Obama defends attacks on Romney's Bain record

Print
Email
|

Associated Press

Posted on July 17, 2012 at 11:05 AM

Updated Tuesday, Jul 17 at 1:05 PM

CLEVELAND (AP) — President Barack Obama says it's "hardly a personal attack" for his campaign to target Mitt Romney's background with the private equity firm Bain Capital.

In an interview with a Cleveland TV station (WEWS), the president says the focus "goes to the rationale for his candidacy," and the public should know if companies Romney's firm took over sent jobs overseas.

Romney is campaigning in Pittsburgh today, where the Obama camp is airing an ad questioning whether the candidate's reluctance to release his personal tax returns may be because he's avoided paying his share of taxes.

Romney has released his 2010 tax return, which showed he paid an effective tax rate of about 15 percent, and has promised to release his 2011 return.

Romney is counterattacking with accusations of cronyism. His campaign contends that Obama's Energy Department has steered loans and grants to companies run by his political supporters. The Obama campaign says those decisions "were made without regard to political connections" and grants have gone to projects with "robust connections" to Republican donors.

%@AP Links

130-a-07-(Stephanie Cutter, Obama campaign deputy manager, in interview)-"a legitimate discussion"-Obama Campaign Deputy Manager Stephanie Cutter says the president's campaign is not being unreasonably negative about Mitt Romney. COURTESY: NBC's "Today" show ((mandatory on-air credit)) (17 Jul 2012)

<<CUT *130 (07/17/12)>> 00:07 "a legitimate discussion"

131-a-12-(Stephanie Cutter, Obama campaign deputy manager, in interview)-"run this country"-Obama Campaign Deputy Manager Stephanie Cutter says the campaign has looked into Mitt Romney's finances and business career because the voters need to know more about him. COURTESY: NBC's "Today" show ((mandatory on-air credit)) (17 Jul 2012)

<<CUT *131 (07/17/12)>> 00:12 "run this country"

132-a-05-(Stephanie Cutter, Obama campaign deputy manager, in interview)-"in this country"-Obama Campaign Deputy Manager Stephanie Cutter says the campaign has a responsibility to highlight the stark differences between Mitt Romney and the president. COURTESY: NBC's "Today" show ((mandatory on-air credit)) (17 Jul 2012)

<<CUT *132 (07/17/12)>> 00:05 "in this country"

Print
Email
|