Myth vs. fact: Breaking down the Romney-Ryan budget
Amilya Antonetti weighs in
- Duration 4:20
- Date Aug 18, 2012
Amilya Antonetti weighs in
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This transcript is automatically generated
It might be and possibly name a criticism about Paul Ryan's budget plan that you haven't heard -- ready we've been told.
It -- Medicare it takes guarantee benefits with seniors.
But do these claims from the left actually hold -- -- to the -- up delighted -- Fox News contributor in the and to Nate is here to help a separate.
Fact from fiction hi let's go to -- first myth number one.
Tax cuts only apply.
To the wealthiest.
Americans that's what the folks -- left by saying lets you with the president's.
My opponent mr.
Romney chose his running as his running mate the ideological leader of the Republican the -- the centerpiece.
Romney's entire economic plan.
-- the new five trillion dollar tax cut a lot of it going to the very wealthiest Americans.
Here's the question -- -- or miss.
It's -- it's -- council met this drives me crazy life.
What comes first about what we're taking six very complicated individual tax cuts and -- bridges -- down to two that.
Helps everybody right now because now you can understand the question you can give them a better answer so that went across what health everything.
This is not explain this to my to my children.
If you have a dollar and I pay eighty cents of the taxes and you pay 20% -- we're both gonna get 10% back.
That means I get eight cents and you get to -- threatening -- because I got eight cents.
And -- I got more -- like at the right ratio when it contributed to remember the wealthiest people kings knew it.
The most -- turn around and say.
We both -- -- I paid 80% I get two -- -- did you sense that doesn't mathematically make sense so -- -- spending numbers they're not take a look at but -- the highest but the 2% of repaid most of out of taxes so of course are gonna get more -- is proportionally so but what do they do with their money they put their money right back into the economy they stimulate even more.
So many think about it logically what he says makes no.
-- tell you say a missile that -- search and number two perhaps -- number two seniors will completely.
-- and let's hear from the president's man on CBS this morning David.
On that statement.
The fact is that we took that money and we extended the length of Medicare by eight years if that was part of the Affordable Care Act we expanded that prescription.
Coverage make no mistake about it these Republicans don't believe in Medicare they want to turn it into a voucher program -- slowly.
All -- burden is gonna shift to seniors themselves and that is not an answer to entitlement reform.
So when the president spinmeister David Axelrod says that is he being -- truth teller.
Or a myth maker.
Maker it's not true image did you stand on his -- personal it's not that they wanted to not have Medicare first management business -- what is -- business do.
-- abilities better service better margins but.
So why did make is not continue to spin out of control -- what -- talk about raising the the limit on the -- golf course -- no longer.
Which just isn't -- been around for fifteen years so the Romney flip is that you can keep Medicare as it is if you want it -- we'll have the choice of private plans as well yes and that's the number one thing in here it gives choice back.
-- we want I want you making decisions for me I want to make my own decisions.
My father wants to make his own business in the what he doesn't this health care what do you -- an Italian want to do other like -- told what to do.
So now it's -- say look this much money you get and you can choose what works best for you.
Customize the media and Cincinnati I can't imagine anyone whether it's Barack Obama or anyone out -- making decisions for you.
I want them to do that.
The American way that's what we.
People making decisions for -- give this choice you can have the banality of the chocolate when he -- to the of the star -- what twenty.
Excellent better what do you say people had a regret got to read and watch just pay attention to the words right many -- -- -- emphatic about something you don't know all they pick up the think read it pretty -- make a decision.
Choice make your own choice and -- -- -- millions into that he could receive -- against still not so well may be well.