Romney Camp Blurs $2 Trillion Defense Spending Goal
Source: TPM
The Romney campaign is obscuring a clearly defined policy proposal, which serves as the basis for Democratic claims that Romney wants to spend $2 trillion additional dollars on defense spending over the next 10 years.
“The goal of 4 percent of GDP remains and is unchanged,” Dov Zakheim, a Romney adviser, told Bloomberg. “But that goal is not going to be achieved overnight or perhaps even by the end of the first term.”
Budget analysts, including at the conservative Heritage Foundation, have noted that, based on standard economic growth projections, Romney’s commitment to spending at least 4 percent of GDP on defense is in effect a promise to spend over $2 trillion more than President Obama is proposing.
Obama has deployed that fact in the debates and in speeches to illustrate that Romney’s tax and spending plans amount, in effect, as vows to balloon deficits or raise taxes on the middle class.
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Read more: http://tpmdc.talkingpointsmemo.com/2012/10/romney-camp-blurs-2-trillion-defense-spending-goal.php
Etch-A-Sketching away...
= new reply since forum marked as read
He was DoD Comptroller when the IG nailed him for misplacing $2.6 trillion in government funds!
That his name came up for any reason tied to the Pentagon means that he is still an active player and, more than likely, aspires to the job in the e ring upon the election of Mittens. He was disliked by everyone in the building (except his buddies, Paul Wolfowitz and Rummie) when he was Comptroller. What do you think will happen to the world with him as Sec Def?
