President Barack Obama launched a rare direct attack on the Republican presidential field, criticizing his potential 2012 rivals for their blanket opposition to any deficit-cutting compromise involving new taxes. Hit the jump to read the rest of the story.
@WiL


Play Your Video
“That’s just not common sense,” Obama told the crowd at a town hall-style meeting in Cannon Falls, Minn., as he kicked off a three-day bus tour through Minnesota, Iowa and Illinois.

“You need to take a balanced approach,” he insisted.

Obama recalled a moment in last week’s GOP presidential debate when all eight of the candidates said they would refuse to support a deal with tax increases, even if tax revenues were outweighed 10-to-1 by spending cuts.

Obama didn’t mention any of the candidates by name, and prefaced the remark by saying, “I know it’s not election season yet.”

But his comment underscored that election season is indeed under way. The bus tour, although an official White House event rather than a campaign swing, takes Obama through three states he won in 2008 but where he now needs to shore up his standing.

In Iowa, Obama returns to a state that handed him a key victory over Democratic rival Hillary Rodham Clinton in their nomination fight but where Republicans have now been blanketing the state in preparation for its first-in-the-nation caucuses, attacking the president at every turn. The bus tour comes on the heels of Republican Michele Bachmann’s weekend victory in the Iowa Straw Poll and Texas Gov. Rick Perry’s contest-rattling entrance into the race.

It also comes after the president spent much of the summer holed up in the nation’s capital enmeshed in bitter, partisan negotiations on the debt crisis that cratered his approval ratings and those of Congress amid a faltering economy and high unemployment.

Later in the town-hall meeting, Obama got a question on his signature health care law, and took a hard shot at Mitt Romney, a GOP front-runner who has had to defend implementing a health care plan while governor of Massachusetts that’s similar to the federal version.