Republican presidential candidate, former Massachusetts Gov. Mitt Romney on Tuesday, July 10, 2012 in Colorado Springs, Colo. (AP Photo/Evan Vucci)

(CNSNews.com) - Why not release more of your tax returns, as Democrats -- and even some Republicans -- are demanding, Mitt Romney was asked Monday in a live appearance on "Fox & Friends."



"The Obama people keep on wanting more and more and more -- more things to pick through, more things for their opposition research to try to make a mountain out of --and to distort -- and to be dishonest about," Romney replied.



"We're going to put out two years of tax returns. We've put out one already. As soon as the most recent year is complete, we'll put that out. It's hundreds of pages of documents," Romney said, noting that the law does not require candidates to release their tax returns.



He also recalled that Sen. John McCain released only two years of tax returns when he ran against Obama four years ago -- and "somehow this wasn't an issue."



"And let's just stop for a moment. If we want to talk about transparency, the real issue is, why has this president used his presidential power and executive privilege to keep the information about the Fast and Furious program from being explained to the American people? This is not some personal matter - this is the action of his administration," Romney said.





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Romney said the American people should be demanding the kind of transparency the Obama administration promised to give them.

Following Romney on "Fox and Friends," Donald Trump -- a Romney supporter -- says Romney ought to be asking Obama to release his college records, something Obama has refused to do.