of course not. It's style that's important, not substance. Don't interrupt the lying liars with reality-based comment.

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