There needs to be another word to describe Mitt Romney other than liar. Newt Gingrich is a liar but if there were a lying contest Romney would destroy Gingrich.
Hyper Liar? Shameless Prevaricator? Pathological Liar?
Sunday, October 7, 2012
Saturday, October 6, 2012
Romney's Lies About Clean Energy
http://factcheck.org...nergy-whoppers/
Mitt Romney made numerous bogus claims in the Oct. 3 debate about the $90 billion in grants, guaranteed loans and tax breaks for energy projects in the stimulus bill:
Romney falsely claimed “about half” of the clean-energy companies that received U.S.-backed loans “have gone out of business.” But 26 companies received loan guarantees under a loan program cited by Romney, and three of those have filed for bankruptcy. The three firms were approved for about 6 percent of the loan guarantees.
Romney incorrectly claimed the “$90 billion in breaks to the green energy world” was provided “in one year.” It was two.
He stated at one point that Obama put $90 billion “into solar and wind.” But only $21 billion went for renewable energy projects, “such as the installation of wind turbines and solar panels,” according to a White House document cited by the Romney campaign. The spending also included $18 billion for transit projects and $10 billion to upgrade the nation’s electrical grid.
He falsely claimed the $90 billion was equal to “about 50 years’ worth of what oil and gas receives” in tax breaks, which he estimated at $2.8 billion. By his own figures, it would have been 32 years’ worth. But it’s even less than that. The administration estimates that eliminating oil and gas tax preferences would raise about $3.9 billion a year (23 years’ worth). The industry itself says the administration would increase its taxes by $8.5 billion a year (10.5 years’ worth).
He falsely claimed Obama “put $90 billion into green jobs … that would have hired 2 million teachers.” But that $90 billion included loan guarantees, not just grant money, and the government can’t hire teachers with loan guarantees.
Click HERE for 32 more of Mitt Romney's bald faced lies.
Romney's Debate Lies About Taxes
Anyone who doesn't believe Mitt Romny is a lying sack of shit is either extremely stupid or also a lying sack of shit. Mitt Romney lies about everything and I mean everything. Mitt Romney is a skilled liar.
Romney told 27 lies in the first debate. Here are a few.
“I don’t have a $5 trillion tax cut. I don’t have a tax cut of a scale that you’re talking about.”
A Tax Policy Center analysis of Romney’s proposal for a 20 percent across-the-board tax cut in all federal income tax rates, eliminating the Alternative Minimum Tax, eliminating the estate tax and other tax reductions, would reduce federal revenue $480 billion in 2015. This amounts to $5 trillion over the decade.
“My view is that we ought to provide tax relief to people in the middle class. But I’m not going to reduce the share of taxes paid by high-income people.”
If Romney hopes to provide tax relief to the middle class, then his $5 trillion tax cut would add to the deficit. There are not enough deductions in the tax code that primarily benefit rich people to make his math work.
“My — my number-one principal is, there will be no tax cut that adds to the deficit. I want to underline that: no tax cut that adds to the deficit.”
As the Tax Policy Center concluded, Romney’s plan can’t both exempt middle class families from tax cuts and remain revenue neutral. “He’s promised all these things and he can’t do them all. In order for him to cover the cost of his tax cut without adding to the deficit, he’d have to find a way to raise taxes on middle income people or people making less than $200,000 a year,” the Center found.
“I will not under any circumstances raise taxes on middle-income families. I will lower taxes on middle-income families. Now, you cite a study. There are six other studies that looked at the study you describe and say it’s completely wrong.”
The studies Romney cites actually further prove that Romney would, in fact, have to raise taxes on the middle class if he were to keep his promise not to lose revenue with his tax rate reduction.
“I saw a study that came out today that said you’re going to raise taxes by $3,000 to $4,000 on middle-income families.”
Romney is pointing to this study from the American Enterprise Institute. It actually found that rather than raise taxes to pay down the debt, the Obama administration’s policies — those contained directly in his budget — would reduce the share of taxes that go toward servicing the debt by $1,289.89 per taxpayer in the $100,000 to $200,000 range.
Romney told 27 lies in the first debate. Here are a few.
“I don’t have a $5 trillion tax cut. I don’t have a tax cut of a scale that you’re talking about.”
A Tax Policy Center analysis of Romney’s proposal for a 20 percent across-the-board tax cut in all federal income tax rates, eliminating the Alternative Minimum Tax, eliminating the estate tax and other tax reductions, would reduce federal revenue $480 billion in 2015. This amounts to $5 trillion over the decade.
“My view is that we ought to provide tax relief to people in the middle class. But I’m not going to reduce the share of taxes paid by high-income people.”
If Romney hopes to provide tax relief to the middle class, then his $5 trillion tax cut would add to the deficit. There are not enough deductions in the tax code that primarily benefit rich people to make his math work.
“My — my number-one principal is, there will be no tax cut that adds to the deficit. I want to underline that: no tax cut that adds to the deficit.”
As the Tax Policy Center concluded, Romney’s plan can’t both exempt middle class families from tax cuts and remain revenue neutral. “He’s promised all these things and he can’t do them all. In order for him to cover the cost of his tax cut without adding to the deficit, he’d have to find a way to raise taxes on middle income people or people making less than $200,000 a year,” the Center found.
“I will not under any circumstances raise taxes on middle-income families. I will lower taxes on middle-income families. Now, you cite a study. There are six other studies that looked at the study you describe and say it’s completely wrong.”
The studies Romney cites actually further prove that Romney would, in fact, have to raise taxes on the middle class if he were to keep his promise not to lose revenue with his tax rate reduction.
“I saw a study that came out today that said you’re going to raise taxes by $3,000 to $4,000 on middle-income families.”
Romney is pointing to this study from the American Enterprise Institute. It actually found that rather than raise taxes to pay down the debt, the Obama administration’s policies — those contained directly in his budget — would reduce the share of taxes that go toward servicing the debt by $1,289.89 per taxpayer in the $100,000 to $200,000 range.
Romney's Debate Lie On Energy Independence
“Get us energy independent, North American energy independent. That creates about 4 million jobs”.
Romney’s plan for “energy independence” actually relies heavily on a study that assumes the U.S. continues with fuel efficiency standards set by the Obama administration. For instance, he uses Citigroup research based off the assumption that “‘the United States will continue with strict fuel economy standards that will lower its oil demand.” Since he promises to undo the Obama administration’s new fuel efficiency standards, he would cut oil consumption savings of 2 million barrels per day by 2025.
More Romney Debate Lies
ROMNEY: Obama’s health care plan “puts in place an unelected board that’s going to tell people ultimately what kind of treatments they can have. I don’t like that idea.”
THE FACTS: Romney is referring to the Independent Payment Advisory Board, a panel of experts that would have the power to force Medicare cuts if costs rise beyond certain levels and Congress fails to act. But Obama’s health care law explicitly prohibits the board from rationing care, shifting costs to retirees, restricting benefits or raising the Medicare eligibility age. So the board doesn’t have the power to dictate to doctors what treatments they can prescribe.
Romney seems to be resurrecting the assertion that Obama’s law would lead to rationing, made famous by former Alaska Gov. Sarah Palin’s widely debunked allegation that it would create “death panels.”
The board has yet to be named, and its members would ultimately have to be confirmed by the Senate. Health care inflation has been modest in the last few years, so cuts would be unlikely for most of the rest of this decade.
ROMNEY on the failure of Obama’s economic policy: “And the proof of that
is 23 million people out of work. The proof of that is 1 out of 6
people in poverty. The proof of that is we’ve gone from 32 million on
food stamps to 47 million on food stamps. The proof of that is that 50
percent of college graduates this year can’t find work.”THE FACTS: The number of unemployed is 12.5 million, not 23 million. Romney was also counting 8 million people who are working part time but would like a full-time job and 2.6 million who have stopped looking for work, either because they are discouraged or because they are going back to school or for other reasons.
He got the figure closer to right earlier in the debate, leaving out only the part-timers when he said the U.S. has “23 million people out of work or stopped looking for work.” But he got the facts wrong in asserting that Obama came into office “facing 23 million people out of work.” At the start of Obama’s presidency, 12 million were out of work.
His claim that half of college graduates can’t find work now also was dishonest. A Northeastern University analysis for The Associated Press found that a one-fourth of recent graduates were probably unemployed and another quarter were underemployed, which means working in jobs that didn’t make full use of their skills or experience.
ROMNEY: “Right now, the CBO says up to 20 million people will lose their insurance as Obamacare goes into effect next year.”THE FACTS: Romney is dishonestly making selective use of the Congressional Budget Office’s March findings on how employers might adjust to the new health law. The neutral Washington scorekeeper actually gave Congress four scenarios — ranging from a net increase in employer-provided coverage for 3 million people to the decrease of 20 million that Romney cited.
Here’s why: The law offers tax incentives for companies with more than 50 workers that provide coverage and penalties for those that don’t. The analysis says it’s difficult to say how companies will behave, with some making a purely economic calculation and others concluding that continuing coverage may be essential to pleasing workers in a competitive environment. “As a result, any projections of those effects are clearly quite uncertain,” the study’s authors concluded.
ROMNEY on cutting the deficit: “Obamacare’s on my list. … I’m going to
stop the subsidy to PBS. … I’ll make government more efficient.”THE FACTS: Romney has promised to balance the budget in eight years to 10 years, but he hasn’t offered a complete plan. Instead, he’s promised a set of principles, some of which — like increasing Pentagon spending and restoring more than $700 billion in cuts that Democrats made in Medicare over the coming decade — work against his goal. He also has said he will not consider tax increases.
He pledges to shrink the government to 20 percent of the size of the economy, as opposed to more than 23 percent of gross domestic product now, by the end of his first term. The Romney campaign estimates that would require cuts of $500 billion from the 2016 budget alone. He also has pledged to cut tax rates by 20 percent, paying for them by eliminating tax breaks for the wealthiest and through economic growth.
To fulfill his promise, then, Romney would require cuts to other programs so deep — under one calculation requiring cutting many areas of the domestic budget by one-third within four years — that they could never get through Congress. Cuts to domestic agencies would have to be particularly deep.
But he’s offered only a few modest examples of government programs he’d be willing to squeeze, like subsidies to PBS and Amtrak. He does want to repeal Obama’s big health care law, but that law is actually forecast to reduce the deficit.
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