Democrats are calling for Presidential Candidate Mitt Romney to explain his offshore accounts after a report in Vanity Fair questioning his personal finances.
On CNN's State of the Union, Robert Gibbs, adviser to Pres. Barack Obama's campaign called for Romney to release more of his tax returns.
CNN's Erin Burnett breaks down the benefits Mitt Romney can benefit from having overseas accounts.
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Gibbs blasts Romney for overseas accounts
President Barack Obama's campaign adviser Robert Gibbs continued to hammer Mitt Romney on Sunday over questions about the candidate's overseas financial accounts.
Gibbs, however, stopped short of saying whether Romney was in violation of any tax evasion laws, saying "nobody knows."
The best way to figure out if he is complying with American tax law is to have him release more of the tax returns," the former White House press secretary said on CNN's "State of the Union."
Gibbs linked Romney's reported offshore investments in Bermuda, the Cayman Islands and Switzerland to his history as a private equity CEO, painting the candidate as out of touch and too eager to place money overseas rather than in America.
"I pick a bank because there's an ATM near my home," Gibbs told CNN Chief Political Correspondent Candy Crowley. "Romney had a bank account in Switzerland."