July 10th, 2012
04:12 PM ET

Obama, Romney ratchet up back and forth over outsourcing

Washington (CNN) - President Barack Obama, who took his renewed pitch to cut taxes for the middle class to Iowa Tuesday, and Republican presidential candidate Mitt Romney ratcheted up the tense back and forth over outsourcing work overseas in an appeal to those hit hardest by the economic downturn.

At its core, the debate is a fierce battle to win the support of middle class voters - especially those in battleground states.

The Obama campaign continued hammering Romney over his private equity firm, Bain Capital, which "owned companies that were pioneers in the practice of shipping work from the United States to overseas call centers and factories making computer components," according to a television advertisement released Saturday. Obama's campaign has also been forcefully pushing a Washington Post report that calls Romney's former private equity firm, Bain Capital, a "pioneer" in outsourcing jobs overseas.

The campaign has made the report a focal point of its ads against Romney, and the president frequently mentions it in his stump speeches.


Topics: 2012 Election
Obama, the GOP and the economic blame game
June 8th, 2012
02:50 PM ET

Obama, the GOP and the economic blame game

(CNN) - President Barack Obama said Friday that partisan gridlock has helped hobble economic growth and has brought legislative business to a crawl, and he put the blame squarely on an uncooperative Congress.

"If Congress decides, despite all that, that they aren't going to do anything about this simply because it's an election year, then they should explain to the American people why," he said in an appearance in the White House briefing room.

"There's gonna be plenty of time to debate our respective plans for the future. That's a debate I'm eager to have. But right now, people in this town should be focused on doing everything we can to keep our recovery going and keeping our country strong, and that requires some action on the part of Congress."

Republican congressional leadership blasted right back, accusing the president of finger-pointing when it comes to the nation's economic woes.


Topics: Congress • President Obama