Mitt Romney is calling the Obama campaign's demand that he fully disclose the balances of some offshore accounts a diversionary tactic meant to distract from his own shortcomings.
President Barack Obama and other Democrats began to focus on the offshore accounts after they were revealed in articles in Vanity Fair and by the Associated Press. On Monday, Obama said it's important for presidential candidates to be an "open book.”
The Obama campaign's attention to the offshore assets is believed to be part of a larger effort to portray the presumptive Republican nominee as not only a wealthy candidate out of touch with most Americans, but one possibly hiding money offshore and refusing to release years of tax returns.
Romney calls the effort a distraction. “I understand the president's going to try to do anything he can to divert attention from the fact that his jobs record is weak and he has no plan to make things better,” Romney said in an interview.