Tags: Barack Obama | Mitt Romney | 2012 President Race | obama | tax | cuts | romney

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

Sunday, 09 Sep 2012 01:25 PM

 

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 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

UC Davis Ebola Case? Adult Patient With Virus' Symptoms Admitted

Thursday, 29 Jan 2015 20:25 PM

A patient with Ebola-like symptoms was admitted to UC Davis Medical Center in California on Thursday in "good" condition . . .

Mummified Mongolian Monk Found Sitting in Lotus Position

Thursday, 29 Jan 2015 19:54 PM

A mummified Mongolian Buddhist monk, which may be as many as 200 years old, has been discovered sitting in a lotus medit . . .

Ohio State Patrol Marijuana Bust: 235 Pounds Worth $1.2M Recovered

Thursday, 29 Jan 2015 19:34 PM

Ohio State Patrol officers recovered 235 pounds of marijuana with an estimated value of $1.2 million during a traffic st . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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