Work in Progress: Mitt Romney's Economics  

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Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 403 no. 8780 (Apr. 2012), page 43-45.
Topik: Candidates; Politicians; Fiscal Policy; Political Parties; Presidential Elections; Personal Profiles

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.71 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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When Paul Ryan released his proposed federal budget a year ago, Mitt Romney greeted it coolly. The coolness was understandable. Ryan's budget was political dynamite. It proposed to slash income-tax rates, especially for the rich and businesses, and replace traditional Medicare with vouchers for the elderly to buy health insurance. Conservatives loved it, but voters, once they saw the details, recoiled, as did some Republicans. Over the next few months, though, Romney steadily warmed to Ryan's plan as he faced a series of rivals from his political right. The rightward drift of Romney has taken him a long way from where he started. Romney has promised to cut federal spending to below 20% of GDP by the end of his first term, in 2017.

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