Fact-checking taxes in the presidential race
President Barack Obama made this charge at the first presidential debate: "Gov. Romney’s central economic plan calls for a $5 trillion tax cut, on top of the extension of the Bush tax cuts."
Not so, Mitt Romney said, repeatedly: "First of all, I don’t have a $5 trillion tax cut. … I’m not looking to cut massive taxes and to reduce the revenues going to the government. … I’m not looking for a $5 trillion tax cut."
So which is it?
PolitiFact dug in. See its look here.