{"id":14141,"date":"2012-10-26T18:01:18","date_gmt":"2012-10-26T18:01:18","guid":{"rendered":""},"modified":"2012-10-26T18:01:18","modified_gmt":"2012-10-26T18:01:18","slug":"biden_romney_wants_500_trillion_tax_cut","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2012\/10\/26\/biden_romney_wants_500_trillion_tax_cut\/","title":{"rendered":"Biden: Romney Wants $500 Trillion Tax Cut"},"content":{"rendered":"

RUSH: Folks, listen to this. This is Joe Biden. This is this morning in Oshkosh, Wisconsin<\/a>. Listen to this.<\/p>\n

BIDEN: You can\u2019t erase what you\u2019ve already done. They voted to extend tax cuts to the very wealthy, giving a $500 trillion tax cut to 120,000 families.<\/p>\n

RUSH: Five-hundred trillion tax cut. The national debt is $16 trillion.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Grab sound bite 28. We had to ram this through right at the conclusion the previous hour. Joe Biden. I don\u2019t know if you chalk this up to losing it, but, folks, the wheels — no, I better be careful here. I better be careful. Well, I was gonna say the wheels are coming off. The wheels are coming off Biden\u2019s training cycle. I\u2019m gonna pull back on the daily Rush feeling. You know, there are daily tracking polls out there, but there\u2019s also my instincts, where I am on a daily basis, as it relates to this election and this campaign. I\u2019ve let it out a number of times in the last six months what I think is gonna happen on Election Day, but I know it makes many of you nervous so I\u2019ll hold it back here for a while.<\/p>\n

But I do want to play this Biden sound bite, whether he\u2019s losing it or they\u2019re just panicked over the top here trying to scare people. Obama, in each of the three debates, pointedly lied about the size of a tax cut that Romney supposedly has for the rich, a $5 trillion tax cut. It\u2019s mathematically impossible. There is no $5 trillion tax cut proposed. I\u2019d like to see one, actually. There isn\u2019t one. It doesn\u2019t add up. But Romney\u2019s never proposed one. Not even close. Even if you factor all of the loopholes and deductions Romney says he wants to close, by lowering the tax rate, you still don\u2019t get to anything that, quote, unquote, costs our precious government $5 trillion. And that audit not be the focus of any economic policy anyway. <\/p>\n