White House: Obama Never Planned to Cut Defense Spending

Oct 23, 2012, 7:44 pm EDT
White House: Obama Never Planned to Cut Defense Spending

In a debate focused on foreign policy issues, both President Barack Obama and Republican candidate Mitt Romney attempted to circle back to discuss domestic policy. One of the key issues discussed by both candidates was the defense budget.

During the debate, Romney mentioned the impending defense budget cuts, part of the sequester put in place as part of the debt ceiling compromise last year. The defense budget cut, among others, is part of the so-called “fiscal cliff” that has many politicians on edge.

Romney charged Obama’s administration with coming up with the automatic defense budget cuts. Obama responded by saying the sequester was Congress’ idea, not his. He then added, “It will not happen.” Read 

Thought the Debates Were Over? Not Yet

Oct 23, 2012, 2:51 pm EDT

Just when you thought it was safe … there’s one more presidential debate. No, it won’t feature either Mitt Romney or Barack Obama. This is the third-party debate.

Moderated by Larry King and appearing tonight on Ora TV, the debate will feature four third-party candidates for the Presidency: Gary Johnson of the Libertarian Party, Jill Stein of the Green Party, Virgil Goode of the Constitution Party and Rocky Anderson of the Justice Party. The debate will also be streamed lived by Russia Today.

Hosted by the Free and Equal Elections Foundation, the debate aims to have a serious discussion about issues that the organizers feel have been overlooked in the recent major debates. Topics will include foreign policy, economics and civil liberties. Read 

5 Things Donald Trump Probably Won’t Announce Wednesday

Oct 23, 2012, 2:29 pm EDT
5 Things Donald Trump Probably Won’t Announce Wednesday

It’s bad enough that we have to endure some untold number of campaign ads in the two weeks to go before Election Day. It’s bad enough that we’ve had to sludge through three presidential debates filled with rehearsed answers and more one-liners than substance.

Now we have more abomination to look forward to:

Donald Trump, who once claimed viability as a presidential candidate, promises a “bombshell” announcement Wednesday, Oct. 24, that will rock the electorate prior to the Nov. 6 election. In fact, his announcement promises to be so cataclysmic as to virtually hand the presidency over to Mitt Romney. Read 

7 Insights from the Third Presidential Debate

Oct 23, 2012, 10:48 am EDT

President Barack Obama and Republican challenger Mitt Romney faced off Monday night in their final debate before the November election, with foreign policy as the topic du jour.

Here are seven things voters were able to take away from the candidates’ answers: The neocons must be terrified. Mitt Romney was cleary hypersensitive to the possibility that he might seem like a warmonger. One of the most difficult things that the typically bellicose GOP has had to contend with in running against Obama is his strong record on fighting terrorism. It’s difficult to argue that a Republican administration would actually be tougher on our enemies than Obama has been, without going to war. On several occasions, Bob Schieffer pressed Romney on what he would do differently in respect to Syria and Iran. Romney was unable to articulate a clear difference between his agenda and Obama’s. In fact, what we learned Monday is that Romney actually agrees with Obama on almost every foreign policy issue. As he did in the first debate, Romney used this arena to make a sharp pivot to the center. He was basically calm and reassuring while agreeing with most of what Obama has accomplished overseas in his first term. Obama effectively highlighted a host of Romney flip-flops on various issues, ranging from endorsing a deadline for withdrawal in Afghanistan to whether he would support a mission to get Bin Laden inside of Pakistan. Before this debate, Obama enjoyed strong support in the polls on foreign policy issues. At a minimum, he solidified that position Monday and might have even strengthened it. However, very few voters mention terrorism or foreign policy when asked about the nation’s biggest problems. So, regardless of Obama’s success Monday, it is unlikely to change the minds of many voters in an election that still is about the economy. Defense spending’s fate might not be as grave as previously perceived. Obama responded to a barb from Romney about defense cuts being automatically executed in January, saying, “First of all, the sequester is not something I proposed, it’s something that Congress proposed. It will not happen.” The president’s nod to a more “balanced” budget approach took many off guard, including several Republican leaders, as the cuts were widely thought to be a point of leverage for Obama in any budget negotiations. Mitt Romney and Paul Ryan have been mercilessly attacking Obama over his relationship with Benjamin Netanyahu specifically and Israel more broadly. The Republican Party has tried hard to portray the alliance as one that has chilled and suggest that Obama is not working closely enough with Bibi to stop Iran’s nuclear program. Obama took the lead Monday on talking about Israel positively. He talked so much about how closely his administration has worked with Israel that he did not give Romney a chance to suggest otherwise. Perhaps most surprising about Monday’s conversation was the modicum of attention paid to the Benghazi disaster. Although Bob Schieffer’s first question was about Libya, both candidates simply recited their talking points. Romney did not use the opportunity to attack Obama on the specifics of “who knew what and when.” Perhaps the Romney camp believes the story has run its course, or maybe it was worried about another fiery response from Obama over this matter. Finally, another meme is born. From the election season that brought you InvisibleObama and RomneysBinders, we now have horsebayonette. In response to Romney’s concern that our navy has too few ships compared to 100 years ago, Obama responded that we also have fewer horses and bayonettes. This lovely illustration is now making the rounds online.

The opinions contained in this column are solely those of the writer.
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Regardless Who Wins, Taxes Going Up Next Year for 163M

Oct 22, 2012, 7:38 pm EDT

Even with the 2012 presidential election a little more than two weeks away, politicians and pundits have been paying attention to the looming fiscal cliff. The mix of expiring tax cuts and impending spending cuts could have a disastrous impact on unemployment and the markets.

The tax cuts most frequently cited in discussions of the fiscal cliff are the ones that have formed the heart of the disagreement between Republicans and Democrat — the Bush-era tax cuts. Republicans want to keep them all in place, but Democrats want to eliminate the tax cuts for the richest Americans. Often left out of the discussion is another key tax cut set to expire next year: the payroll tax cut.

But a large number of Americans will see their taxes increase if a deal isn’t cut by the end of the year — 163 million, to be exact. And there doesn’t seem to be much motivation by either party to keep this tax break in place. Read 

Hot Topics in Presidential Debate III

Oct 22, 2012, 12:31 pm EDT
Hot Topics in Presidential Debate III

Two months ago, a debate about foreign policy between Barack Obama and Mitt Romney was widely considered a layup for the president. After all, he’s the incumbent who ordered the risky and successful raid on Osama bin Laden, has presided over the drawdown of the two wars in Iraq and Afghanistan and has shown a level of ferocity against terrorists that has confounded his supporters and detractors alike.

Romney is a wealthy private-equity executive with just four years of governing experience at the state level.

The October surprise of this election, then, is that the race is tied nationally among likely voters (47% to 47%, according to NBC), and Americans have increasingly seen Romney as a plausible commander-in-chief. The task for Obama is to make the debate all about his accomplishments and communicate to the electorate that they can continue to trust him with the nation’s security. Read 

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