Mitt Romney’s the richest presidential candidate since billionaire Ross Perot 20 years ago, but that only tells part of the story of why the Republican’s personal wealth could be a huge liability if he becomes the GOP nominee, according to a new analysis of the former Massachusetts governor’s personal assets. Of his $230 million fortune, Romney holds $45 million in liquid assets, says the analysis by a firm called Wealth-X, which describes itself as a global intelligence, prospecting and...
President Obama’s State of the Union address Tuesday night should “help him a lot” in his fight for re-election this year, according to longtime Democratic pollster Stan Greenberg, citing results of a focus group of swing voters held during the speech. The themes the president laid out during his annual televised address to a joint session of Congress cut across party lines and provide a “powerful framework for having an election,” Greenberg says in a briefing with reporters held...
The failure this week of the so-called congressional supercommittee to agree on a package to reduce the federal budget deficit comes down not only to Republican intransigence, but really to that of just one conservative in particular, a man referred to as the “13th member” of the committee. Specifically, many on both sides — including Sen. John Kerry of Massachusetts, a prominent member of the supercommittee — called out Grover Norquist, the extremely powerful anti-tax activist in Washington, for...
Seen in one way, the 20 or so Occupy Wall Street protesters who have marched more than 200 miles from New York to Washington are be a bit late to the party. When the marchers set out on foot earlier this month, they did so as a statement to tell the so-called congressional supercommittee not to retain the Bush-era tax cuts for the wealthiest Americans. In that sense, the protesters needn’t have bothered. By the time the protesters actually...
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