LIVE VIDEO: 10 News at 5:30am    Watch
 

In Tampa, President Obama criticizes Romney's firm over outsourcing

6:12 PM, Jun 22, 2012   |    comments
  • Share
  • Email
  • Print
  • - A A A +

TAMPA, Florida (AP) - President Barack Obama is calling attention to rival Mitt Romney's former private equity firm and its investments in companies that moved jobs to low-wage countries. The president says, "We don't need an outsourcing pioneer in the Oval Office."

Photo Gallery: President Obama comes to Tampa

Obama said in a Tampa speech on Friday that his tax proposal would stop giving tax breaks to businesses that send jobs overseas and offer incentives for companies that bring jobs back to the U.S.

He seized on a story in The Washington Post about investments by Romney's firm in companies that were described as "pioneers" in outsourcing jobs to China and India.

On immigration in Orlando

Earlier in the day, President Barack Obama told Hispanic leaders that as long as he is president, he "will not give up the fight" to reform immigration laws.

The president says the nation needs a comprehensive immigration solution yet his Republican opponent, Mitt Romney, has opposed a measure that would have created a path to citizenship for some children of illegal immigrants.

Obama says Romney has "promised to veto the DREAM Act and we should take him at his word."

Obama was speaking to the National Association of Latino Elected and Appointed Officials near Orlando.