Finally, Romney's promise to introduce tax cuts that "reward job creators" oversimplifies a plan that could have huge ramifications for the nation's taxpayers. Tax cuts would add to the federal deficit, which Romney has vowed to shrink. He says any tax cuts would be paid for by closing certain deductions and loopholes but has refused to provide any details on plans that may ultimately affect popular deductions like those on mortgage interest.
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Associated Press writer Matthew Daly contributed to this report.
EDITOR'S NOTE _ An occasional look at the claims in political advertising.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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