Aug 302012
 

Mitt Romney has earned my applause through an interview with CBS News in which he vows to eliminate taxpayer subsidies for public television. It is about time. – Cliff Kincaid

Amid ongoing questions about his specific plans to reduce the federal deficit, Mitt Romney told CBS News’ Scott Pelley that in addition to repealing President Obama’s health care law, he would make cuts to a number of federal subsidies, and send some Medicaid funds back to the states.

“The right way to balance a budget really has two prongs,” Romney said during a wide-raning interview with Pelley last week. “One is to do those things that encourage the growth of the economy. So, you do things to get small businesses growing and adding– adding jobs. But you also go through and say which of those things that you should take out of the budget that are no longer essential. The easiest for me to knock out is Obamacare. It’s about $100 billion a year. We simply can’t afford it. But there are other subsidies that I think you’re going to find that we take out.”

Asked for specifics, Romney listed “the subsidy for PBS, the subsidy for Amtrak, the subsidy for the National Endowment for the Arts” and “the subsidy for the National Endowment for the Humanities.”

Pressed by Pelley to expand on his answer, Romney also noted changes to how the nation funds Medicaid.

Read on…

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