Romney's Promises To Balance The Budget And Maintain Bush Tax Cuts For The Wealthy

This is a review of Mitt Romney's budget plan. He has invoked Ronald Reagan by promising to balance the budget. He does this cutting federal spending, that primarily benefits less well off Americans, in order to pay for tax cuts that go primarily to the wealthy. His plan is totally opposite from the budget described below that has been proposed by Obama. He eliminates the Bush tax cuts for those with incomes over $250,000 and his budget reflects cost savings in Medicare that may or may not be realized. American's will have a real choice to make in 2012 if Romney is nominated. Of course, any Republican who is nominated would have a similar plan. They will all be based upon some version of Paul Ryan's roadmap to reduce budget deficits