By

Leigh Ann Caldwell /

CBS News/ October 4, 2012, 2:05 PM

Drawing from debate, Obama ad hits Romney on taxes

US President Barack Obama answers questions during the daily press briefing in the Brady Briefing Room at the White House in Washington on August 20, 2012.

US President Barack Obama answers questions during the daily press briefing in the Brady Briefing Room at the White House in Washington on August 20, 2012. / SAUL LOEB/AFP/Getty

Drawing on Wednesday night's debate where President Obama focused heavily on criticizing Mitt Romney's tax plan, the Obama campaign released a new TV ad continuing to hammer Romney, calling him untrustworthy.

The ad includes a clip of Romney from the debate saying that he is "not in favor of a $5 trillion tax cut. That's not my plan."

"Why won't Romney level with us about his tax plan, which gives the wealthy huge new tax breaks?" the narrator asks, pointing to a study by the Tax Policy Center that says Romney's plan would cost $4.8 trillion over 10 years largely because he hasn't detailed how he'd pay for it.

"Because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it," the narrator continues.

After strong debate, Romney releases positive ad
Fact checking the first presidential debate

"If we can't trust him here," the narrator says with images of Romney at the debate, then cutting to a picture of the Oval Office, the narrator concludes, "How could we ever trust him here?"

Meanwhile, the Romney campaign, in conjunction with the Republican National Committee, released their own television ad focused on taxes, responding to critiques the president made at the debate.

The ad defends Romney's plan and points to a study by the conservative-leaning American Enterprise Institute that says the president's plan raises taxes on the middle class by $4,000.

© 2012 CBS Interactive Inc. All Rights Reserved.
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    Leigh Ann Caldwell is a political reporter for CBSNews.com.

12 Comments Add a Comment
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dreamspan says:
One simple way to describe Mitt Romney is, STUPID IS AS STUPID DOES.
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gburgessx7 says:
As I read last nights debate transcripts, it's becoming abundantly clear that Romney(the master flip flopper) has lied himself right into a huge political trap. That must really make conservatives feel real good right down in their gut huh about "their" candidate? LOL
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dreamspan replies:
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As long as Obama keeps him on the defense, as this new ad on Mitt's tax plan did, then Obama is guaranteed a second term. When you have to play defense all the way down to the finish line, you have no chance to play offense.
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TJphoto says:
Leading up to the debate the Romney Campaign stated he would have specifics.
What I saw last night were ideas, the specifics would have been how to implement them and pay for them. Just telling us what he thinks we want to hear doesn't cut it.
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jbg8626 says:
$90 Billion in green energy losers = 2 million teachers jobs.
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Yeshuratnam says:
Team Obama's aggressive propaganda gave a bad picture of Romney -- that he is politically immature, that he has poor knowledge of American economy and that he is a bumbler in foreign policy. One liberal media financed by Islamists went to the extent of saying that his mental ability is weak. But viewers who are seeing Romney on the stage for the first time were surprised to see a
dynamic leader, a leader of substance, of ideas and ideals and with sound mental alertness By indulging in personal attacks and character assassination, Team Obama and liberal media brainwashed American people by giving a wrong image of Romney. So it was a real surprise for millions of Americans to see a Romney with a vast knowledge of international affairs firm grip on economic issues. His practical ideas to save America from political turmoil that we see today in the Middle East due to the inept handling of foreign policy by Obama and his formula to redeem the country from deep recession and mammoth unemployment, reminded the viewers that he is another Reagan who can pull the country out of the current economic chaos and restore the prestige of America in world affairs.
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apu_20 says:
I really appreciate the press for treating Obama like God and treat him with kid gloves. The press did Romney a huge favor. If the press treated Obama the way the treat Romney, Obama will be far better prepared for the debate and the questions. So my advice to the press, keep dong what you are doing and keep treating Obama like the Messiah.
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parrot2-2009 says:
It's easy for anyone to sound confident and win debates, if they don't have to THINK or WORRY about the truth of whatever they can argue with, or for, or against. Dumb DUmb repugs !!
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apu_20 says:
A question for the President: You said the 2012 election is about Forward. Forward to what? Forward to record unemployment, record youth unemployment, job killing regulations, more printing money and inflation, more stimulus, more debt, downgrade debt rating, more deficit, more Food Stamps and Welfare, more Occupy Wall Street, more shovel ready Green Projects, more Solyndra, shutting down Keystone Pipeline, higher gas prices and shutting down oil industry in the Gulf, lack of education reform, more apologies and Middle Eastern unrest, foreign policy failure, imploding health care, closing Gitmo, amnesty for illegal aliens in exchange of votes, more socialism, DOJ refusal to prosecute hate groups like black panther, lawsuit against states, more Harry Reid, Nancy Pelosi and attorney general Holder, more David Latterman, George Clooney Jay Z and Beyonce, more political correctness, blaming bush, no budget over four years, pandering to Unions, dividing the country by pitting Americans against each other, more class warfare and above all more speeches about more Hope and Change?
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LethargicSynapse replies:
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Are you serious? Wow. Almost all of that is made up, and your "record unemployment" thing is false. Maybe you didn't notice but the unemployment rate is under 8 percent now.

Get facts to bring to the table if you want to have a point.
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Patriot_70 says:
Wow, and to think, that all the president had to do was make a phone call, and you bow to him like a slave.

YOU are more pathetic than the president was in the debates last night.

..."complete with teleprompters"

Seems that the only way this president can talk - is if he is using someone else's words.
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Neo-Communist-Democrats says:
You better run and hit Romney on taxes from the safety of the campaign trail since he kick you behind last night in front of the nation as you looked like a scared deer in the headlights of an oncoming truck on the highway.
Mitt will put you in your place in the next debate on that as well.
He''l tell Americans that your 5 trillion in spending along with Obamacare will be the greatest tax increase coming next year and you will not be able to deny it.
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