Archive for the ‘Republicans’ Category
President Barack Obama and presumptive Republican nominee Mitt Romney both commented on the latest jobs statistics published by the Department of Labor on Friday. The data shows that the U.S. economy created 163,000 jobs in July, well above economists’ expectations of 100,000 post creations last month.
The Republican National Committee (RNC) has officially invited Texas Congressman Ron Paul to attend the National Convention in Tampa, Fla., at the end of August. This invitation comes in spite of the fact that Dr. Paul has so far failed to endorse presumptive Republican nominee Mitt Romney.
President Obama told students in Las Vegas on Thursday that congressional lawmakers were to blame for the delay in extending for another 12 months the low interest rates charged on student loans. Legislators from both sides need to come up with a bipartisan agreement in order to maintain the current 3.4-percent rate being charged on subsidized Stafford loans.
Republican presidential candidate Mitt Romney recently released his education plan in a bid to attract the student vote. Entitled “A Chance for Every Child: Mitt Romney‘s Plan for Restoring the Promise of American Education,” the former Massachusetts governor’s 35-page blueprint highlights the importance of a good education system, the responsibility of ensuring that federal funds are well spent, the need to empower parents to send their children to better schools, and the introduction of a reward system for teachers who perform well.
House Republicans have proposed their own bill to extend the low-interest rate which currently applies to government-backed student loans. Unless Congress acts before July 1, when a 2007 authorization is due to elapse, those who hold a student loan will face a 100-percent increase in the interest rate they are charged.
As expected, the Republican-led Senate rejected President Barack Obama‘s “Buffett Rule” which would have significantly increased the tax rate of those earning in excess of $1 million dollar per year. The proposal was named after billionaire investor Warren Buffet, who stated last Summer that he would be happy to pay more taxes.
An article published in The Hill newspaper on Monday reports that the Obama administration will give a total of $500 million to the Internal Revenue Service (IRS) for the implementation of the individual mandate and other provisions of the Patient Protection and Affordable Care Act.
The latest California poll conducted by the USC Dornsife College of Letters, Arts and Sciences and the Los Angeles Times between March 14 and March 19 showed that former Massachusetts governor Mitt Romney was still in the lead, while former Pennsylvania senator Rick Santorum remained in second place.
The latest national poll conducted by CBS News between Wednesday, Jan. 4 and Sunday, Jan. 8 shows that former Pennsylvania Senator Rick Santorum is now the third choice of Republican primary voters, behind former Massachusetts Governor Mitt Romney and former House Speaker Newt Gingrich.