Mitt Romney Vowed To Boost National Debt By $716 Billion, And Nobody Cares?

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Romney has just made his duties as presumptive president $716 billion harder if he wins the race. Because Ryan said that the money cut from Obamacare would go back into a similar program, Romney, with a typical obstructionist attitude, has decided that simply isn’t the right thing to do.

The Los Angeles Times had the following to say regarding this budget gaffe;

When Rep. Paul D. Ryan, Romney’s choice as his running mate, drafted his budget plan, he included repeal of Obama’s health law. But he kept those Medicare cost cuts and applied the savings to reducing the federal deficit. Why wouldn’t he, after all? Ryan was trying to close a huge budget gap, and here was a rare case in which Congress had already agreed to a spending restraint that was relatively non-controversial — the hospitals and provider groups had agreed to the cuts, and they would not reduce benefits to Medicare patients.

But Ryan’s decision – logical though it may have been in the budget context – blunted a Republican attack on Obama for “raiding” Medicare. So on Wednesday, Romney made clear that he would eliminate the Medicare savings, and Ryan fell into line.

The move would mean Medicare’s main trust fund would run out of money in just four years, rather than 12 under Obama’s plan. And because Romney did not offer any new revenue to cover the $716 billion cost, nor any offsetting reductions, the price tag would simply be added to the national credit card – worsening the “prairie fire of debt” that Romney decried in a speech this spring.

The Romney-Ryan squad has already shown their fiscal idiocy, however, with Paul Ryan admitting that they “haven’t run the numbers,” and Mitt Romney making the insane accusation that the nonpartisan study by the Tax Policy Center on his budget plan was “garbage.”