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GOP prez candidate plans would increase debt

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Surprised? Neither am I. The GOP candidates have nothing constructive to offer beyond the same old tax cut plans that they've been preaching about for decades. Where are the new jobs that they claim happen with tax cuts? It's not like this idea is new, so we have plenty of recent history to examine and none of it points to jobs growth. Romney himself has been living off of his investments for a long time and he's not starting any new business other than the business of putting himself in the White House. What's outrageous about the GOP plans is that they have no issue with dumping tax dollars into the military for fighting more wars. Ron Paul at least wants to end the foreign military adventures but he also wants those troops to be active on the US border so it's not obvious how the military budget would improve much.

Mitt Romney, Newt Gingrich and Rick Santorum have presented policies that would all push debt beyond current projections, largely because their proposed tax cuts would outweigh the benefits of slashing budgets on the spending side of the ledger. Only Ron Paul's proposals begin to dramatically curve debt downward, according to a report Thursday from the nonpartisan Committee for a Responsible Federal Budget. The sober analysis shows how difficult it will be for any new inhabitant in the White House to shift the nation's debt trajectory, and the need for long-term and bipartisan efforts to gain revenues and curb spending -- particularly at a time of rising Medicare costs for the aging population, the budget watchdog group said. "I don't think cutting revenues further is the responsible thing to do – and they all do it," said Alice Rivlin, the founding director of the nonpartisan Congressional Budget Office and now a director of the budget watchdog group that released Thursday's report.
And remind me again who racked up the debt on foreign wars and tax cuts for the rich that the US couldn't afford?

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