Obama Knocks Romney's 'Bad Math' on Tax Plan

Sunday, 09 Sep 2012 01:25 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
President Barack Obama says Mitt Romney and running mate Paul Ryan get a failing grade on explaining how they'd pay for trillions of dollars in tax cuts.

The two Republicans were asked separately on different Sunday morning talk shows what loopholes they'd close to pay for their tax proposal but neither was willing to give specifics.

Obama says that's like saying two plus one equals five. Obama says Romney and Ryan are practicing bad math instead of bold leadership.

Romney says he won't raise taxes on the middle class but will close unspecified loopholes enjoyed mostly by the wealthy to pay for lower tax rates for everyone.

Campaigning along Florida's space coast, Obama also highlighted NASA's recent Mars landing. He praised what he called "a new era of American exploration."

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

North Carolina Senate Candidates Seek Help From Outside Groups

Wednesday, 23 Jul 2014 12:46 PM

With the power of the North Carolina state party in decline, supporters of Democratic Sen. Kay Hagan, have created a sep . . .

Columbus Mayor to Democrats: Have Convention Here or Lose

Wednesday, 23 Jul 2014 11:55 AM

The mayor of Columbus, Ohio, has warned that Democrats could lose the battleground state and the presidential election t . . .

Late GOP Runoff Dates Giving Democrats Time to Raise Money

Wednesday, 23 Jul 2014 11:26 AM

Democratic candidates are taking advantage of Republicans' late runoff dates in this election cycle's primary process to . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved