October 11, 2011 - 6:00pm
Mitt Romney and Herman Cain in Middle of Circular Firing Squad
Submitted by Anonymous on October 11, 2011 - 9:28pm
When candidates got a chance to ask other candidates questions at the Bloomberg debate Tuesday night, most of the fire was aimed at Mitt Romney and Herman Cain, the front-runners in national polls.
Cain called on Romney: "Can you name all 59 points in your economic plan, and does it satisfy criteria of being simple, transparent, fair and neutral?" (Romney didn't try.)
Newt Gingrich questioned Romney about the rationale for proposing capital gains tax cuts for people earning less than $200,000.
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Herman Cain's 9-9-9 Plan Takes Center Stage, and Potshots
Submitted by Anonymous on October 11, 2011 - 9:01pm
As he rises in the polls, Herman Cain got more critical attention from his rivals at the debate table in New Hampshire on Tuesday night.
Following Jon Huntsman's jab about Cain's "9-9-9" tax plan sounding like a pizza offer, Rick Santorum asked the Dartmouth College audience for a show of hands supporting Cain's proposed national sales tax.
"That just gives Nancy Pelosi a new [tax] pipeline," Santorum said.
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Bloomberg Debate Moderators Show Undying Love for Tax Increases
Submitted by Anonymous on October 11, 2011 - 8:49pm
Liberal journalists Charlie Rose and Karen Tumulty on Tuesday trotted out a video clip of Ronald Reagan suggesting that tax increases have a place in the budget-balancing process.
Repeatedly prodding the eight Republican candidates at the Bloomberg debate to rise to the bait, the duo had no takers.
Jumping in, Bloomberg reporter Juliana Goldman challenged Herman Cain's "9-9-9" tax plan by saying that all Americans will pay more for "bread, milk and beer." Cain responded that his plan would be "revenue neutral."
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Fed Up: Ron Paul and Newt Gingrich vs. Mitt Romney and Herman Cain
Submitted by Anonymous on October 11, 2011 - 8:38pm
Two GOP businessmen -- Mitt Romney and Herman Cain -- defended the controversial bailouts of key financial institutions while two politicians -- Newt Gingrich and Ron Paul -- assailed the move.
"[Former Treasury Secretary] Henry Paulson and Tim Geithner didn't have a clue," Gingrich said Tuesday night at the Bloomberg debate in New Hampshire. "Congress should insist that every Fed document from 2007 to 2009 be released. We are not any better prepared today [to deal with economic problems], because the people who were in that crisis are still in charge."
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Herman Cain and Jon Huntsman Spar Over Pizza and Taxes
Submitted by Anonymous on October 11, 2011 - 8:30pm
Jon Huntsman and Herman Cain sparred over Cain's "9-9-9" tax proposal during the Bloomberg debate on Tuesday night.
"I thought it was the price of a pizza when I first heard it," Huntsman said, alluding to Cain's former position as CEO of Godfather's Pizza.
Cain fired back at the Utah governor, saying, "Unlike your proposals, my plan throws off the current tax code. You can't pivot on the current tax code and fix this economy."
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Michele Bachmann Revives Specter of Obamacare 'Death Panels'
Submitted by Anonymous on October 11, 2011 - 8:25pm
Resurrecting the specter of death panels, Rep. Michele Bachmann said on Tuesday that Obamacare health-care policies will be driven by a committee of political appointees.
"Fifteen political appointees will make all health-care decisions," the Minnesota congresswoman said at the Bloomberg debate in New Hampshire.
Meantime, Bachmann decried the president's plan, which she said will "collapse Medicare."
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Newt Gingrich Calls for Firing Ben Bernanke and Timothy Geithner
Submitted by Anonymous on October 11, 2011 - 8:16pm
Newt Gingrich called on Tuesday night for the firing of Fed Chairman Ben Bernanke and Treasury Secretary Timothy Geithner.
"Bernanke spent hundreds of billions of dollars in secret bailing out business. There was no transparency there," said the former House speaker at the Bloomberg presidential debate from Dartmouth College in New Hampshire.
Going further, Gingrich said Rep. Barney Frank, D-Mass., and Sen. Chris Dodd, D-Conn., should be "in jail" for their sponsorship of the Dodd-Frank financial law that conservatives have assailed as ineffectual.
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Rick Perry Wants to Put 1.2 Million to Work in Energy Industry
Submitted by Anonymous on October 11, 2011 - 8:10pm
Republican presidential candidate Rick Perry said on Tuesday he wants to get 1.2 million Americans workingin the U.S. energy industry. Pledging to lay out an energy plan over the next three days, he vowed to "open up this treasure trove America is sitting on."
"You have an administration that ... through intimidation and overregulation ... is strangling entrepreneurs," the Texas governor said during a Bloomberg debate from Dartmouth College in Hanover, N.H.
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Florida's Budget Shortfall to Top $1.3 Billion, State Economists Project
October 10, 2011 - 6:00pm
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