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World Map / Upcoming Elections / US Presidential election 2016 / US Election Updates / Obama slates Republicans for lack of specifics

2016 Presidential Election

US Election Updates - September 10, 2012

Obama slates Republicans for lack of specifics

President Barack Obama has criticized his Republican opponents Mitt Romney and Paul Ryan for failing to offer specifics on how they would keep revenue stable while not raising taxes on the wealthy.

“Governor Romney and his allies tell us that we can somehow lower our deficit by spending trillions on new tax breaks for the wealthy. Listen, you’ve got to do the math because when my opponents were asked about it today, they couldn’t. It was like two plus one equals five,” Obama told a crowd of more than 3,000 at the Florida Institute of Technology.

Obama’s comments come in response to Romney’s appearance on NBC’s Meet the Press show on Sunday. When asked what tax loopholes he would eliminate, Romney merely told host David Gregory, “high income taxpayers are going to have fewer deductions and exemptions.”

Meanwhile on ABC News’ This Week, Ryan said he and Romney would consult with Congress before deciding which loopholes to cut.

“We want to do this with the consent of the elected representatives of the people and figure out what loopholes should stay or go,” Ryan said.

Referring to their failure to mention specifics, Obama said, “That’s not bold leadership, that’s bad math.”