Mitt Romney, 2012 presidential candidate, “applauded” Republicans’ extreme Cut, Cap, and Balance Act and oppose increasing revenue to reduce the deficit. But that position is a stark reversal from his time as governor of Massachusetts, according to new records recently brought to light.
A report obtained by Politico shows a presentation Romney’s administration delivered on November, 4, 2004, to S&P urging the rating agency to upgrade Massachusetts’ credit rating. In that presentation Romney boasted new measures he’d taken to improve the state’s economy and fiscal situation—steps that included both spending cuts and new revenues.
The new revenues came from closing tax loopholes that “added $269 million in ‘additional recurring revenue’ to the state budget, as well as tax amnesty legislation that provided an additional $174 million,” says CBS News.
Note that Romney, as a gubernatorial candidate, had opposed closing the tax loopholes he then touted in that report.
If you’re counting, Mitt Romney has taken three positions on increasing revenue to reduce the deficit, opposing the closing of tax loopholes, then touting them, them coming out in opposition again. It seems like he’s only consistent about one thing: taking whatever position is politically convenient at the time, regardless of his record.
What would he really do as president? Your guess is as good as any.
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