Tag: Mitt Romney (page 3)

Expectations for The Big Debate

With Mitt Romney continuing to lose ground among voters who view him as out of touch, Republicans are trying hard to gin up expectations for the Obama-Romney debate. John McCain says it will be "one for the history books." Chris Christie says the debate will "turn the presidential race upside down." The hyperbole is echoed by some journalists, like Chris Cillizza, who today writes the debate will be a moment when "everything and everyone stops" and likens it to the Superbowl of politics.

I think many people will tune in to see how many times Mitt sticks his foot in his mouth and shows his disconnect from ordinary Americans. [More...]

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Bloomberg Poll: Mitt's Negative Perception Problem

A new poll by Bloomberg today has Obama ahead of Mitt Romney 49 to 43. Mitt's problem: people view him negatively.

Half of Americans hold an unfavorable view of Romney -- a September high for a presidential challenger in the last three decades -- and 49 percent of likely voters consider the former Massachusetts governor out-of-touch compared with 40 percent who say that of Obama in the latest Bloomberg National Poll conducted Sept. 21-24.

Also, voters think Obama has a better vision for the future:

The president does have one clear advantage -- his economic plan is breaking through with more Americans, who give him a 48 percent to 39 percent advantage over Romney on having a vision for a successful future.

In a nutshell:

[T]he public continues to view Romney as more disconnected from their lives and unconcerned with their challenges.

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Reuters/Ipsos Poll: Romney Support Crumbles With Older Voters

Via Reuters:

New polling by Reuters/Ipsos indicates that during the past two weeks - since just after the Democratic National Convention - support for Romney among Americans age 60 and older has crumbled, from a 20-point lead over Democratic President Barack Obama to less than 4 points.

Paul Ryan got booed at an AARP convention in New Orleans last week. Analysts say if Romney doesn't win seniors, he can't win the election.

He's not doing well with middle-aged voters either: [More...]

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Romney Advice on Affording College: Shop Around

President Obama will be speaking in Boulder today at the University of Colorado. Both Obama and Mitt Romney have addressed the rising cost of college and student loans. Obama's plan:

Obama would let the current $5,550 per year maximum Pell grant increase to $5,635 next year, as scheduled under current law. That figure has grown by more than $900 since 2008 for a program that is the largest source of federal aid for students, serving more than 9 million of them.

  • make the American Opportunity tax credit permanent (it was created as part of his 2009 economic stimulus program.) The credit provides up to $2,500 a year per student for college costs but is due to expire Jan. 1.
  • Tie some federal aid, including Perkins loans and subsidies for students' work-study jobs, to schools' abilities to curb tuition increases.

Romney says Obama's plans haven't worked. What is his advice? Get a better loan and shop around."

Romney replied that while it might be popular for him to answer that he would provide students with government money, "what I'm going to tell you is shop around."


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Republicans Then vs. Republicans Now

Here is the Republican party platform from 1956. It's very worth reading, for the stark contrast to the party's platform in 2012.

The latest version of the proposed 2012 Republican Platform was erroneously posted on the RNC website yesterday and quickly pulled. You can read it here. Here are summaries by the Washington Post and LA Times.

Shorter version of the comparisons: A party that has gone to hell in a handbasket in the last 50 years. [More...]

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Romney Statement:: Akin Should Step Aside

Mitt Romney changes course from yesterday:

"As I said yesterday, Todd Akin's comments were offensive and wrong and he should very seriously consider what course would be in the best interest of our country," Romney said in a statement. "Today, his fellow Missourians urged him to step aside, and I think he should accept their counsel and exit the Senate race."

Reuters reports Akin is staying in the race.

A new WSJ-NBC poll finds Romney's selection of Paul Ryan doesn't have much impact: 22% of voters are more likely to vote for Romney, 23 percent are less likely to vote for Romney, and 54 percent say it won't affect them one way or the other.

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Romney Ryan to Cut Medicaid, Change Food Stamps

Mitt Romney and Paul Ryan today said they want to overhaul Medicaid and food stamps.

Here are the statistics on hunger in America.

One of the most common misconceptions is the assumption that if someone is hungry, that means they do not have a job and are living on the streets. What most people don’t understand is that anyone can experience hunger. It is a silent epidemic that affects 49 million Americans.

According to the US Census Bureau, in 2010, 21 million people lived in working-poor families. This translates into nearly 9.6 percent of all American families living below 100 percent of poverty have at least one family member working . In fact, 36 percent of client households served by the Feeding America network have one or more adults working.

Robert Greenstein, President of the Center on Budget and Policy Priorities, called Ryan's plan "Robin Hood in reverse, on steroids."

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Paul Ryan on Crime Issues

Via On the Issues: Here are some items from Paul Ryan's record on crime-related issues:

On Crime:

  • Voted NO on expanding services for offenders' re-entry into society. (Nov 2007)
  • Voted NO on funding for alternative sentencing instead of more prisons. (Jun 2000)
  • Voted YES on more prosecution and sentencing for juvenile crime. (Jun 1999)

On Drugs:

  • Voted YES on prohibiting needle exchange & medical marijuana in DC. (Oct 1999)


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NY Times: Paul Ryan's Cramped Vision

A New York Times editorial today calls Paul Ryan a "man of cramped vision."

A candidate [Mitt Romney]of no details — I’ll cut the budget but no need to explain just how — has named a vice-presidential running mate, Paul Ryan, whose vision is filled with endless columns of minus signs. Voters will now be able to see with painful clarity just what the Republican Party has in store for them.

The U.S. Conference of Catholic Bishops adds:

Mr. Ryan’s budget “will hurt hungry children, poor families, vulnerable seniors and workers who cannot find employment,” the bishops wrote in an April letter to the House. “These cuts are unjustified and wrong.”


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Romney to Announce VP Choice Tomorrow

Is anyone waiting with breathless excitement? USA Today reports:

Mitt Romney will announce his vice presidential choice on Saturday, the campaign announced late Friday night. The announcement is scheduled to take place during an event at the U.S.S. Wisconsin, a retired U.S. battleship.

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Mitt Romney Wins Illinois

CNN reports Illinois Republicans have chosen Mitt Romney. CBS reports the same. Santorum is now far behind in delegates.

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Romney to Win Nevada Caucuses

Looks like Newt Gingrich fizzled in Nevada and Mitt Romney will win the state's Republican caucusesby double digits.

Here's the makeup of voters: 4 of 5 are Conservative, 3 out of 4 said they were tea partiers, and 1 of 4 are Mormons.

Where's Romney today? In Colorado Springs, campaigning for Coloradans' votes in the caucuses which will be held Tuesday.

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Mitt Romney Wins Florida Republican Primary

The Florida Republican primary has been called by the news outlets for Mitt Romney.

Mitt's speaking now. He says they will win in November. He says it's time for President Obama to get out of the way. He's ready to lead the party and the nation. He will begin a new era of prosperity. He will save the soul of America. He will balance the budget without raising taxes. He will repeal Obamacare. He will strengthen religious rights.

"I will insist on a military so powerful no one would ever think of challenging it."

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Florida Primary Predictions

What's your prediction for the outcome of today's Florida Republican primary?

Time Magazine says Newt Gingrich is bracing for a loss and in the process of reinventing himself as a grass-roots insurgent. It says Newt is floundering because he was outstumped and outspent.

Gingrich is unlikely to get the chance to implement this vision. But he is shaking things up within his schizophrenic campaign. After skipping from message to message in recent days, he has apparently decided his best shot at knocking off Mitt Romney is to embrace Tea Party populism. And so he has reinvented himself as a grassroots gadfly, ready to dog the GOP “all the way to the convention.”

CNN says the latest polling which includes the 600,000 voters who voted early has Mitt Romney ahead. [More...]

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First Look at Romney's Tax Returns

The Romney Campaign has sent out a summary of the tax returns it will be releasing today.

Mr. Romney reported $21.7 million in income. He paid $3 million in federal taxes, slightly more than the $2.98 million he made in charitable donations. At least $1.5 million of his charitable donations went to the Mormon Church.

Of Mr. Romney's 2010 income, he noted a capital gain of $12.6 million, taxable interest of $3.3 million, ordinary dividends of $4.9 million and smaller sums of gains and losses on business income, refunds and other income.

His tax rate comes out to 14%. Why so low? The rate on investment income (15%) is lower than the rate for salaried income (35%.) Who is responsible for the big disparity?

That preferential rate for investment income, which was instituted as part of the Bush tax cuts to spur investment, is the basic reason why the Mr. Romney and his wife have an effective rate of around 15%.

His off-shore investments are not tax shelters. He pays the capital gains rate on those. He's worth between $84.8 million and $264.7 million. [More...]

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