Ryan Accused of Distortions by Obama’s Team, Fact Checkers

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Aug 31 2012

By Phil Mattingly and Heidi Przybyla, Bloomberg News

Facing a $650 million budget shortfall when he took office, Romney proposed an array of spending cuts and fees to close the gap. He ended about $375 million in tax breaks and added $375 million in fees used to balance the state budget --or $750 million in annual new revenue, according to the Massachusetts Taxpayers Foundation, a nonprofit research group in Boston.

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