President Obama Has Repeatedly Made The False Claim That Mitt Romney Is Proposing A $5 Trillion Tax Cut: President Obama: “Governor Romney's Central Economic Plan Calls For A $5 Trillion Tax Cut…” OBAMA: “And this is where there's a difference because Governor Romney's central economic plan calls for a $5 trillion tax cut, on top of the extension of the Bush tax cuts, so that's another $2 trillion, and $2 trillion in additional military spending that the military hasn't asked for. That's $8 trillion.” (President Barack Obama, First Presidential Debate, Denver, CO, 10/3/12) But Independent Fact Checkers – And Even...