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Escalating war of words between presidential candidates

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    Carl Cameron reports from Irwin, Pennsylvania

  • Duration 4:05
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First part of the program talking about the real and potential wars.

Now to the political battleground President Obama and Mitt Romney are not letting go of their most recent attack lines and now Romney is adding more to his arsenal.

Chief political correspondent Carl Cameron has the story.

With sixteen weeks to Election Day Mitt Romney founded President Obama for suggesting private sector business growth and jobs.

Are the result -- and depend on government he said this.

If you got a business.

You didn't build that somebody else made that happen.

Just say something like that is not just.

Foolishness.

It's insulting to every ought to put or every innovator in America.

Last week the president said quote if you've got a business you didn't build that somebody else made that happen.

Today mr.

Obama defended his remark there are some things we do better.

And we rise or fall as one nation -- that's what I believe.

-- history tells us.

Such statements from the president underscore a defining choice for voters according to Romney what is leading vice presidential prospects played in this morning when you change we need a president who first gets it understands that the private sector is what creates jobs and not government sources say Robby has not made up his mind on his running mate and his short list still includes more than three names.

Romney must be trying to hide something according to Democrats who now include Republican pressure in their call for Romney to release more tax returns.

Put out as much information you can if you don't at least twelve years -- the tax returns -- -- 345.

Romney today renewed his attack on the president's quote crony capitalism noting big democratic donors who won hefty government contracts and loans from the Obama administration.

To meet Steve Wesley.

He raised over 500000 dollars for Obama's campaign.

With Obama in office Wesley group investments -- 500 million taxpayer dollars Wesley was even appointed to a top advisory role.

Influencing how taxpayer money spent.

That kind of draw the capital.

What was it does not create jobs and it does not create jobs here.

I believe in free people have free markets that I want government to get -- -- best.

He's got no one -- to blame it.

He's out of touch with with what's happened in the country and that's why November we're gonna put him out of office.

Team Romney today asked -- Bain Capital is such a bad company.

How is it that the Obama campaign is except that over a 120000 dollars worth of donations in this campaign from -- officials.

And the answer is they're Democrats and some of the run the company.

Well the Obama campaign does not say is that they dispute the president's criticism of Bain Capital and Romney and back up the Republican candidates version of events.

It brought.

-- you mentioned this in your -- but what about the conservatives calling for governor Romney to release more tax returns tonight you had.

A governor Rick Perry of Texas reiterating his primary call for Romney to release.

As much personal information as possible.

-- pointing that he released tax returns back to 1992.

Other conservative leaders -- and the same thing worse this tax return issue don't.

Well mister Robby has already released his 2010 tax returns he has promised to release his 2011 tax returns but didn't seek an extension from the April 15 deadline.

And because his lawyers are still going over the paperwork and have not submitted -- yet.

The 2011 tax releases have tax returns have not been made public.

Ronnie has made it very clear repeatedly he will not release more.

But it is true that Romney gave more than twenty years of tax returns to John McCain who was the Republican nominee in 2008 when Romney was considered as a possible running mate.

Mr.

McCain said he looked over those tax returns.

And didn't find anything particularly objectionable.

He ultimately picked Sarah Palin thinking that she was a better fit.

But Romney has made those tax returns available to some just not publicly in this campaign so that the press -- the Obama campaign can pound and he said as much -- And some -- it today there's nothing there we'll talk -- -- panel Carl.

Thank you a huge.