Latest Economy Headlines
Obama, who defends his record on the economy as president, citing “over 26 consecutive months of job growth” as of April 2012 , would try to grow the economy through job-creating investments in infrastructure, energy, education, and healthcare.
Romney’s proposals for creating jobs and growing the economy include cutting the top corporate income tax, eliminating the capital gains and dividend taxes for some people, ending regulations on business, and promoting domestic energy production. The former head of the Bain Capital private equity firm says his business experience gives him an advantage over Obama in the quest to create jobs.
Paul would slash $1 trillion from the federal budget, eliminate an assortment of taxes, and reduce the president's salary from $400,000 to about $40,000. He would not raise the debt ceiling and would audit, and eventually end, the Federal Reserve.
Reuters Political Journalists
These days Washington is not known for bipartisanship, but every now and then a breakthrough is made. It is noteworthy that Vice President Joe Biden, a Democrat, and Senator John McCain, a Republican, are appearing together at a forum in Sedona, Arizona on Friday.