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Occupy Mitt

And in order to limit any impact on the deficit, because I do not want to add to the deficit, and also to make sure we continue to have progressivity in our code, I'm going to limit the deductions and exemptions particularly for high income folks. And by the way, I want to make sure that you understand, for middle income families, the deductibility of home mortgage interest and charitable contributions, those things will continue, but for high income folks, we are going to cut back on that so we make sure the top 1% keeps paying, paying the current share they're paying or more. We want Middle income americans to be the place we focus our help, because its middle income americans that have been hurt by this obama economy.

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Josh Marshall is editor and publisher of TalkingPointsMemo.com.