Study Tests Claims of Republican Candidates’ Debt Plans
By JACKIE CALMES
NYT
WASHINGTON – A centrist budget-watchdog group is punching trillion-dollar holes in the claims of Republican presidential candidates that they would rein in the mounting federal debt if elected, according to an analysis to be released on Thursday.
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.
Over a two-term presidency, Newt Gingrich would increase deficits beyond current projections under all three scenarios, as much as $9.7 trillion, while Mitt Romney and Rick Santorum would increase deficits under two of the three forecasts by trillions of dollars. Ron Paul, with his libertarian small-government agenda, would decrease deficits under two of three scenarios.
(More here.)
NYT
WASHINGTON – A centrist budget-watchdog group is punching trillion-dollar holes in the claims of Republican presidential candidates that they would rein in the mounting federal debt if elected, according to an analysis to be released on Thursday.
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.
Over a two-term presidency, Newt Gingrich would increase deficits beyond current projections under all three scenarios, as much as $9.7 trillion, while Mitt Romney and Rick Santorum would increase deficits under two of the three forecasts by trillions of dollars. Ron Paul, with his libertarian small-government agenda, would decrease deficits under two of three scenarios.
(More here.)
Powered by Blogger
0 Comments:
Post a Comment
<< Home