DNC Rapid Response to Romney’s Letter to Obama



Romney Suggested Privatizing Veteran’s Benefits And Giving Veterans Vouchers For Health Care. “Mitt Romney suggested on Friday that he was open to partially privatizing the health care veterans receive from the U.S. Department of Veterans Affairs by creating a voucher system that would allow private sector competition. ‘If you’re the government, they know there’s nowhere else you guys can go, you’re stuck,’ Romney told a group of veterans at Mutt’s BBQ restaurant in South Carolina. ‘Sometimes you wonder if there would be some way to introduce private sector competition, somebody else who could come in and say each solder has x thousand dollars attributed to them and then they can choose where they want to go in the government system or the private system with the money that follows them. Like what happens with schools in Florida where people have a voucher that goes with him,’ Romney said.” [ABC News, 11/11/11 ; Romney Veterans Roundtable In Maudlin, SC, 11/11/11]


Romney Said “Yes” He Would Sign The Republican Budget. “On health care, Romney responded ‘yes’ when asked if he would sign the plan written by Rep. Paul Ryan that would restructure Medicare if it reached his desk as President, but quickly added that he would be offering his own plan.” [ABC News, 6/2/11 ]

· WSJ: “The [GOP Budget] Plan Would Essentially End Medicare.” “The plan would essentially end Medicare, which now pays most of the health-care bills for 48 million elderly and disabled Americans, as a program that directly pays those bills.” [Wall Street Journal, 4/4/11 ]

· The GOP Budget Would Force Seniors To Pay Nearly Twice As Much. “But because commercial insurers cost more to run than government plans, the Wisconsin Republican’s proposal to privatize Medicare starting in 2022 would actually spark a dramatic increase in how much the nation spends on healthcare for the elderly, according to an independent analysis by the nonpartisan Congressional Budget Office. Even as the federal government cut its own spending, seniors would end up paying almost twice as much out of their own pockets – or more than $12,510 a year, the CBO estimates. Altogether, the total cost of insurance would be higher.” [LA Times, 4/7/11 ]

· The Paul Ryan Budget Cuts Taxes For Millionaires To The Lowest Level Since Herbert Hoover. “There’s a nice symmetry to the House Republican budgeteers’ idea of cutting the top tax rate for the very wealthy to 25 percent. The spending side of their budget would go a long way to giving us Herbert Hoover’s economy, so why not have their tax rate on the rich match Hoover’s? In fact, we haven’t had a top rate that low since Hoover lost his re-election bid to Franklin Roosevelt in 1932.” [Center for American Progress, 4/13/11 ]

Romney’s Economic Plan Would Save A Typical Middle Class Family Making Between $40,000-$50,000 An Average Of $54. Had Romney’s proposal to eliminate taxes on capital gains, interest, and dividends were in place this year, the typical middle class family making between $40,000 – $50,000 would have received an average tax cut of $54.. Over 70 percent of these families would see no benefit at all. [Tax Policy Center, 6/16/11 ]

· Citizens For Tax Justice Director Criticized Romney’s Plan Saying “For People Earning Below $100,000, Cutting The Tax Rate On Interest, Dividends, And Capital Gains Means Almost Nothing.” “‘For people earning below $100,000, cutting the tax rate on interest, dividends, and capital gains means almost nothing,’ said Robert S. McIntyre, director of Citizens for Tax Justice. ‘For those people earning between $100,000 and $200,000, you might be talking several hundred dollars in tax savings. Then, the question is, does he really have a plan that cuts off exactly at $200,000? That would be nuts – the person who makes $200,001 would be kind of angry.’” [Boston Globe, 9/8/07 ]


Romney Said Of The Payroll Tax Cuts In President Obama’s Jobs Act: “I Don’t Like Temporary Little Band-Aids.” At the Republican primary debate Romney was asked about President Obama’s economic plan. Goldman: “So you would be OK with seeing the payroll tax cuts?” Romney: “Look, I don’t like temporary little Band-Aids, I want to fundamentally restructure America’s foundation economically.” [Republican Primary Debate, Bloomberg, 10/11/11 ]

· Romney: “You Have A President That All He Wants To Do Is Talk About A Payroll Tax Band Aid.” Romney: “I just don’t understand how you can have a president in office for three years with 26 million people out of work or stopped looking for work or are in part-time work, under-employed and you have a president that all he wants to do is talk about a payroll tax band-aid. I’m not looking to raise the taxes but that band-aid is not going to fix America.” [Romney, Cedar Rapids Town Hall, 12/9/11]

Under Obama’s Plan A Person Making $50,000 A Year Would Get A Tax Cut Of $1,550 in 2012. “Under Obama’s plan, workers making $50,000 a year would see their take-home pay boosted by $1,550 next year; those making $100,000 would get $3,100.” [AP, 9/9/11 ]


President Obama Campaigned For And Signed The VOW to Hire Heroes Act To Provided Tax Credits Of Up To $9,600 To Companies That Hire Unemployed Veterans. “President Obama signed legislation Monday that provides significant tax credits to businesses that hire unemployed and disabled veterans, the only measure in the president’s larger jobs proposal to receive any bipartisan support. The new legislation will allow employers tax credits of up to $5,600 for hiring veterans who have been unemployed longer than six months. It will also give employers a tax credit of up to $9,600 for hiring long-unemployed disabled veterans.” [CNN, 11/21/11 ]

· Romney Praised Obama’s Tax Credit To Employers Who Hire Veterans. “He did, however, have some praise for Mr. Obama, referring to the president’s incentives to encourage companies to hire veterans. ‘I also recognize that something the president has put on the table – I think it’s a good idea – which is providing a credit to employers who hire veterans, hire those veterans in particularly who have been out of work for a while, and those who are coming home,’ Mr. Romney said. ‘It’s a temporary measure but given the high level of unemployment among veterans and given the large influx of them coming into back into the country, I think it’s an idea that has merit.’” [New York Times, 11/11/11 ; Romney Veterans Roundtable In Maudlin, SC, 11/11/11]

President Obama Also Announced Several Executive Actions To Put Veterans Back To Work Including Specialized Career Counseling Services And A Veterans Online Jobs Bank. “President Barack Obama will issue three executive orders today aimed at helping veterans find jobs, an administration official said. Obama is scheduled to announce creation of a “Veteran Gold Card,” a downloadable document for post-Sept. 11 veterans entitling them to six months of case management and counseling at 3,000 Labor Department-operated career centers across the country. The action may benefit as many at 200,000 jobless veterans, according to the official, who wasn’t authorized to speak before Obama’s remarks. Obama also will announce a Labor Department job-searching website that would match a veteran’s military occupation with civilian jobs, including information about salaries and apprenticeships and creation of job bank to help veterans find job postings from companies looking to hire them. The website has more than 500,000 job listings, according to the official.” [Bloomberg, 11/07/11 ]

The Obama Administration Has Secured Commitments From Businesses To Hire At Least 125,000 Veterans By 2014. “First Lady Michelle Obama today announced a private sector commitment to hire 100,000 veterans and military spouses by 2014, bringing to at least 125,000 the total commitment in response to President Barack Obama’s recent hiring challenge.” [Department Of Defense, 11/10/11 ]

President Obama Implemented And Improved The Most Generous Educational Benefit For Veterans Since The Original GI Bill Of 1944, Extending And Expanding Benefits. “President Obama signed into law the Post-9/11 Veterans Educational Assistance Improvements Bill. The bill represents another step in the Administration’s continued commitment to ensuring that the men and women of our Armed Forces, who have served our country with distinction, receive the benefits they have earned. It provides Veterans the ability to use their benefits for vocational and on-the-job training, expands eligibility for the benefit to National Guardsmen and women who are activated for domestic assistance, provides Active Duty troops with additional assistance to purchase books, and allows for severely injured Veterans and their caregivers to have additional time to use their benefits.” [The White House blog, 01/11/11 ]


CEA: The Recovery Act Raised Employment By As Much As 3.6 Million As Of The First Quarter Of 2011. “CEA estimates that as of the first quarter of 2011, the ARRA has raised employment relative to what it otherwise would have been by between 2.4 and 3.6 million.” [CEA, 7/1/2011 ]


· The U.S. Economy Has Added 2.9 Million Private Sector Jobs In The Last 21 Months. [data.bls.gov, accessed 12/2/2011]

· Private Sector Job Growth Has Continued For 21 Consecutive Months. [data.bls.gov, accessed 12/2/011]

Related Topics: 2012 Elections, News, Republican Party, The Page

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