Courtesy of John Cole at Balloon Juice, right here.
If ever there was an example of a post-truth debate, this was it. Mitt Romney claimed he isn’t actually proposing five trillion in tax cuts and two trillion in increased defense spending. Except, you know, he’s spent the last two years doing just that:
Earlier this month, a nonpartisan group of tax experts took matters into their own hands and tried to analyze the tax plan. What would happen, they asked, if you actually made all the cuts he has proposed? That would mean extending the Bush cuts, reducing income-tax rates by an additional 20 percent, and ending capital gains taxes for the middle class, the estate tax, the alternative minimum tax and the various taxes in health care reform, including the Medicare tax increase on high incomes. The experts at the Tax Policy Center estimated that this would cost $456 billion a year, starting in 2015.
Romney claims he wants to keep parts of Obamacare that are “good,” except when he doesn't:
“Well of course I’m going to repeal Obamacare,” Romney told the conservative radio host on Monday. “I’ve said that on the campaign trail, I think, every single day. Obamacare must be repealed –- in its entirety. It’s bad policy, it’s bad law, and frankly, a $2 trillion entitlement we don’t want and we certainly can’t afford. I have my own health care plan, and it does not require Obamacare to make our health care system work better. Obamacare is a disaster in my opinion, and has to be repealed entirely.”
Romney claims he doesn’t want to spend 2 trillion more on the military, above and beyond what the Pentagon has requested. Except when he does:
President Obama and Mitt Romney have a big disagreement over defense spending—up to two trillion dollars’ worth.
Obama includes defense cuts in the mix for deficit reduction.
Romney, by contrast, would be the bigger spender. He rules out any cuts to military spending as an option to curb the country’s growing debt. “I don’t think you cut [the] military for purposes of balancing a budget,” Romney said Wednesday.
Today, close to 16% of the federal budget is spent on the Department of Defense’s base budget. Add in war funding and military spending accounts for closer to 20%.
The United States is by far the biggest spender on defense—accounting for 41% of worldwide military expenditures in 2011, according to the Stockholm International Peace Research Institute.
Willard lied CONSTANTLY throughout this debate. The President seemed reluctant to call him on it.
More to come.