President Obama's traveling press secretary Runs Through $5 Trillion Tax Math With Reporters

[cal04]

Jen Psaki, traveling press secretary for the Obama campaign, started the press gaggle aboard Air Force One Sunday by running through the math of Mitt Romney's tax plan, according to a readout of the gaggle. "I just wanted to go through some simple 'back of the notecard' math on how we get to the $5 trillion [number]," Psaki said.

So lowering the rates, as Mitt Romney has said he would do, to 20 percent -- $2.7 trillion over 10 years; eliminating the AMT -- $700 billion; repealing high-income payroll tax -- $300 billion; ending estate tax -- $150 billion; lowering the corporate rate from 35 to 25 -- $1.1 trillion. That adds up to $4.8 trillion. If you factor in interest for additional borrowing, you get to $5 trillion.

Obama Spox Runs Through $5 Trillion Tax Math With Reporters
http://livewire.talkingpointsmemo.com/entry/obama-spox-runs-through-5-trillion-tax-math

[liberal N proud]

1. 10X more information than Romney will provide.

[zbdent]

2. and you're being generous ...

[liberal N proud]

3. Didn't want to appear that I was overstating things.

[tclambert]

4. But Romney/Ryan have a secret plan to make it revenue neutral!

Step 1: Steal underpants.
Step 2: ????
Step 3: PROFIT!

[AgingAmerican]

5. That and they...

"haven't run the numbers yet".

[Cha]

6. Ryan Accused A Reporter of "Stuffing words in his mouth"

when all the reporter did was ask about the tax cuts and gun violence..

http://www.democraticunderground.com/1014260287