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   Romney’s Obama Attack Gets Sidetracked

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Parent

News Date

7/19/2012 8:55 am

Author

Sarah Huisenga

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Oops

Database Record

Entered 7/20/2012, Updated 7/20/2012

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On a campaign stop, Romney sought to rebut Obama by highlighting the success of an auto repair shop started by a local entrepreneur. “This is not the result of government,” Romney told reporters, referring to Middlesex Truck & Coach after he toured the shop. “This is the result of people who take risk, who have dreams, who build for themselves and for their families.” But in an interview with Boston-based reporter Jon Keller of WBZ-TV, Maloney acknowledged that his business received some government help. “The only way I was able to come here, because I had no money, was with an industrial-revenue bond,” Maloney said in the interview. Industrial-revenue bonds are typically issued by local and state governments to attract new business to an area. They create low-interest loans for new development and startups.


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