Study Tests Claims of Republican Candidates’ Debt Plans

Please observe who is the only one under the baseline.



NEWT GINGRICH: The policies so far espoused by Mr. Gingrich, the former House speaker, would increase deficits by $7 trillion over two terms, under the intermediate projection; that would raise the federal debt – measured against the size of the economy – to a level equivalent to 114 percent of G.D.P.

RICK SANTORUM: A President Santorum would add $4.5 trillion to deficits over two terms, under the intermediate projection, leaving a debt equal to 104 percent of G.D.P.

Mitt Romney would increase deficits by $250 billion through 2021, resulting in debt equivalent to 86 percent of G.D.P., under the intermediate projections.

Ron Paul would reduce deficits either by $2.2 trillion, under the intermediate scenario, for a debt equivalent to 76 percent of G.D.P.

The Committee for a Responsible Federal Budget, a group of former members of Congress, former administration officials, budget experts and business leaders of both parties, analyzed each candidate’s agenda under three scenarios – most optimistic, intermediate and most pessimistic, depending on the specificity of the candidates’ proposals. It found that all four men remaining in the Republican race would increase annual budget deficits beyond what is currently projected, under at least one of the scenarios studied.

thecaucus.blogs.nytimes.com...

Originally posted by eLPresidente
Please observe who is the only one under the baseline.

NEWT GINGRICH: The policies so far espoused by Mr. Gingrich, the former House speaker, would increase deficits by $7 trillion over two terms, under the intermediate projection; that would raise the federal debt – measured against the size of the economy – to a level equivalent to 114 percent of G.D.P.

RICK SANTORUM: A President Santorum would add $4.5 trillion to deficits over two terms, under the intermediate projection, leaving a debt equal to 104 percent of G.D.P.

Mitt Romney would increase deficits by $250 billion through 2021, resulting in debt equivalent to 86 percent of G.D.P., under the intermediate projections.

Ron Paul would reduce deficits either by $2.2 trillion, under the intermediate scenario, for a debt equivalent to 76 percent of G.D.P.

The Committee for a Responsible Federal Budget, a group of former members of Congress, former administration officials, budget experts and business leaders of both parties, analyzed each candidate’s agenda under three scenarios – most optimistic, intermediate and most pessimistic, depending on the specificity of the candidates’ proposals. It found that all four men remaining in the Republican race would increase annual budget deficits beyond what is currently projected, under at least one of the scenarios studied.

thecaucus.blogs.nytimes.com...

edit on 23-2-2012 by eLPresidente because: (no reason given)

You need important life risking surgery.
You have 3 doctors to choose from.
Dr. Santorum wants to spend way too much on equipment and charge it off to the state.
Dr. Gingrich wants to spend money to put you in an ER on the moon.
Dr. Paul wants to cut all funding for surgery to bring the debt down.

Which doctor is going to make you better?

This is only what there plans will bring in now at the taxes the government collects..
but then you have any incresses in money the government takes in as the unemployment go back to work.

If the republicans can get the unemployed back to work where they are paying more taxes quickly there will be a drop in the chart where the government is in the black and the debt starts to drop.
Under Mitt or Ron we would have a good chance of a drop in debt Under the others we might break even if we had most of the unempolyed get back to work within 12 months.

under Obama and the democrats it will be like Calif. they wait to increase taxes when the unemployment is high and taxes coming in are low then tell everyone that they must raise taxes. Then when the state is doing real good and there are a lot of tax money coming in they spend it on pet projects instead of saving it for bad times.

We have the same problem with the state budget in Calif and here i see no hope because of the anti business laws in the state driving businesses out of the State or Country.

Many in Calif have fled the state or like me are planing to shortly before our taxes become more then we can pay.
The only thing keeping me in Calif is clearing up my father estate and buying a motor home to live in as i move back to Texas