President Obama Campaigns in Columbus
President Obama touted his plan to raise taxes on wealthier Americans and shift defense spending to help pay down the deficit. The president made his comments yesterday in one of two stops he made in the buckeye state.
President Obama says Republican Mitt Romney is promising to cut income taxes and spend trillions more on defense while, at the same time, reducing the deficit. Mr. Obama says it’s important to note that Romney isn’t saying what he’ll cut from the federal budget in order to be able to do that.
"I’m telling you…..you cannot make it work. You cannot cross the “I” and dot the “t’s” on this plan. And Columbus is a town where you’ve got to dot the “I”," says the president.
At the same time Mr. Obama was speaking, Republican U.S. Senator Marco Rubio was telling a crowd at the Ohio Statehouse that the national debt is out of control and will continue to grow under the President’s plan. Rubio says lower taxes and fewer regulations are necessary to create new jobs.