(CNN) – President Barack Obama heads to the crucial battleground state of Ohio Monday to tell voters that Republican challenger Mitt Romney's tax proposals would send American jobs to countries overseas, including China.
The Romney campaign responds that the new allegation from the Obama campaign is "another dishonest attack."
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The president holds a town hall in Cincinnati Monday, where his campaign says he'll highlight his push to extend the middle class tax cut and where he'll tout his administration's 2009 bailout of the U.S. auto industry, which Democrats say saved thousands of jobs in the Buckeye State. Romney has repeatedly stated his opposition to the president's loaning of taxpayer dollars to Chrysler and General Motors while they reorganized during bankruptcy protection.
The Obama campaign also says the president will discuss a new report that estimates that Romney's "support for eliminating U.S. Taxes on American companies' foreign incomes would create 800,000 jobs in other countries, including 73,000 jobs in China. These jobs are likely to come at the expense of American workers, in cities like Cincinnati."
The report the Obama campaign is touting, published in Tax Notes, concludes that the reforms Romney supports "would significantly increase incentives for U.S. firms to move economic activity abroad."
The Romney campaign quickly fired back.
"President Obama is at it again today with another dishonest attack meant to distract from his own record of failure. After spending three years pushing policies that drive jobs overseas and sending taxpayer money to foreign-owned companies, it's clear President Obama doesn't have a clue when it comes to job creation in America," Romney campaign spokeswoman Amanda Henneberg told CNN.
"Our corporate tax rate is the highest in the industrial world and impairs the ability of American businesses to both compete globally and create jobs here at home. Mitt Romney has a comprehensive plan to reform the corporate tax code that will lower rates, get rid of incentives for firms to create jobs in other countries, and encourage the kind of economic growth President Obama has been unable to deliver," added Henneberg.
The new back and forth comes as both campaigns have repeatedly accused the opposing candidate of outsourcing U.S. jobs overseas. A non-partisan fact checker -Factcheck.org– has poked some holes in Obama campaign commercials that accuse Romney of outsourcing.
The stop in the Buckeye state will be the president's eighth trip there this year. Obama held his first official campaign rally of his re-election bid in Columbus in early May and a week and a half ago he spent two days on a campaign bus tour through the northern part of the state.
Ohio's a battleground or swing state, which will be heavily contested by both major parties in the presidential election. The most recent poll in the state, conducted late last month by Quinnipiac University, indicated the president with a 47%-38% lead over Republican challenger Mitt Romney. In the 2008 election, Obama won the state by five points over Sen. John McCain, the GOP presidential nominee.
Romney was last in Ohio on June 21, and heads back on Wednesday, holding an event in Bowling Green, in the northwestern part of the state. The trip will be Romney's 11th to Ohio this year, though many of the stops were for the state's GOP primary, which was held in early March.
In advance of the president's town hall in Cincinnati, top Romney surrogate Sen. Rob Portman of Ohio held an event in nearby Lebanon. Portman is considered to be one of the candidates Romney is seriously considering as his running mate.
Since April 10, the Obama campaign has spent nearly $10 million to run ads on broadcast TV in Ohio. And the Romney campaign has shelled out more than $3.7 million. When you add in money spent by independent organizations, including advocacy groups and so-called super PACs, there has been more than $22 million in ad buys in Ohio.
The figures come from data provided to their clients by Kantar Media/Campaign Media Analysis Group, which tracks political ad spending on broadcast TV and national cable. The data covers the period from April 10 through May 24. April 10 is the day former Sen. Rick Santorum of Pennsylvania suspended his presidential campaign. Santorum was Romney's main rival for the Republican presidential nomination, and when he left the race, the former Massachusetts governor became the presumptive GOP nominee.
From CNN Politics
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What a sad, desperate-sounding man the President has become.
That ol' fool Romney respresents all that wrong with whit folk. He rich and wont share his money widt no body. Selfish ol' white religeous nut. Axe you self if Obama is the man and you wll say Yes Obama is the man!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I bet you 10,000that romney the clown is way more dishonest then president Obama .the Gop bafoon party is a cancer in our government that needs to be destroyed in Nov !!!!!!
Desperate is BAIN-CAPITAL. Yes, on O-B-A-M-A12. Period.
Take it to him Mr. President! You've hit him hard with jabs and body blows.......now he's sticking that glass jaw out there........he's ripe for the haymaker. The Bain attacks are hitting him right where he lives. You are in his kitchen......just keep breaking those eggs!
why isn't obama talking about all his great accomplishements over the last 4 years and how the economy is doing great and everybody is back to work? oh yeah he's got none and none of this happening. ok, so why isn't he talking about everything he's going to do differently over the next 4 years to make this better? oh yeah, he's goingto keep doing the same things that haven't worked over the last 4 years. ok, that explains why all he can do is to try and portray romney as an evil greedy business guy even though the guy has been very successful at everything he has done. the anti-obama so to speak.
If anyone would know a dishonest attack, it would be a republican. Ealry on I thought Romney would win going away. But now he's looking more and more like the republican version of John Kerry.
Romney is intelligent. He knows how to make a business successful and profitable. Obama, by his very nature, lacks such intelligence. Need proof? Look at his record for the past three years.
"Mitt Romney has a comprehensive plan to reform the corporate tax code that will lower rates, get rid of incentives for firms to create jobs in other countries,"
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Hold it right there mister! The CEO, Sole Proprietor & Chairman of the Board of the company that was a "pioneer" in job outsourcing is lecturing to us that he'll cut tax loopholes? Give me a break. That will be a tax hike on him and his uber wealthy corporate donors. He can't have that. Willard, first move your money into AMERICAN BANKS for starters and then maybe we take you seriously. But then again, maybe not.
Note how Romney's only response is to attack the messenger and never actually come clean about anything. Show us your papers Mitt.
Outsourcing banking jobs to the Caymens and to the Swiss... A tax evader and draft dodger! Even Sarah was picked over Mitt! Is this the best the Republicans have? Show us you papers Mitt!
Timeline of Romneys employment Bain, and companies that were outsourced and raided during that time. Coming to a computer near you soon
mitt to the common man... "drop dead"
Nobody challenges the fact that years of outsourcing have cost many, many American jobs. I want President Obama and Mr. Romney to list specific steps they will take to eliminate outsourcing.
Obama is going to go down as one of the worst presidents in American history. his hole plan is to make one half of America work to pay for the other half. tax the rich, they can pay for the current rate of spending for four days and then we can tax them more.
Odd photo... Is that SWEAT?... Or did someone spill a drink on him?
three level garages, swissing yachting, and a half billion dollars... all made off our sore backs
dont let up on the BAIN attack Mr. President!!!....this is the downfall of mitt robme...he can't show his tax returns becuase he already outsourced all of his TAX RETURNS to SWISS BANK ACCOUNTS, the CAYMEN ISLAND & BERMUDA!!!
Just what is mitt robme hiding?...AMERICANS DEMAND ANSWERS...WE DESERVE TO KNOW!!!!
No disrspect intended here... but did he get hit in the shoulder with a water baloon or something? His shirt is soaking wet.
Pres. Obama is prescient. He knows that a return to the right wing ideological tax policies of the Bush years will have the same result. We saw US manufacturing jobs drop from 19 million to 11 million between 2001 and 2009 thanks mostly to the same type of business tax cuts that Romney is proposing that are supposed to "spur economic growth." The only growth Romney is talking about it someone's bottom line. Note that he didn't say "jobs growth", but rather "economic growth."
One of the reasons it is less expensive for corporations to create jobs overseas is that companies don't have to pay health care benefits for their employees. The government provides healthcare expenses.
Watching Sunday-morning media-blitz on the 2012 Presidential-campaigns..one thing stood-out that the Obama-campaign is desperate and in trouble.."WHY"..? All Personalities appearing in defense and attacks for Obama such as .......
David Axlerod, the Mayor of Chicago, etc never answered any questions asked about the Obama-campaign but knew every itsy-bitsy detail on the Romney-campaign..."How true can that be"...? Their body-language tells-it-all when muting their voices.............On November 6, 2012 America will drop LIke-able_Obama in favor of Capable_Romney who knows how to create the environment and also how to inspire American-Companies to join-in to create "jobs, growth and prosperity"...just as Romney showed Leadership at Bain Capital to create growth and wealth for all Bain-Investors which includes Pension-funds, Charities, Individuals,etc...and yet the Obama-campaign wants to convince Americans that the practice of Capitalism is some evil-doing and single-out Romney in their witch-hunt....and here we are.........
Poor old Mitt. It's not a dishonest attack, it's just an attack. Get over it or drop out.