The $10,000 Bet Mitt Romney Will Want to Take Back

Mitt Romney is very wealthy. The Boston Globe pegged his net worth at somewhere between $190 million and $250 million. So it was probably a bad idea for him to respond to a challenge from Texas Gov. Rick Perry at Saturday’s GOP debate by offering to wager $10,000—more than a lot of Americans have in their savings accounts right now—that he had never supported a national individual mandate. Here’s video, via TPM:

To make matters worse, Romney didn’t just give President Obama grist for a campaign ad—he’d also lose the bet. Romney did, at least until recently, believe that his Massachusetts health care plan offered a model for the rest of the country.

Update: On further review, it’s not clear whether Romney would lose the bet, since he didn’t specifically call for a federal mandate in his (since-revised) book. But Perry’s right that Romney supports mandates on principle, and he has, in other forums, endorsed their implementation at the federal level.

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DONALD TRUMP & DEMOCRACY

Mother Jones was founded to do things differently in the aftermath of a political crisis: Watergate. We stand for justice and democracy. We reject false equivalence. We go after, and go deep on, stories others don’t. And we’re a nonprofit newsroom because we knew corporations and billionaires would never fund the journalism we do. Our reporting makes a difference in policies and people’s lives changed.

And we need your support like never before to vigorously fight back against the existential threats American democracy and journalism face. We’re running behind our online fundraising targets and urgently need all hands on deck right now. We can’t afford to come up short—we have no cushion; we leave it all on the field.

Please help with a donation today if you can—even just a few bucks helps. Not ready to donate but interested in our work? Sign up for our Daily newsletter to stay well-informed—and see what makes our people-powered, not profit-driven, journalism special.

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