Almost every “proposal” from Mitt Romney on important issues is vague and lacking in real details that they are almost impossible to actually evaluate. But despite the lack of details, the Tax Policy Center has done their best to try to analyze the impact of Romney’s tax plan based on the few elements Romney has said are in it. Their finding is that there is no way Romney can fulfill his plan to lower the tax rates in a revenue neutral manner which wouldn’t result in the rich paying less and the middle class paying more.

A report today reminds us Newt Gingrich was responsible for securing passage of the huge unpaid for Medicare Drug Act of 2003 that added hundreds of billions to federal debt. Now he’s proposing a massive tax cut that would reward the rich and create over a trillion dollars in annual deficits.