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Biden: Romney Wants $500 Trillion Tax Cut
Rush Limbaugh ^ | October 26, 2012 | Rush Limbaugh

Posted on 10/26/2012 2:58:32 PM PDT by Kaslin

BEGIN TRANSCRIPT

RUSH: Folks, listen to this. This is Joe Biden. This is this morning in Oshkosh, Wisconsin. Listen to this.

BIDEN: You can't erase what you've already done. They voted to extend tax cuts to the very wealthy, giving a $500 trillion tax cut to 120,000 families.

RUSH: Five-hundred trillion tax cut. The national debt is $16 trillion.

BREAK TRANSCRIPT

RUSH: Grab sound bite 28. We had to ram this through right at the conclusion the previous hour. Joe Biden. I don't know if you chalk this up to losing it, but, folks, the wheels -- no, I better be careful here. I better be careful. Well, I was gonna say the wheels are coming off. The wheels are coming off Biden's training cycle. I'm gonna pull back on the daily Rush feeling. You know, there are daily tracking polls out there, but there's also my instincts, where I am on a daily basis, as it relates to this election and this campaign. I've let it out a number of times in the last six months what I think is gonna happen on Election Day, but I know it makes many of you nervous so I'll hold it back here for a while.

But I do want to play this Biden sound bite, whether he's losing it or they're just panicked over the top here trying to scare people. Obama, in each of the three debates, pointedly lied about the size of a tax cut that Romney supposedly has for the rich, a $5 trillion tax cut. It's mathematically impossible. There is no $5 trillion tax cut proposed. I'd like to see one, actually. There isn't one. It doesn't add up. But Romney's never proposed one. Not even close. Even if you factor all of the loopholes and deductions Romney says he wants to close, by lowering the tax rate, you still don't get to anything that, quote, unquote, costs our precious government $5 trillion. And that audit not be the focus of any economic policy anyway.

Biden: A $500 TRILLION TAX CUT!!!!!!

The focus of all economic policy should be one thing: How much money does it put back in the pockets of the American people. How much money does it put in or leave in or put back in the private sector without first taking it from the private sector, which is what stimulus did. The stimulus wasn't a stimulus. If you gonna inject $878 billion in the private sector, it has to come from there first. It's a net wash, a net zero. There wasn't any stimulus. It's mathematically impossible. What has to happen here is economic policy that results in more money in the private sector, a growing private sector.

The GDP number is out for the third quarter, it's 2%, and that's gonna get revised down to 1.8. Never mind the regime guaranteed a growth rate of four-and-a-half percent by now with their stimulus bill. We are growing, it's anemic, 1.8%, there isn't any growth. There's no job creation whatsoever. So the regime's only hope is to once again class warfare, class division. But listen to Biden here. This figure that he throws out here is just impossible to explain. And this is not -- well, even if it is a slip of the tongue, then what caused that? I think they're off the rails here.

BIDEN: You can't erase what you've already done. They voted to extend tax cuts to the very wealthy, giving a $500 trillion tax cut to 120,000 families.

RUSH: Five-hundred trillion tax cut. There is no $5 trillion tax cut. A $500 trillion tax cut. It's beyond the realm of possibility. It's beyond the realm of reality. I don't know. The reason that I find it hard to say that this is an example of Biden losing it is because I think he did that a long time. I don't think Biden's elevator goes to the top floor for a long time now. I think Biden has been an order of fries short of a Happy Meal for months. I think this is just evidence of that.

END TRANSCRIPT


TOPICS: Editorial; Politics/Elections
KEYWORDS: bidengaffe; idiot

1 posted on 10/26/2012 2:58:43 PM PDT by Kaslin
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To: Kaslin

. . . and Romney is a rich guy . . . he makes a billion gazillion dollars a year . . . /sarc


2 posted on 10/26/2012 3:05:17 PM PDT by RatRipper (RE Obama: Romney just can't beat the lying, commie SOB bad enough to suit me. . . .)
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To: Kaslin

Shut up Joe. We’re tired of hearing it.


3 posted on 10/26/2012 3:06:42 PM PDT by FlingWingFlyer (Big Bird, Binders, Horses and Bayonets! Sorry, that is all we have to offer! - the DNC)
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To: Kaslin

YES..... Joe Biden is that dumb...........


4 posted on 10/26/2012 3:06:52 PM PDT by hosepipe (This propaganda has been edited to include some fully orbed hyperbole..)
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To: Kaslin

With the Democrats when all else fails they just make s#!+ up.


5 posted on 10/26/2012 3:08:16 PM PDT by MeganC (Our forefathers would be shooting by now.)
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To: Kaslin

JOe is on a roll! Keep talking Biden!

Seen this?

Joe Biden Offends Father of Slain Seal: ‘Did Your Son Always Have Balls the Size of Cue Balls?’
Kyle Becker October 26, 2012

http://www.ijreview.com/2012/10/20351-joe-biden-offends-father-of-slain-seal-did-your-son-always-have-balls-the-size-of-cue-balls/


6 posted on 10/26/2012 3:09:51 PM PDT by AuntB (Illegal immigration is simply more "share the wealth" socialism and a CRIME not a race!)
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To: Kaslin

Maybe Joe Biden is a Republican working covertly with the Democrats...I mean, wow, he sure helps us out with his gaffe-tastic abilities.


7 posted on 10/26/2012 3:10:55 PM PDT by madison10
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To: Kaslin

If he means that Romney wouldn’t tax as much as they would have then he may be correct. 500 Trillion seems high but I can see the Obamaroids eventually trying it. Freudian slip?


8 posted on 10/26/2012 3:11:16 PM PDT by Hillarys Gate Cult (Liberals make unrealistic demands on reality and reality doesn't oblige them.)
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To: Kaslin

The IRS takes in about $1,000,000,000,000 annually. Therefore, we can close down the IRS for the next 500 years.


9 posted on 10/26/2012 3:14:56 PM PDT by reg45 (Barack 0bama: Implementing class warfare by having no class.)
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To: Kaslin
Them old zeros in our numbering system are really tough to deal with, cyphering with all them aughts involved is some hard stuff.
10 posted on 10/26/2012 3:16:56 PM PDT by The Cajun (Sarah Palin, Mark Levin......Nuff said.)
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To: Kaslin

The scary part is, this type of gaffe doesn’t matter to a big chunk of the economically illiterate population, who think that “the rich” have enough money to pay for free healthcare for all and all the other handouts Obama wants to give them.


11 posted on 10/26/2012 3:25:00 PM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks Kaslin.


12 posted on 10/26/2012 3:34:41 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/)
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To: Kaslin

$500 Trillion should just about cover all the future obligations of Social Security, Medicare, Medicaid, Welfare, crony-capitalism deals, tax loopholes for the well-connected and well-lobbied, cost of regulations, unelected bureacrats, phony lawsuits, etc.

So if that’s what Romney wants, I’m all for it.


13 posted on 10/26/2012 3:37:52 PM PDT by P.O.E. (Pray for America)
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To: Kaslin

That would be 4.16 BILLION dollar tax cut per “rich” person. I didn’t know we had that many multi-billionaires!


14 posted on 10/26/2012 3:38:43 PM PDT by Big Giant Head
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To: Big Giant Head

I don’t think anyone knew


15 posted on 10/26/2012 3:58:41 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: Kaslin

It will be sooooooooo much fun, watching this Bozo and Obongo Bozo exit stage left on January 22, 2013!

They will not go quietly into the night, howsomever!


16 posted on 10/26/2012 3:59:38 PM PDT by Taxman (So that the beautiful pressure does not diminish!)
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To: SunkenCiv

You are welcome


17 posted on 10/26/2012 4:01:21 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: Taxman

Why are you giving that arrogant, lazy lying pos occupant of Pennsylvania Ave two extra days to stay in the People’s House?


18 posted on 10/26/2012 5:28:26 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: Kaslin

My apologies, I thought it was a Tuesday.

Monday, 21 Jan is better!

Actually, it would suit me if Obongo Bozo quit on Nov 7!


19 posted on 10/26/2012 7:42:21 PM PDT by Taxman (So that the beautiful pressure does not diminish!)
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