Romney Details 'First 100 Days,' Says Obama's 'Words Are Cheap'

By: CNN Posted By Doug Brown
By: CNN Posted By Doug Brown

Washington (CNN) – Having already aired advertisements describing what he'd do on "Day 1" in the White House, Mitt Romney explained on Wednesday what he'd do over another 99 days.

The presumptive Republican presidential nominee also used his address to business chiefs to prebut President Barack Obama's economic speech in Ohio on Thursday. Romney will campaign in Ohio the same day.

"[The president] said, as you know, just a few days ago, that the private sector is doing fine," Romney said. "But the incredulity that came screaming back from the American people has caused him, I think, to re-think that. And I think you're going to see him change course when he speaks tomorrow."

Romney continued: "And where he will acknowledge that it isn't going so well and he'll be asking for four more years...My own view is that he will speak eloquently, but the words are cheap."

Shooting back, Team Obama accused Romney of making a "dishonest claim" about the president's record and "failed to offer any new ideas of his own" on improving the economy.

Lis Smith, a spokeswoman for the Obama campaign, argued Romney would push "budget-busting tax cuts for the wealthiest Americans" and let "Wall Street write its own rules–the same policies that crashed the economy and devastated the middle class in the first place."

"America can't afford Romney economics," she said in a statement.

Romney was the guest of the Business Roundtable's quarterly meeting. The group, an association of CEOs of major corporations, hosted President Obama in March.

Over 100 CEOs attended to hear Romney. Reporters were allowed into the session for the candidate's opening remarks, which lasted roughly 20 minutes. Afterwards, all members of the media were asked to leave so that Romney and the business leaders could privately interact. The Business Roundtable's meetings are typically closed to the press.

In addition to pre-butting the president's speech, Romney laid out what he'd do in the first 100 days of a Romney administration. Earlier Wednesday, the campaign released a graphic on "How a Romney Presidency Would be Different."

"I will in my first 100 days take action to eliminate government programs, to send a lot of government programs back to states where I limit the rate of growth at inflation, and to cut back the number of federal employees through attrition," Romney said. "And by the way, to link the pay of government workers with the pay that exists in the private sector. And those things save about $500 billion a year by my fourth year in office, if I am lucky enough to be elected, and get us to a balanced budget within eight to 10 years."

Also on Romney's to-do list: approving the controversial Keystone pipeline, slashing non-security discretionary government spending, reducing the number of government regulations and repealing 'Obamacare.'

On that issue, Romney repeated a new line of attack against the president – a slam that's being cited as taking the president's words out of context.

"The other day, when he was asked, 'Do you understand that particular small businesses [are] having a hard time because of Obamacare?' He said he didn't know – he hadn't heard that small businesses were affected by Obamacare, negatively," Romney told the CEOs, referring to the president.

It turns out, that's not exactly what the president said.

During a Tuesday interview with a local television from Iowa, the president was asked about the impact of the nation's health reform law on small businesses.

The interviewer told the president that an Iowa company said it had to close and move jobs to Wisconsin, as a "direct result of the health care reform that you initiated, that Congress passed."

"How do you react to that?" the reporter asked.

The president responded: "That would be kind of hard to explain. Because the only folks that have been impacted in terms of the health care bill are insurance companies who are required to make sure that they're providing preventive care, or they're not dropping your coverage when you get sick. And so, this particular company probably wouldn't have been impacted by that."

Meanwhile, Romney also told the business leaders that the government often treats them as if they're adversaries – instead of friends.

"Government has to be the partner, the friend, the ally, the supporter of enterprise not the enemy," Romney said. "Too often, you find yourself facing a government that looks at you like you are the bad guys. And if you are hiring people and employing people and paying taxes you are the good guys. I want you to do well."


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