Obama's Debate Claims On Tax Writeoffs For Offshoring Hold Up: Fact Checkers

In a testy exchange during last week's presidential debate, Mitt Romney suggested that a certain tax break criticized by President Barack Obama didn't even exist.

Obama said he wanted to "close those loopholes that are giving incentives for companies that are shipping jobs overseas. I want to provide tax breaks for companies that are investing here in the United States."

"I have no idea what you’re talking about. I maybe need to get a new accountant," Romney shot back. "The idea that you get a break for shipping jobs overseas...