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President Obama’s campaign, with a good dose of help from the media, is pushing a claim that millionaire Mitt Romney is taxed at a “lower rate” than someone making $50,000 a year. The claim, though, is open to debate. It only holds up in a particular scenario in which both income and all payroll taxes are counted. The president’s campaign presumably is referring to Romney’s release last week of his 2011 tax [...] Mitt Romney today is headed to his lakeside retreat in Wolfeboro, N.H., on Friday for a three-day weekend, and all signs point to the GOP presidential nominee hunkering down to mull his shortlist for running mates. Time is running short for Romney to make his selection in advance of the Republican convention in late August. Moreover, Romney is headed to London for the Summer Olympics, which begin July 27, followed by [...]
Texas Gov. Rick Perry may have forgotten a thing or two about the Al Gore presidential campaign he helped lead in 1988. In an interview with an Iowa radio station on Monday, the Republican presidential contender explained his role as the Gore campaign’s Texas chairman by saying that “this was Al Gore before he invented the Internet and got to be Mr. Global Warming.” But in fact, global [...] At a town hall meeting on his campaign-style tour of the Midwest, President Obama claimed that his economic program “reversed the recession” until recovery was frustrated by events overseas. And then, Obama said, with the economy in an increasingly precarious position, the recovery suffered another blow when Republicans pressed the White House for federal spending cuts in exchange for an increase in the national [...] |
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