Romney backs Ron Paul’s “Audit the Fed” & Bush’s “read my lips” pledge

Photo Credit: davelawrence8 Creative Commons

Borrowing a key element of the anti-government libertarianism that fueled rival Ron Paul’s presidential campaign, Mitt Romney said Monday that he thinks the Federal Reserve should face an audit:  “Very plain and simple, the answer is yes. The Federal Reserve should be accountable. We should see what they’re doing,” Mr. Romney, the presumptive Republican presidential nominee, said at a town hall in New Hampshire.

Mr. Romney also pushed back against President Obama’s claims that the former Massachusetts governor would raise taxes on the middle class if elected.

“Let me tell you the heart of my tax proposal: I will not raise taxes on the American people, I will not raise taxes on middle-income Americans,” Mr. Romney told supporters at St. Anselm College, where he and running mate Rep. Paul Ryan made a grand entrance to the theme song from the movie “Rudy.”

The visit marked the first joint appearance for Mr. Romney and Mr. Ryan in New Hampshire — a state that could prove pivotal come Election Day.

The event gave Mr. Romney a chance to fire back at Mr. Obama, who two days earlier in nearby Windham told voters that Mr. Romney’s tax plan would mean that the wealthy get a tax cut and middle-class families will pay more.

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