President s math. It still doesnt seem to add up. Again today on the campaign trail, the president brought along his fancy glossy booklet outlining his plan for the next four years. This is the plan we need, virginia. This is how you build a strong, sustainable economy. Ive got it here too. But we didnt want to take his word for it. As we told you told, the plan doesnt exactly add up. Inside the glossy, it says president obamas plan reduces the deficit by more than 4 trillion over the next decade. How hes going to do it, well, thats still a bit of a mystery. Of course, the Obama Campaign did not exactly like our analysis. But they also didnt exactly you disagree with us. And we give them credit for you you you you you you taking the time to talk to us on the phone and for sending us this 30page document. All right . Back to the glossy, though, for a moment. One of the claims we took issue with this is line right here. President obama would commit half of the money saved from responsibly ending wars in iraq and afghanistan to reducing the deficit and the other half to putting americans back to work, rebuilding roads, bridges, runways and schools here in the United States. Now, as the president noted earlier on that page, the wars have been purchased on a credit card, borrowed. As we told you, the money thats borrowed to begin with and also money they hadnt planned to spend in the first place. The wars had been scheduled to end. So savings as the president s plan proposes, no. The campaign recognized our point and said this was a matter to debate, but they didnt directly dispute it. Now, we also took issue with the fact that the president s plan says it will close loopholes, but doesnt tell us exactly which ones. Kind of like theyve accused mitt romney of doing. When we made that assertion, we looked hard through the entire Campaign Website like any voter would do to find the information. We couldnt find it. Now, the campaign took issue with our comment, saying our equating their lack of detail on loopholes to mitt romneys was a false equivalency, so they sent us details this afternoon. More accurately, they sent us the president s 2013 budget tables. And they say i guess if this one year is a reflection of everything the president would do for the next four years, then its fair. They gave us the loopholes. The tables of their 2013 budget submitted in february are right here, starting on page 15 of 30, after devoting 14 pages to taking aim at the gop plan. But does it add up to the president s plan of cutting 4 trillion from the debt . Well, no. The nonpartisan, cbo, analyzed this budget and concluded, and ill quote them, over the 2013 to 2022 period, the cumulative deficit that would result from enacting the president s budget, 6. 4 trillion, or more than 3 of gdp, would be 3. 5 trillion larger than the cumulative deficit projected under current law. So thats 3. 5 trillion in new borrowing they have to pay for before they start the 4 trillion in cuts. Congressman Chris Van Holland is a democrat of maryland and we appreciate you taking the time, sir. I want to talk about these loopholes. I know Everyone Wants to close them. Its part of any fair and balanced tax overhaul in this country. Then, of course, you realize the special interests that will try to kill you when you try to close the loopholes. So when we looked at the loopholes and i added them up, we got 1 trillion and netted against the ones the president wants to extend, 400 million. It doesnt add up to much. Doesnt the president need to go after popular deductions like mortgage interest and health care, just like mitt romney does, to make his math work . No, he doesnt. Because unlike mitt romney, the president doesnt call for a 5 trillion tax cut coming out of the box. Thats what sets mitt romney back. He has the 5 trillion in tax cuts and then calls for 2 trillion of the Defense Department doesnt even ask for. So he builds another 7 trillion whole before you even get started. Erin, you covered a lot of territory in the leadin. I would just say, budgets are always compared to what . And the committee for responsible federal budget, which is the leading to fix the debt campaign, did analysis in february of the president s budget plan and the romney budget plan. And they found that the romney budget plan would explode the deficit much more than the president s plan, which brings the deficits under control, under 3 of gdp, by the tenth year, stabilizes the debt to gdp ratio and gets this under control. Whereas the romney plan, according to the folks who are leading the fix the debt campaign, explodes the debt in comparison. What about the cbo, they scored the president s plan over that tenyear period. This year, through 2022. And they say the budget would be 6. 4 trillion, 3. 5 trillion larger than if he let all the bush tax cuts expire. By not letting them expire for people making under 250,000, hes, according to thirdway spending 2. 4 trillion in tax cuts right there. All these budgets, the ryan budget in congress, the president s budget, the romney budget in a big way, all of them do require additional borrowing. The issue is whether you get the trend line in the right direction. And the president gets it much better in the right direction, stabilizing the debt than does the romney budget, according to the one organization that has compared both of them, the committee for responsible federal budget what about just on this pure math on the president s plan . Third way saying extending the bush tax cuts for those making under 250,000 is 2. 4 trillion. Getting rid of them for those over 250,000 it is only raises you 869 billion. I mean, dont we at some point have to be honest with people and say, look, i know we want to say that the wealthy could carry the whole burden and solve this whole problem, but the math doesnt work. Well, actually the president s math does work. In the so he does its about 1 trillion little under 1 trillion when you return to the clinton era rates for folks at the top. The president has also said we are going to reduce the value of peoples deductions for highend income earners. And actually, generates hundreds of billions of dollars that way. Then he does get rid of a lot of unnecessary programs, consolidates programs. He cuts direct payments and agriculture subsidies. So he has about 2. 50 in cuts to every dollar in revenue, which is the kind of balanced approach that we want. Let me ask you this. You brought up 2. 50 in cuts for every dollar in revenue. Simpson bowles suggested 3 for every dollar in revenue. The president did not support Simpson Bowles. And i wanted to read the Washington Post comment in light of that when they endorsed the president today. It was a rather troubling endorsement. Heres their quote. We come to judgment with eyes open to the disappointments of mr. Obamas first term. He did not end as he promised he would a chronic avoidance of tough decisions on fiscal matters. We were disappointed mr. Obama allowed the bipartisan recommendations of his fiscal commission, Simpson Bowles, to wither and die, and he and Speaker John Boehner failed to seal a fiscal deal in the summer of 2011. How is obama going to change that pattern in the second term, is the question i put to you, sir . He had the chance to do a big deal with tough choices, with things like mortgage interest deduction. He didnt do it. Erin, as you know, Simpson Bowles both said this, the president takes the balanced approach they recommend. In other words, every credible bipartisan group, including Simpson Bowles has said if were going to tackle this deficit and debt, weve got to make some tough cuts and we did 1 trillion in cuts last year, but we also need to deal with revenue. The president s plan actually gets a lot closer to the Simpson Bowles ratios than anything that mitt romney has put on the table, because he has refused to he says he wouldnt even take 10 in cuts to 1 in revenue. He wants to protect those tax breaks for very highincome individuals, like himself. Thats his plan. But it it totally busts the deficit and the debts, according to the committee for responsible federal budget. All right. Thank you very much, congressman. As always, i appreciate your time. Thank you. Thanks, erin. And outfront next, a big story out west just released polls that could decide the next president. We are seeing a move that could change the election tonight. And the speaker of the house calls out president obama over libya. 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Hell start investing early, hell find some good people to help guide him, and hell set money aside from his first day of work to his last, which isnt rocket science. Its just common sense. From td ameritrade. Our second story outfront, brandnew polls just out now. And according to the polls, mitt romney has a razorthin lead. Lets go through. The latest cnn poll of polls updated tonight. Looking here on my blackberry as it comes in from our poll master paul, mitt romney leading the president by one point among likely voters nationwide. Thats a dead heat. Its a different story at the state level, which is really, everybody, whats going to matter in terms of who wins. Brandnew polls tonight from nbc news and the wall street journal show the president leading mitt romney by three points in nevada, 5047 and a dead heat in colorado, literally. 4848. Now for mitt romney, those two states are especially crucial, and lets just hold this map up and ill explain to you why. The current cnn electoral map counts those states as tossups. So the president has 237 electoral votes on this map. Mitt romney, 206. Remember, you need 270 to win. So even if mitt romney wins most of the tossups and in that im going to give him florida, virginia, new hampshire, wisconsin and iowa. All of those. He still needs colorado, nevada or ohio to win. Right now he is trailing in nevada and ohio and tied in colorado. Republicans strategist hogan gidley is outfront, along with the Senior Adviser for hillary clinton. Hogan, let me ask you about this issue for mitt romney. Nationally on the polls, obviously, theres been significant improvement and hes ahead. But that isnt how we elect a president in this country. We elect based on what a few states decide to do and he has to pick up swing states to do it. Hes lagging in some of those. Whats his game plan . Right. First of all, i want to give you credit and tell john king he better watch his back. Because that was a really good job with that map, by the way. I watch john king and i try to soak it up. Thats right. Hes a tough act to follow, for sure. Listen, its pretty clear right now, the big story tonight and after these debates has been the fact that mitt romney has chipped away at the huge lead the president had. But for the debates, we might be talking about obama going away with this thing at this point. However, it looks like the numbers amongst women and independents has shrunk considerably, because governor romney did a very good job in those debates. I think the ads helped, too. Showing him that he wasnt the monster that the obama people said he was. So now hes come out with this fivepoint plan. People are gravitating toward that. And it looks like the trajectory is such that he could actually pull this thing out here in the waning days of this campaign. Looks pretty good for mitt romney right now. Doug, let me pick up on something hogan mentioned, which is the women vote and talk about colorado specifically where were in a dead heat, 4848. It was the case that suburban women in colorado last month, the president was ahead by 18 points. Hes now only ahead by three. Is the Obama Campaign worried, seriously, about that . Or not . Well, theyre certainly making an investment of time and money and effort on the women vote, for sure. But essentially were talking about people who are undecided. And you would expect more of the undecided vote to break toward a challenge or not toward the candidate who they already know. And i know the campaign expected this sort of tightening. And the these states, as you said, are more crucial to the candidate who loses ohio, if the president keeps his lead there, does well in ohio, romney really has to bring these states home. And i think one thing that this points to, the tightening in these two states and other battle grounds, were really talking about the ground game now. Which side is really going to do a better job getting out their voters to the polls. This momentum that romney has had doesnt add up to a whole lot. Unless they can get out their voters. And the president , i think, is tightening the polls may have helped, shakes the democrats out of complacency after the president s lead over the summer. Hogan, doug has a good point. Plus the fact from all of the reporting on the ground, doug avalon on the election bus and seeing this around the country, the Obama Administration has more people on the ground in these swing states, more offices, more people, going door to door. Right. And republicans have been saying and championing the fact that theyve got more out on the ground than in 2008. Well, thats great, but thats not the standard. The standard is 2012, and theyve got to have more people out on the ground in 2012 this cycle than worry about boasting they have a better ground game than in 2008. I sure hope so. They got clocked in 2008. So theyve got to do better on the ground, and as as he mentioned just now, the ads are so saturated at this point. It is a get out the vote effort from here on out. And doug, let me ask about the tone, quickly. There was an article in rolling stone, got tweeted around this morning on twitter. The president appeared to call his opponent a bs err. Ill quoted him. Kids have good instinct, they look at the other guy and say well thats a bull [ bleep ]er, i can tell. Very hard to say without saying it. But you know what im saying. You know, and the president also, during the last debate, he was you know, he was definitely saying some nasty things. The horses and bayonets. Is the tone going to work . Is this a smart strategy . I dont know how strategic it was. This is perfectly fine for that particular forum, rolling stone, its inelegant but accurate, and one of romneys biggest vulnerabilities, hard to trust him because of his reputation as a flipflopper and telling you what you want to hear and turning around and saying something different. So inelegant but put it back on the map for conversation. Thats what he was talking about. And i dont think its people are worried too much about the language, but about what he was pointing at, which is this problem people have with romney. I think its whats kept him back for much of the year, is this well deserved reputation for being a chameleon and changing his tune all the time. Thanks very much, doug hogan, we appreciate it. Ahead, a lastminute spending spree, the campaigns unloading tens of millions of dollars in swing states. Are they targeting the right areas, though, to actually win . And the next big thing in television is here. And as we all know, it is not campaign ads, because they are the most awful thing to actually have to watch, although they keep us in business. Are we witnessing the end of tv sets as we know them . The wheels of progress havent been very active lately. But because of Business People like you, things are beginning to get rolling. And regions is here to help. Making it easier with the expertise and service to keep those wheels turning. From Business Loans to cash management, we want to be your partner moving forward. So switch to regions. And lets get going. Together. Stay top of mind with customers . From deals that bring them in with an offer. To social media promotions that turn fans into customers. To events that engage and create buzz. To emails that keep loyal customers coming back, our easytouse tools will keep you in front of your customers. See whats right for you at constantcontact. Com try. The latest innovation in television is here. Et cetera the first Ultra Hd Television and finally went on sale today. Its an 84inch l. E. D. Television, four times the resolution of a current hdtv. Ten speakers, 3d picture quality and glasses. Im assuming theyll throw them in free, and a virtually seamless design. Its not cheap. The price tag, 19,999. 99. I mean, do they think this is kind of like when you price something at 1. 99, that gets people who wont buy it at 2 . I think if its 19,999. 99, you could have called it 20,000. Even with the 3,000 discount, this is an insane price for a television. But apparently it is relatively cheap. The sony version of the ultra hd is going to sell for about 25,000. It goes on sale in december. The very highend retailers stocking the sets hope to capitalize on holiday shopping. I dont know anyone who spends that amount of money on holiday shopping, but this brings me to tonights number, which is 3 . During the First Quarter of this year, 3 fewer televisions sold in the same period of the year before. You might say hey, thats only 3 . Thats a lot, everybody. Its the first time in history that Television Sales dropped from the previous year. The first time in history. As smartphones and minis and maxis continue to improve picture quality, more and more people are abandoning the traditional tv. And right now, anyway, manufacturers and retailers are trying to stem that by introducing bigger and more cinematic experiences, like the ultra hd. Hopefully, for their sake, some people will choose to buy a television for 20,000, instead of a car. I would pick the car. But anyway, if other people will do it, Television Market could be on the verge of fading to black. And now our