The presidential debate: Mitt Romney swears that his tax cuts won't add to the deficit
"I'm not looking for a $5 trillion tax cut," Romney said, vowing not to add to the country's ballooning debt
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
You are now subscribed
Your newsletter sign-up was successful
Early in the first presidential debate, Mitt Romney said his across-the-board tax cuts will not add to the deficit. He also said he would not reduce the "share" of taxes paid by higher-income Americans. Romney's tax plan has been widely criticized for pledging to close the deficit while steeply lowering tax rates, which many economists say is mathematically impossible without raising the tax burden on the middle class by closing popular loopholes and deductions. Obama rejected Romney's claim, saying, "It's math. It's arithmetic." Here, some reactions from the Twitterverse:
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.