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Budget

News Environment Saturday, May 7 2011

AP: Snowe, facing primary fight, shifts to right on votes

On May 7, 2011, the Associated Press reported:

Maine’s Olympia Snowe has long thrived as one of the Senate’s leading GOP moderates, but she has recently sided with Tea Party movement activists on high-profile votes as she braces for a primary challenge from the right. Such votes could help Snowe fend off conservatives who mock her as a RINO — Republican In Name Only — and hope to sink her bid for a fourth term next year. Snowe insisted she has been true to her moderate roots. “I am who I am,’’ Snowe said. “I haven’t changed.’’

News Saturday, Jan 1 2011

Mitt Romney On The Federal Budget

Romney Said That When Government Is “Bailing Out Banks” That “We Have Every Good Reason To Be Alarmed And To Speak Our Mind!” Romney said at the Values Voter Summit, “There’s something else that should concern us when the federal government expands at such a rate. When government is trying to take over health care, buying car companies, bailing out banks, and giving half the White House staff the title of czar – we have every good reason to be alarmed and to speak our mind!” [Romney Values Voter Summit Speech, 9/19/09]

News Saturday, Jan 1 2011

Mitt Romney's Record With The Massachusetts Budget

During Romney’s Tenure As Governor Massachusetts’ Economic Performance Was “One Of The Worst In The Country” On “All Key Labor Market Measures.” “As Mitt Romney pursues his bid for the presidency, his record as Massachusetts governor will come under scrutiny, including how the state’s economy performed during his administration. Our analysis reveals a weak comparative economic performance of the state over the Romney years, one of the worst in the country. On all key labor market measures, the state not only lagged behind the country as a whole, but often ranked at or near the bottom of the state distribution.” [Boston Globe, 7/29/07]

News Saturday, Jan 1 2011

George Allen On The Budget

PolitiFact: Allen’s Claim That He Reined In State Spending Is False. “Republican George Allen is promising his unrelenting effort to curb federal spending if he’s elected to the U.S. Senate next year. He says he’ll bring to Washington the same kind of ‘sweeping reform’ he brought to Virginia as governor from 1994 to 1998. His campaign web site says that when Allen was governor, ‘He challenged critics and sentiment that suggested it couldn’t be done, reining in government spending and substantially reducing the size of the state workforce’…Allen could accurately say he fought to curb spending. But Allen says he reined it in. That creates an impression the bottom line shrank or was stunted in growth. We rate the statement False.” [PolitiFact Virginia, 9/12/11]

News Saturday, Jan 1 2011

Scott Brown On The Budget

Brown Said He Would Support Ryan Budget That Would End Medicare As We Know It And Double Out-Of-Pocket Costs For Seniors. In a speech, Brown said “The leaders will bring forward (Budget Committee Chairman Paul Ryan’s) budget, and I will vote for it, and it will fail.” The GOP budget included proposals to convert the federal share of Medicaid to a block grant to states. It also called for converting Medicare for persons currently younger than 55 into a “premium support system” through which the government would pay private insurance companies directly for each enrollee. The Fort Lauderdale Sun-Sentinel reported, “The Ryan budget plan would cut federal spending on Medicaid, which provides health care for the poor, and begin distributing money by block grant to states. The plan would do away with Medicare’s direct payment for health care for seniors, replacing it with a voucher system in which recipients choose private insurers. The Congressional Budget Office found that part of the plan, which would take effect in 2022, could nearly double out-of-pocket costs for seniors.” In an April 7th, 2011 editorial, the Newark Star-Ledger warned that Paul Ryan’s plan would “end Medicare as we know it.” [Newburyport News, 5/14/11; Ft Lauderdale Sun-Sentinel, 4/16/2011; Newark Star-Ledger Editorial, 4/7/2011]

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