Romney: If I'm Elected, Don't Expect Huge Tax Cuts

Story: http://www.cnbc.com/id/49193890

Here is what he said

"Don't be expecting a huge cut in taxes, because I'm also going to be closing loopholes on deductions," Mr. Romney said Wednesday in Westerville, Ohio, flanked by a national debt clock, chronicling the nation's rising burden on future taxpayers.
 

The trillion dollar question is what loop holes would he close that would compensate for the not-so-huge tax cuts? The devil is in the details but he won't say.