Obama Campaign Admits Romney Doesn't Have a $5 Trillion Dollar Tax Cut 

10/05/12

From Human Events:

Even as the panicked Obama campaign launched into a tirade about Mitt    Romney’s character to recover ground after Obama’s decisive loss in the   first  presidential debate, the single most truth-challenged member of   the Obama  team, Stephanie Cutter, admitted Obama was lying about Romney’s tax  reforms during a CNN appearance:

Remember, this is the woman who shamelessly lied about her   involvement in  the Joe Soptic outrage, falsely claiming she never heard   of the man who tried  to accuse Mitt Romney of playing a role in his   wife’s death.  She’s very,  very, very flexible when it comes to the   truth.  And even she had to admit Obama was full of baloney,   during one of the few debate  moments when his supporters could claim   they saw him getting any traction  against Romney.

Cutter probably didn’t realize how devastating this admission was,   because  she’s still peddling the same basic fantasy as the discredited   Tax Policy  Center study Obama loves to cite: they want to unilaterally   declare Romney’s  actual plan is “impossible,” then criticize what they   imagine he’ll “really” do.  This is coming from the same President who   promised us his plans  would reduce the cost of health  insurance, and   bring unemployment down to 5.6 percent by now.

Tax increases never bring in the promised about of revenue, because  they depress economic activity, and people avoid the taxes. 

Read more at http://www.reagancoalition.com/articles/2012/20121005009-obama-stipulated.html#uVMIT8TddXCd8ESF.99