First Word: Liar, liar, pants on fire

As the president calls for an end to Bush era tax cuts on the rich, Mitt Romney reportedly plans to respond to Bain attack ads by calling Obama a “liar.” Here are some more stories informing the Last Word rundown tonight:

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• Obama calls for end of Bush tax cuts on the rich
• Robert J. Samuelson on why U.S. economic policy is paralyzed
• Mega-rich donors live up to stereotypes at Romney fundraisers in the Hamptons
• Romney reportedly plans to call Obama a ‘liar‘ over outsourcing accusation
• Texas Gov. Rick Perry refuses to implement Obamacare’
• Allen West: Social Security disability is ‘slavery’
• Barney Frank becomes first member of Congress to marry same-sex partner
• Why don’t liberals get angry when Supreme Court justices vote conservative?