CNN’s Erin Burnett Nails Obama and His Campaign for Not Telling the Truth about Mitt Romney’s Tax Cut Plan – Video 10/5/12
Here is video of CNN’s Erin Burnett nailing Barack Obama and his Campaign operative Stephanie Cutter on their attack on Mitt Romney that he wants to give a %5 Trillion tax cut to Americans, particularly to the rich, without paying for reduction in tax rates. Burnett points out to Cutter than their analysis shows Romney does NOT propose a $5 Trillion tax cut because he will close some deductions and exemptions along with lowering rates. This will be accompanied by economic growth, thus paying for the reduction in rates. In the course of their back and forth, Cutter admits the $5 Trillion number is the sum of lowering rates, but does not take into account any closing of exemptions, loopholes and deductions, nor does it take into account any economic growth that will result from lowering rates! She got very defensive when Burnett pointed that out. Cutter essentially admits here they are deliberately not telling the truth about what Mitt Romney is proposing.
I wish for once someone in the media would ask when Barack Obama suddenly got concerned about the deficit and debt? He wants to throw stones at Romney’s plan when he is the man who has more than doubled the annual budget deficit AND added nearly $6 Trillion to the National Debt! He and his minions are the LAST people on earth Americans should take seriously on what to do or not do about reducing the debt.