Obama steps up attacks on Romney's economic plan

President Obama hit back against his opponent's economic plan during a campaign stop.

He attacked Mitt Romney's economic plan stating that the centerpiece of the plan would raise taxes on middle class families with children.

But at a fundraiser on Monday night, the president launched a new attack.

"It's like Robin Hood in reverse. It's Romney Hood," Obama said.

This week Romney's campaign is focusing on welfare, accusing the president of challenging welfare reform by granting waivers.

Under the new Obama administration rules, states can apply for a waiver for federal welfare.

But Republicans say it is a way to allow states to get around the reform law that requires welfare recipients to work.