One of the strongest elements of Mitt Romney’s spectacular debate performance was his decisive rejoinder to the president’s oft-repeated allegation that the Republican plans to raise taxes on middle class families. Obama said Romney has designs on an unpaid-for $5 trillion tax cut that would eventually necessitate higher tax bills for average Americans. Romney flatly rejected the claim by calling it false, then explained what he actually has in mind. But the president returned to the “$5 trillion” well on several subsequent occasions, prompting more rebuttals from his challenger. FactCheck.org and CNN reviewed Obama’s accusation, and found it wanting. “Not true,” declared the former organization. As for the cable news channel, well, just watch this:
BURNETT: Stephanie, let me ask you about that. Because here at CNN, we fact checked that, that $5 trillion in tax cuts and we’ve come and said that’s not true. Mitt Romney has not promised that. because he’s also going to be closing loopholes and deductions. So his tax cut wouldn’t be anywhere near that size.
CUTTER: So you’re disputing the size of the tax cut? Or are you disputing also how he’s going to pay for it?
BURNETT: We’re disputing the size.
CUTTER: Erin, he has campaigned on lowering tax rates by 20% for everybody, including those in the top 1%. that was one of the main selling points in the Republican primary.
BURNETT: So you’re saying if you lower them by 20% you get a $5 trillion tab, right?
Post Continues on townhall.com