Curated News Edition
- 14/06/12
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Romney and Obama go on the attack in dueling economic speeches - CBS News (Top Stories - Google News)
deficit. The president said Romney wants Submitted at 6/14/2012 3:58:28 PM to take "us back" to economic Updated 4:40 p.m. ET polices of President George W. ( C B S N e w s ) I n t h e k e y Bush's administration. battleground state of Ohio, "We were told that huge tax cuts, President Obama and presumptive especially for the wealthiest R e p u b l i c a n n o m i n e e M i t t Americans, would lead to faster Romney made competing remarks job growth, we were told that just minutes apart on the number fewer regulations, especially for issue of the campaign: The big financial institutions and economy. corporations, would bring about Mr. Obama, speaking in the widespread prosperity. We were D e m o c r a t i c s t r o n g h o l d o f told that it was ok to put two wars Cleveland, and Romney, speaking on the nation's credit card, that tax in heavily Republican Cincinnati, cuts would create enough growth outlined their visions of the to pay for themselves. That's what economy but also attempted to were told." define their opponent as being "So how did this economic theory harmful to the recovery. work out?" the president asked the A t C u y a h o g a C o m m u n i t y crowd. College, the president said, "If "Mr. Romney is qualified to they win the election, the agenda deliver on that plan," the president will be simple and straight said. forward." He said Romney and a "The debate in this election is Republican Congress would about how we grow faster, and reduce the government "to a few how we create more jobs, and basic functions," cut regulations how we pay down our debt," the and cut taxes, which he said president said. would be harmful to the national Romney, meanwhile, noted the
president's "eloquence," but said "talk is cheap." "Action speaks very loud. And if you want to see the results of his economic policies, look around Ohio, look around the country, you'll see a lot of people are hurting," Romney said. "So as you look at the president's record it is long on words and short on action that created jobs," Romney said. Romney once again used the president's statement he made last week that the economy is "doing fine." "If you think the President's right when he said the private sector is doing fine. well then he's the guy to vote for. But when he said that there was such an outpouring of response from the 23 million Americans out of work or underemployed that I think today he's not going to say it again," Romney said. For his plan, Romney said he would increase trade, call out China for manipulating its currency and increase domestic
oil, coal and gas production. "I can guarantee you if I'm president on day one, we're going to get the approval for that pipeline from Canada, and if I have to build it myself to get it here, I'll get that oil into America," Romney said. Romney recounted a discussion he had with Florida Senator Marco Rubio, who is also mentioned as a possible vicepresidential candidate. "He said you know what I never heard my parents say why won't those people give me some of what they have. I never heard my parents say why won't the government give us some of what they had. Instead isn't it great to live in a country where hard work and education and risk taking you can achieve that yourself," Romney said. Meanwhile, Mr. Obama touted what he called his "different vision for America," saying he would invest in education, research and development and renewable energy.
The president also reiterated his call to raise taxes on the "wealthiest Americans." "If you really want to get the deficit under control, the tax code has to ask the wealthiest Americans to pay a little more," he said, noting that Romney's plan includes cutting $5 trillion worth of taxes. As both campaigns were so close to each other, the campaigns showed up at each other's events.Romney's bus, with the Romney campaign log, circled the site of the president's speech. Both campaigns are likely to visit Ohio numerous times this campaign season, as it is a critical state to both campaign's election plans. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.