The Candidates and The World

Transition 2012

A guide to foreign policy and the 2012 U.S. presidential transition.

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Showing posts for "Taxes"

Debate One: Obama and Romney Focus on the Economy

by Newsteam Staff
A crowd of spectators watches the start of the first 2012 U.S. presidential debate at Denver University in Denver, Colorado October 3, 2012. (Mark Leffingwell/Courtesy Reuters) A crowd of spectators watches the start of the first 2012 U.S. presidential debate at Denver University in Denver, Colorado October 3, 2012. (Mark Leffingwell/Courtesy Reuters)

President Obama and GOP nominee Mitt Romney met last night for the first of three debates, which focused on domestic economic issues. Here’s what they had to say on job creation, entitlement spending, and taxation. Read more »

Midday Update: Romney Plays Defense on Afghanistan

by Newsteam Staff
Photo of the Day: Republican presidential candidate Mitt Romney at a campaign rally at the Military Aviation Museum in Virginia Beach, Virginia September 8, 2012 (Brian Snyder/Courtesy Reuters). Photo of the Day: Republican presidential candidate Mitt Romney at a campaign rally in Virginia Beach, September 8, 2012 (Brian Snyder/Courtesy Reuters).

In an appearance on Meet the Press, Republican presidential nominee Mitt Romney defended the absence of Afghanistan policy in his convention speech and criticized President Barack Obama for not being tougher with Iran. Read more »

Midday Update: Candidates Still Sparring on Medicare

by Newsteam Staff
Photo of the Day: President Barack Obama and first lady Michelle Obama arrive by bus in Dubuque, Iowa, August 15, 2012 (Larry Downing/Courtesy Reuters). Photo of the Day: President Barack Obama and first lady Michelle Obama arrive by bus in Dubuque, Iowa, August 15, 2012 (Larry Downing/Courtesy Reuters).

Candidates continue to make Medicare a campaign trail issue as voters worry about the future of the program (NYT) in an economy-focused race. Read more »

Economy Update: Meshing the Romney and Ryan Budget Plans

by Newsteam Staff
Republican presidential candidate Mitt Romney and his U.S. Congressman Paul Ryan (R-WI) in Ashland, Virginia August 11, 2012 (Shannon Stapleton/Courtesy Reuters). Republican presidential candidate Mitt Romney and his U.S. Congressman Paul Ryan (R-WI) in Ashland, Virginia August 11, 2012 (Shannon Stapleton/Courtesy Reuters).

Though the campaign insists presumptive GOP presidential nominee Mitt Romney and his running mate and chairman of the House Budget Committee, Wisconsin Rep. Paul Ryan, see eye-to-eye in a campaign largely focused on the U.S. economy and the future of government spending, some analysts and pundits are noting the differences in their budget plans. Read more »

Energy Update: Candidates Spar on Iowa’s Wind Credit

by Newsteam Staff
Wind turbines in Desert Hot Springs, California July 11, 2011 (Mario Anzuoni/Courtesy Reuters). Wind turbines in Desert Hot Springs, California July 11, 2011 (Mario Anzuoni/Courtesy Reuters).

Presumptive Republican presidential nominee Mitt Romney recently said he would end a government tax credit that helps subsidize Iowa’s burgeoning wind industry.

Romney favors letting the wind energy production tax credit expire at the end of the year, saying such tax credits interfere with the free market economy (NPR) and if the wind industry is viable, it should be able to survive on its own without government help. Read more »

Midday Update: Zoellick Heads Mitt’s Foreign Policy Transition

by Newsteam Staff
Photo of the Day: Supporters of President Barack Obama at a campaign rally at the Auraria Event Center in Denver, Colorado, August 8, 2012 (Jason Reed/Courtesy Reuters). Photo of the Day: Supporters of President Barack Obama at a campaign rally at the Auraria Event Center in Denver, Colorado, August 8, 2012 (Jason Reed/Courtesy Reuters).

Former World Bank President Robert Zoellick has already begun work as the head of national security transition planning for GOP presidential candidate Mitt Romney’s potential administration (FP), though some inside the campaign’s foreign policy advisory team and the Republican party oppose the pick. Read more »

Midday Update: Sequestration Comes to the Campaign Trail

by Newsteam Staff
Photo of the Day: Republican presidential candidate Mitt Romney shakes hands with workers at Acme Industries in Elk Grove Village, Illinois August 7, 2012 (Jessica Rinald/Courtesy Reuters). Photo of the Day: Republican presidential candidate Mitt Romney shakes hands with workers at Acme Industries in Elk Grove Village, Illinois August 7, 2012 (Jessica Rinald/Courtesy Reuters).

Potentially imperiling his reelection campaign, President Barack Obama will be required by law to detail how he would make the $1.2 trillion in federal budget cuts (Politico) that will happen automatically next year if a last-minute deal with Congress cannot be reached. Read more »

Economy Update: Romney Advisers Tout Tax Plan

by Newsteam Staff
Workers build a scaffolding on the west side of the White House in Washington, July 27, 2012 (Larry Downing/Courtesy Reuters). Workers build a scaffolding on the west side of the White House in Washington, July 27, 2012 (Larry Downing/Courtesy Reuters).

After a week of foreign travel, Republican presidential hopeful Mitt Romney’s campaign is pushing his economic philosophies, touting a new tax plan they say will create 12 million jobs in the next four years (AP). Read more »

Midday Update: Candidates, Congress Focus on Tax Cuts

by Newsteam Staff
Photo of the Day: President Barack Obama shakes hands at the John S. Knight Center in Akron, Ohio, August 1, 2012 (Larry Downing/Courtesy Reuters). Photo of the Day: President Barack Obama shakes hands at the John S. Knight Center in Akron, Ohio, August 1, 2012 (Larry Downing/Courtesy Reuters).

President Barack Obama continued his economic appeal to middle-class voters (NPR) Wednesday while campaigning in Ohio, where the auto industry bailout is helping him hold a small lead over his opponent (TheHill). Read more »

Economy Update: Obama’s Job Council Under Scrutiny

by Newsteam Staff
Workers construct a home in Joplin, Missouri May 16, 2012 (Eric Thayer/Courtesy Reuters). Workers construct a home in Joplin, Missouri May 16, 2012 (Eric Thayer/Courtesy Reuters).

GOP presidential candidate Mitt Romney campaigned in Ohio this week (AP) stressing that he will have a more jobs and business friendly approach than his rival President Barack Obama, a message that may garner more attention following a report about the president’s jobs panel. Read more »