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FBN’s Rich Edson on the Republican candidates addressing the auto bailouts and the economy ahead of the Michigan Primary.
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Right -- Republican presidential candidate Mitt Romney making remarks on his economic policy Detroit earlier today stressing the importance.
Of tax cuts and job growth.
Richardson is in Detroit -- were were really days away from this pivotal primary in Michigan.
Did mr.
Romney say any thing to shift momentum in Michigan.
Because that's what it's all about.
Well absolutely you look at the state like this he was born here raised here -- to capture this state to stop the momentum of Rick Santorum and today gave a very measured speech laid out many of the proposals.
That he has done -- mostly over the campaign season over the past couple of days since he came out.
But that large -- economic proposal a couple of days ago.
You know the Republican candidates all four of them have opposed the auto bail out as designed by president Obama's big issue in this state and all the candidates -- to at least Santorum and Mitt Romney in the polls in this state.
Addressed the auto bail out a little earlier today.
In my view the industry got in trouble because the UAW asked for too much.
Management gave too much -- made other mistakes.
And the government cafe standards hurt domestic auto makers.
And provide a benefit to some of the -- I.
Oppose all bailouts and so when.
You know governor -- supporting his friends on Wall Street but wasn't supporting.
The the auto workers and southeastern Michigan.
It because it certainly wasn't a matter of principle it was a matter of at all I guess maybe who you who your friends are.
It's very much the dynamic from today Rick Santorum attacking Mitt Romney Mitt Romney attacking President Obama -- was so what about their broader economic plans rich.
But when you look at what they've Romney.
25% corporate tax rate getting rid of some of some of the deductions that we really won't -- many of those deductions -- to the Alternative Minimum Tax.
He did mention some proposals when he came to health care and entitlements in Social Security.
Especially you know raising the retirement -- -- AG wants to Begin that program.
At at ten years should now for.
Rick Santorum this is absolutely an issue for him.
When it comes to manufacturing his proposal 0%.
Corporate tax rate for manufacturers though the problem is when you look at nonpartisan analysis of all this they -- these plans.
Add to the deficit back to you.
Thank you rich Edson thank you very much.
