DANVILLE, Ky. (CBSDC/AP) — While clashing over the economy Thursday night at the vice presidential debate, former President John F. Kennedy got mentioned.
While tangling over tax plans under President Obama and Republican presidential candidate Mitt Romney, Vice President called out vice presidential candidate Paul Ryan when he said Kennedy cut tax rates while he was in office.
“Oh, now you’re Jack Kennedy,” Biden retorted.
The moment brought back memories of the 1988 vice presidential debate when Democratic vice presidential candidate Sen. Lloyd Bentsen told Republican vice presidential candidate Dan Quayle: “You’re no Jack Kennedy.”
Ryan said there aren’t enough rich Americans to tax to pay for all of President Barack Obama’s spending.
Ryan told viewers of the vice presidential debate, quote, “Watch out, middle class. The tax bill is coming to you.”
Ryan said he and Mitt Romney want to give Congress a framework for taxes that involves lowering rates by 20 percent. He says he guarantees that can be paid for by closing loopholes, mostly on the upper class. But he isn’t saying which loopholes he’d close.
Vice President Joe Biden said the only way to pay for Romney’s plan is to raise middle-class taxes. He says Republicans insist on needless tax cuts for the rich and are holding hostage middle-class tax cuts that Obama wants to make permanent.
(TM and © Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)