Three holes in Romney’s economic plan - Jan. 25, 2012
Above all else, the Romney campaign has one ethos: Our candidate will fix the economy.
But on some of the toughest economic challenges of the day — housing, taxes and spending — Mitt Romney’s economic plan is missing key policy details.
Romney wants Americans to pay lower income taxes, but hasn’t said what the new rates will be, what the bracket structure will look like, or when he wants them to take effect.
He wants to cut government spending to 20% of GDP, but is cloudy on exactly how that will happen.
And his economic plan barely even mentions housing — one of the economy’s biggest drags.
“These plans are always long on promise and short on numbers,” said Robert Bixby, the executive director of The Concord Coalition. “And this is no exception.”