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Hmmm? "Just LOL at this. Stephanie Cutter admitted this morning that she was full of sh1t on the $5 trillion claim."

Here's a partial transcript from a not Obama-friendly site:

"BURNETT: Stephanie, let me ask you about that. Because here at CNN, we fact checked that, that $5 trillion in tax cuts and we’ve come and said that’s not true. Mitt Romney has not promised that. because he’s also going to be closing loopholes and deductions. So his tax cut wouldn’t be anywhere near that size.
CUTTER: So you’re disputing the size of the tax cut? Or are you disputing also how he’s going to pay for it?
BURNETT: We’re disputing the size.
CUTTER: Erin, he has campaigned on lowering tax rates by 20% for everybody, including those in the top 1%. that was one of the main selling points in the Republican primary.
BURNETT: So you’re saying if you lower them by 20% you get a $5 trillion tab, right?
CUTTER: It’s a $5 trillion tab."

And that's before the references to the magical loopholes and deductions Mitt has yet to specify he wants to get rid of.

So, the Republican spin-meisters (including "Hot Air") are the ones full of it.

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