New York (CNNMoney) - The nature of campaigning is to make promises. The nature of governing makes it hard to keep all those promises. And so do unforeseen events, like recessions.
That may be why even those who broadly favor the kind of tax reform that Mitt Romney is proposing - lower tax rates, fewer tax breaks - worry that his $5 trillion plan might not deliver all that he's promised.
Watch CNN's coverage of Tuesday's presidential debate starting at 7 p.m. ET on CNN TV, CNN.com and via CNN's apps for iPhone, iPad and Android. Web users can become video editors with a new clip-and-share feature that allows them to share favorite debate moments on Facebook and Twitter. Click here for 13 reasons to watch the debate only on CNN.FULL STORY
(CNN) - Republican vice presidential candidate Paul Ryan delivered a weekly podcast Saturday, charging President Barack Obama with raising taxes and further burdening the middle class.
For their part, Ryan and GOP presidential nominee Mitt Romney "will start with a permanent, across-the-board, 20% cut in marginal tax rates," Ryan said in his remarks.
New York (CNNMoney) – Mitt Romney promises to pay for his $5 trillion in proposed tax cuts so they don't add to deficits - and would do so in large part by curbing tax breaks on the rich.
He also has promised not to raise taxes on the middle class.FULL STORY
(CNN) – A new ad released by Mitt Romney's campaign Sunday pushes back against a claim President Barack Obama repeatedly leveled at Wednesday's presidential debate - a claim CNN's Fact Check found to be false.
"President Obama continues to distort Mitt Romney's economic plan," the narrator in the spot says.
New York (CNNMoney) - The first debate between President Obama and Mitt Romney was a fire hose of fiscal issues that nonetheless left many questions unresolved.
Romney did try to answer one unequivocally: He said he will not cut taxes for the rich.FULL STORY
(CNN) – Mitt Romney detailed with fresh specificity this week how he would pay for large tax cuts he's proposed for all Americans, though his campaign says the suggestions were merely options and not a firm look into what policies he would seek to enact as president.
In the interview with CNN affiliate KDVR on Monday, Romney began by offering the broad strokes of his tax plan that he's been touting for months: lowering rates for all Americans and limiting deductions for higher income tax payers.
Tune to CNN for Wednesday's presidential debate coverage starting at 7 p.m. ET on CNN TV, CNN.com and via CNN's apps for iPhone, iPad and Android. Web users can become video editors with a new clip-and-share feature that allows them to share favorite debate moments on Facebook and Twitter.
(CNN) - Mitt Romney's Friday release of some tax documents came after months of pressure on the Republican candidate to make public more of his financial picture.
Republicans urging further release hoped additional documents would put the issue of what Romney paid to rest. Democrats speculated that hidden within the unreleased years were politically embarrassing secrets, with Senate Democratic leader Harry Reid claiming he had been told that Romney had not paid taxes over the course of a decade.
(CNN) – Sen. Harry Reid said nothing of his earlier claims that Mitt Romney had not paid taxes over a ten-year span in a Friday statement joining Democrats in responding to Romney's release of tax-related documents on Friday.
The Nevada Democrat and Senate majority leader called Romney's accounting "galling" and said the documentation "reveals that Mitt Romney manipulated one of the only two years of tax returns he's seen fit to show the American people – and then only to 'conform' with his public statements."
(CNN) – At first glance, Mitt Romney's decision to release his tax return on a Friday afternoon seemed to be a way to bury a story that has dogged the Republican presidential candidate for much of this year.
But was this a case of the "Friday news dump" that's become commonplace in the nation's capital?
Maybe, but maybe not.