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How Your Finances Could Have Been Affected if Romney Had Won

This infographic, brought to you by Total Bankruptcy, highlights how Taxes, Medicare and Disaster Relief could have been affected if Mitt Romney had won the 2012 election.

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Did America Dodge a Bullet?

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Americans have voted. Mitt Romney will not be the 45th President of the United States.

Here's what might have been if he would have won:

Higher Taxes on the Middle Class

  • In order for Romney's tax plan to work, he would have had to raise taxes on the middle class.
  • By 2015, this tax burden could have increased by $86 billion - 23% more than the Department of Education's entire 2013 budget.

Slashed Medicare Benefits

  • Romney's plan could have bankrupted Part A Medicare by the end of his first term.
  • 47.1 million elderly and disabled people would have been uninsured, more than the populations of New York and Texas combined.

Less Disaster Relief

  • Romney wanted to cut FEMA funding by 40%.
  • If cut 40%, New York would have had to pay $30 million in additional funds, or nearly all of its transportation budget, to clean up Hurricane Sandy.

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