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Citi price rewind. buy now. save later. time now to clear the air. and perhaps the president should have phoned mitt romney over the weekend instead of speaker john boehner because who would have thought the ghost of willard mitt romney would hover so heavily over the republican party now almost three weeks after romney s electoral pummeling. we know it was romney who first tried to sell the idea of increasing government revenue by closing loopholes and that this was the best way to tackle the deficit. one way to do it is to say everybody gets $25,000 of deductions and credits and you can decide which ones to use. but despite the fact that romney s figures didn t add up, speaker john boehner said exactly the same thing just a few days after romney s thrashing at the polls. instead of raising tack rates ....
Romney i m actually proud to talk about what s in it. because my plan actually will move america forward, and by the way, the math in my plan adds up. well, with me now are two msnbc political analysts, former pennsylvania governor ed rendell and the nation magazine s john nichols. governor, thanks for coming on. you know about politics and policy and how it works. it seems to me that some people really like the fact that romney a couple debates ago had a five-point plan. they just love that packaging, five-point plan. obama had to come back and say it s only a one-point plan because he knew it was trouble. is it important now that the president have his five-point plan even if it doesn t have a lot to do with jobs next week, education, training, building on the manufacturing base, american-made energy, and debt reduction deficit reduction. does it add up to the kind of meat and potatoes you need to get an election won looking to the future? i think they do, chris, but i think ....
Reduction deficit reduction. does it add up to the kind of meat and potatoes you need to get an election won looking to the future? i think they do, chris, but i think he s late, as you said in the intro. he s late in putting it together in a one, two, three, four, five, six-point plan, but he s been talking about those components all throughout the campaign. first debate he talked about a $4 trillion simpson/bowles type debt reduction, and he s committed to doing that. he s taken $1 trillion off the debt with what they did at the last session of congress. he s talked about a jobs plan. he laid the jobs plan before the country last october, as you recall, and it included an american energy independence where everything is in, including the production tax credit extending it for wind and solar but for everybody, for natural gas, for oil, for nuclear, for all of our sources of energy. he talked about rebuilding our infrastructure. in the jobs plan there was $75 billion for infrastruc ....
Class security, and unlike mitt romney i m actually proud to talk about what s in it. because my plan actually will move america forward, and by the way, the math in my plan adds up. well, with me now are two msnbc political analysts former pennsylvania governor ed ren dill and the nation magazine s john nichols. governor, thanks for coming on. you know about politics and policy and how it works. it seems to me that some people really like the fact that romney a couple debates ago had a five-point plan. they just love that packaging, five-point plan. obama had to come back and say it s only a one-point plan because he knew it was trouble. is it important now that the president have his five-point plan even if it doesn t have a lot to do with jobs next week, education, training, building on the manufacturing base, american-made energy, and debt reduction deficit reduction. does it add up to the kind of ....
By the way, it was 17,000 in terms of capping deductions and then it went to 25 and all of that s again, it s a symbol of a group that has no clue how to make this math add up and you can t make it add up. there are not enough offsets to pay for the $5 trillion cut full stop. dana, what s the politics of this? you throw out a plan, you back it up with 1.3 trillion, which has you 3.5, 3.8 really trillion off. what are the politics of that? are they trying to throw out something to make it look like they have a plan? what s the politics of this? i think the assumption is you outline the broad contours and then sort of make it up as it is required. this isn t the first campaign that s ever done this sort of thing. the same thing was done with jobs. they said, well, we re going to create 12 million jobs. how did they get that figure? they looked at where the economy was going and forecast was. why don t we pick out that number and then romney has tried ....