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.