RUSH: Obama, he has come out with a new jobs plan. Folks, you talk about a guy that’s totally on the defensive now, he has announced a jobs pamphlet. He’s got a second-term agenda that he’s out there trying to sell now. And the new iPad Mini is thinner than his pamphlet. There is the most amazing AP story here, ladies and gentlemen. I have that story here in my formerly nicotine-stained fingers.

I just want to tell you, the only thing new in this new plan of Obama’s is his promise to remove a deduction for moving jobs overseas. The only problem is that is an Obama fantasy. There is not a tax deduction for moving jobs overseas. It is not written that way. There is no such tax deduction. This is a bunch of bull. You know, this came up in the second debate, and Romney called him on it, maybe the first debate. Romney looked incredulous, “What do you mean, tax deduction for sending jobs overseas? There is no such thing.” Obama laughed, (imitating Obama) “You’re supposed to be the big financial guy, and you don’t even know.” So Obama’s promised to remove it, but it doesn’t exist.

You know, the fact-checkers have gotten in gear today. We’re gonna get to that here in just a second. The fact checkers have gotten in gear. Obama lied through his teeth last night and everybody got a little upset with Romney for not calling him on it, but there is a certain element of truth to the fact that post-debate media will take care of that stuff. The fact check on Obama today is brutal on how much he lied last night about things. So he must think that he still lives in a media vacuum where whatever lie he tells will not be exposed, that it’ll be promoted as the media has always done for him. It’s an Obama fantasy, folks. There is no deduction for moving jobs overseas. How ridiculous does that sound anyway?

BREAK TRANSCRIPT

RUSH: This is Jessica Yellin at CNN, and Jessica Yellin at CNN is reporting on Obama’s new second-term agenda. CNN! CNN’s Jessica Yellin, in the tank, can’t find anything new here.

YELLIN: (shouting) I wouldn’t put it that way because he has put this out before! He’s just never put it out in a booklet like this! We heard these same details at the Democratic convention. We’ve heard them from his mouth on the campaign stump for days and months and weeks. Uh, and so my point is there’s not anything significantly new in here. Uh, it’s just all compiled in a nice booklet now. So we get the point that there is something. Uh, but you can still critique it for lacking details about: Will he pursue immigration reform? What specifically would his tax reform plan look like drilling down into the details?

RUSH: There aren’t any. There is nothing new here. Nothing to see here, folks. Move on. It’s coming apart at the seams out there for old Barry! CNN. You know they would love to talk about what’s in here that’s gonna kill Romney. There’s nothing in there except this phantom limitation of a tax deduction that doesn’t exist. He’s gonna eliminate the tax deduction for creating jobs overseas. There isn’t such a thing!

I’m trying hard not to scream and be incredulous here, but I don’t know how to avoid it. Just last night he’s all over Romney for not telling us how he’s gonna get there. (impression) “Well, he’s got this plan but it doesn’t tell us how he’s gonna get there. It’s nothing new. It just in a booklet form. First time it’s been in a pamphlet.”