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Limits? home mortgage deductions -- home mortgage detouks ductions. >> for higher-income people. >> you can guarantee no one making less than $150,000 will have a mortgage deduction? >> he keeps making you think it's a movie star, or hedge fund guy. >> 97% of the small businesses make less than $250,000 a year, would not be affected -- >> this tax is a million people. 1 million small businesses. >> does it tax 97% of the american people. >> maul businesses with the greatest job creators-- you are going to increase the budget. you are going to increase the defense budget. >> we are not going ...

Limits? home mortgage deductions -- home mortgage detouks ductions. >> for higher-income people. >> you can guarantee no one making less than $150,000 will have a mortgage deduction? >> he keeps making you think it's a movie star, or hedge fund guy. >> 97% of the small businesses make less than $250,000 a year, would not be affected -- >> this tax is a million people. 1 million small businesses. >> does it tax 97% of the american people. >> maul businesses with the greatest job creators-- you are going to increase the budget. you are going to increase the defense budget. >> we are not going ...

>> can you guarantee that no one making less than $100 million will have -- >> a million small businesses. he keeps trying to make sure think it's just some movie star or hedge fund guy. >> 97% of the small businesses make less than $250,000 a year would not be affected one bit. >> this taxes a million people. >> does it tax 97% of the american businesses? >> tax a million small businesses who are job creators. >> i wish i would get it. >> you're going to increase the defense budget. and you're going to increase the defense budget. >> we're not going to cut the defense budget. >> they're going...

Off -- can you declare anything off limits? >> yeah, we're saying close loopholes on -- >> high mortgage deductions. >> for higher income people. >> can you guarantee that no one making less than $100 million will have -- >> a million small businesses. he keeps trying to make sure think it's just some movie star or hedge fund guy. >> 97% of the small businesses make less than $250,000 a year would not be affected one bit. >> this taxes a million people. >> does it tax 97% of the american businesses? >> tax a million small businesses who are job creators. >> i wish i would get it. >> you're goi...

Broken promises. >> the president said he'd cut the deficit in half. unfortunately he doubled it the president did say he would cut the deficit in half -- >> i'm pledging to cut the deficit we inherited by half by the end of my first term in office. >> that clearly didn't happen. but did the president double it? according to the congressional budget office the deficit is projected to decrease, decrease, from $1.4 trillion in 2009 that would be when obama took office to $1.1 trillion in 2012. arithmetic is never mitt romney's strong suit. $300 million decrease is not the same as $1.4 million in...