Romney chides Obama for '4-4-4' plan

Nov. 2, 2011 at 5:06 PM

NEW YORK, Nov. 2 (UPI) -- Republican U.S. presidential candidate Mitt Romney joked Wednesday that President Obama's economic plan could be summed up as a 4-4-4 strategy.

Speaking at a fundraiser in New York, Romney said the president's strategy added up to four years in office leading to $4 trillion in new national debt and 4 million jobs down the drain.

The "4-4-4" idea was a play on rival Herman Cain's much-debated "9-9-9" plan to simplify the U.S. tax code. CBS News said it was an aside to a 15-minute speech that focused mainly on foreign affairs and Romney's own ideas about the economy.

The 300 donors who attended the fundraiser at a Manhattan hotel included hedge fund tycoon John Paulson and Woody Johnson, the owner of the New York Jets, CBS said.

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