As part of the uniquely American democracy, it has become customary for the losing candidate in a presidential election to step away from the limelight and be rather deferential to the winning candidate – at least in the first year after the loss. Republican Party Mitt Romney has kept out of the press for the last five months following his loss to Obama, but Romney held back no punches in an interview aired today on Fox News.
Mitt Romney claims sequester would not have happened if he won
As part of the uniquely American democracy, it has become customary for the losing candidate in a presidential election to step away from the limelight and be rather deferential to the winning candidate – at least in the first year after the loss. Republican Party Mitt Romney has kept out of the press for the last five months following his loss to Obama, but Romney held back no punches in an interview aired today on Fox News.
Both Mitt Romney and his wife, Ann Romney, took particular aim at President Obama over the sequester spending cuts which took effect on Friday.
Mitt Romney said the sequester was an “opportunity for America to solve its fiscal problems.” Romney also said the toughest thing about losing was watching this “golden opportunity” being “squandered by politics.”
Ann Romney blamed the media and the Obama campaign for her husband’s loss, and went on to say that she believes the sequester would not have happened if her husband was president.
Liberals might claim that Romney’s claim is curious since Romney’s economic proposal included a large amount of tax cuts that would have required dramatic spending cuts, like those in the sequester, in order to not increase the deficit.
Romney proposed keeping all of the Bush tax cuts and lowering the corporate income tax, among many other proposed tax cuts. Those cuts would have reduced federal revenue by $6 to $7 trillion in the next decade.
The sequester cuts just $1.2 trillion over the next decade, which amount to an 8.2 percent cut for most programs. According to the Washington post, in order to keep the budget balanced in the coming decade, Romney’s tax plan would have required cuts of 40 to 57 percent for every major program, including Medicaid, veteran’s benefits, education, environmental protection, transportation, and Social Security.
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