http://online.wsj.com/article/SB10001424127887324110404578628542498014414.html?mod=WSJ_article_MoreIn_Opinion
Summary: His clients in the healthcare industry REALLY don't like the idea of controlling Medicare costs.
Reactions?
From Peter Orzag, a complete slapdown: http://www.bloomberg.com/news/2013-07-30/critics-are-wrong-about-the-medicare-payment-board.html
From the
So.
The
- efforts to control Medicare costs.
- cuts to the Military (which is reasonable, given their preference for invading Iran)
- cuts to Social security
- tax increases (indeed, Romney tax cuts for EVERYONE)
- deficits and debt.
Let's see the logic of this.
Here's the President's 2013 budget, more or less: http://en.wikipedia.org/wiki/2013_United_States_federal_budget
Medicare/Medicaid: $ 941 billion
Social Security: $ 883 billion
Defense/VA/Security*: $ 1,035 billion
Total "Big Three": $ 2,859 billion
Add Net Interest: $ 246 billion
"Big Three" + Interest = $ 3,105 billion
Everything else: $
Total Spending: $ 3,803 billion
Total Revenue: $2,902.
Total spending: $3,803
Deficit: $901 billion.
Summing up:
The
Indeed, the GOP wants tax cuts.
And their number one issue is the deficit.
Math is hard.
*Defense/VA/Security:
DOD $673
VetAffairs 140
State 60
Homeland 55
Nat Intel. 53
NASA 17
Justice 20 (FBI, Marshalls, law enforcement & prisons)
Energy 17 - for nuke plant/waste security http://antaresgroupinc.com/doe-2013-budget-breakdown/
Total = 1.035 Trillion
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