To: Bill who wrote (23243 ) 8/15/2012 11:15:57 AM From: gamesmistress 1 Recommendation Respond to Speaking of cutting subsidies:politico.com WHAT ROMNEY OR OBAMA WOULD REALLY DO from 2013 TO 2016 remains pretty hazy. But Mitt Romney gave some new clues about his plans during a Monday phoner with FORTUNE’s Andy Serwer in New York and David Whitford in Boston, for an upcoming cover story. Here are the freshest passages, followed by a link to the whole transcript:--FORTUNE : “What sectors of the economy are you most sanguine about? Or put it this way, if you were to start a business today what would it be?”ROMNEY: “… I believe if I'm president you're going to see a dramatic increase in the production of gas and oil, as well as continued production of coal, and I believe you're going to see nuclear come back and I believe renewables will continue to grow. So I believe energy jobs will rise. Second, I believe you're going to see manufacturing return to this country over the coming decade, particularly as we take advantage of our low-cost natural gas. Third, I believe infrastructure is going to see very substantial investments over the coming decade. I'm talking about highways as well as rail and air and communications infrastructure.“And of course health care will be an area of growth, not only because of the aging population, but also because if I'm president we're going to go from a government dominated healthcare system to a consumer choice health care system, and in a consumer choice market-driven system there will be enterprises that find ways to deliver better products at lower cost, and they will grow and be successful.”--“I don't think that this is a time for us to be passing new gun legislation.”--“I indicated as I announced my tax plan that the key principles included the following. First, that high-income people would continue to pay the same share of the tax burden that they do today. And second, that there would be a reduction in taxes paid by middle-income taxpayers.”--Government spending he would cut: “[F]irst there are programs I would eliminate. Obamacare being one of them but also various subsidy programs -- the Amtrak subsidy, the PBS subsidy, the subsidy for the National Endowment for the Arts, the National Endowment for the Humanities. Some of these things, like those endowment efforts and PBS I very much appreciate and like what they do in many cases, but I just think they have to standon their own rather than receiving money borrowed from other countries, as our government does on their behalf. …“I would like to tie the compensation and benefits for federal workers to those which exist in the private sector. I don't think government workers should be paid a better deal than the taxpayers who are paying for them. That saves about $47 billion a year, by the way. With regards to the military, I believe that we will find enormous opportunities for efficiency and cost savings in the military. I do not anticipate those savings will be able to be used to reduce the deficit but instead will be necessary to increase the number of active-duty personnel by approximately 100,000, to restore our military equipment which has been destroyed in conflict, and to invest in the coming technologies of warfare.”--FORTUNE : “Four years from now, you're running for election, what specific improvements in the U.S. economy will you be able to point to?”ROMNEY: ”I believe that you're going to see us having created 12 million new jobs. That GDP growth will be approximately 4%. That Americans and investors in America's debt will see that we're on track to have a balanced budget, and therefore we will have restored our AAA credit rating. And families across the country will be able to get the jobs they need. They'll see home prices on the rise again and will be confident that their kids will have a better future than the lives we've enjoyed.” bit.ly
