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August 2, 2012

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Romney regroups after difficult trip

REPUBLICAN challenger Mitt Romney huddled with advisers yesterday after a gaffe-prone overseas trip as the presidential race swung back to more familiar issues, including the struggling US economy and his looming choice of a vice presidential running mate.

Three months remain before November's election, and the political parties' nominating conventions are soon. President Barack Obama was making his ninth trip to the battleground state of Ohio yesterday.

A new poll of voters there and in two other key states, Florida and Pennsylvania, showed Obama with a clear advantage going into the conventions. The Quinnipiac University/New York Times/CBS News polls found Obama with a 6-percentage-point lead over Romney in Florida and Ohio. The president was up by 11 percentage points in Pennsylvania.

Polls show Romney with a sizable advantage over Obama as the best candidate to revive the wobbly economy, and the president is countering by urging the Republican-controlled House of Representatives to extend Bush-era tax cuts for all but the highest-earning Americans. Romney has proposed cutting taxes for everyone, including the wealthy, and making the Bush tax cuts permanent for all.

"He's asking you to pay more so that people like him can get a tax cut," Obama Obama told an Ohio audience yesterday.

Obama argues the one-year tax extension would provide relief for families and certainty for businesses wary of hiring workers. Republicans say allowing taxes to rise on higher earners will hurt business owners who create jobs.

Democrats and some leading Republicans want Romney to release more of his income tax returns. Romney, who would be among the wealthiest US presidents if elected, has released just one year of personal income tax returns and promised to release a second, but no more.





 

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