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Wednesday, October 31, 2012
Money men: Who are top 5 donors to Romney?
Kielsky takes on Montgomery
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Brewer PAC adds cash to help Flake campaign
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Tuesday, October 30, 2012
3 names suggested for Arredondo seat
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Presidential candidates seek votes from bloc of new American citizens
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Clinton plans to stump for Carmona
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Monday, October 29, 2012
George McGovern, Democratic Party icon, dies
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Barber, McSally make race for District 2 unpredictable
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Saturday, October 20, 2012
Leading Maryland and Virginia, With Stars on the Rise
Democrats Bet on Shift in Hispanic Numbers to Win Arizona Race
Friday, October 19, 2012
September Is the Best Fund-Raising Month for Obama in 2012
President Obama’s campaign raised more money in September than any candidate has raised in a previous month this year, according to several Democrats familiar with the campaign’s money-raising operation.
Several sources said the president’s haul last month exceeded the $114 million he raised in August, in part on the strength of donations that flowed in after the Democratic National Convention and former president Bill Clinton’s well-received speech.
One Democrat familiar with the fund-raising effort said Mr. Obama and his allies at the Democratic National Committee raised more than $150 million in September.
Officials with the campaign declined to comment on the news, which was first reported by The Wall Street Journal. One Democratic source said aides were still tallying the funds raised in September ahead of the official report they must submit later this month.
Mr. Obama edged out Mitt Romney’s $112 million in August. In 2008, Mr. Obama had the biggest month ever for any presidential candidate, raising $193 million that September.
This year’s haul signals a boost in financial support for Mr. Obama as he nears the conclusion of his battle with Mr. Romney in a little over a month. It ensures that Mr. Obama will have plenty of money for the balance of the campaign despite having been outraised by his Republican rival throughout the summer.
And it comes as Mr. Obama’s campaign confronts the president’s lackluster performance at the first presidential debate Wednesday night.
Mr. Romney’s campaign did not release any information about its fund-raising on Thursday.
Mr. Obama’s advisers have long warned that Mr. Romney’s fund-raising prowess and the success of Republican “super PACs” that are backing him threatened to put the president at a financial disadvantage going into the final stretch.
In fact, it appears to be Mr. Romney who has struggled to keep up. Mr. Obama’s campaign has run far more ads than Mr. Romney in the last several weeks. And the president’s ground operation — which was built over the course of several years — is far larger than Mr. Romney’s.
The never-ending money chase is largely Mr. Obama’s own doing. By choosing to reject federal campaign funds in 2008, Mr. Obama effectively condemned himself — and his future rival — to a continuing need to raise money all the way to election day. (Senator John McCain of Arizona chose to take the federal money in 2008 and was vastly outspent.)
Now, both Mr. Obama and Mr. Romney have continued to hold fund-raisers and make appeals to their supporters for cash even as they hold big rallies in battleground states across the country.
Mr. Obama’s apparent success in September may be a result of a surge in small donors, who have long been a vital part of the president’s financial base. The campaign said on Monday that it had collected money in more than 10 million individual donations, a record.
By contrast, Mr. Romney has tended to rely more on fewer — but wealthier — donors. That has meant that more of Mr. Romney’s money is housed at the Republican National Committee, which, by law, can accept much larger contributions from individuals.
Follow Michael D. Shear on Twitter at @shearm.
‘North Dakota Nice’ Plays Well in Senate Race
Romney Ad Says Obama Distorts Tax Cut Plan
In a television ad released Sunday, the Romney campaign returned to one of the most contentious issues of the presidential debate, accusing President Obama of falsely claiming that Mitt Romney would cut $5 trillion in taxes.
Mr. Obama repeated the accusation several times in the debate last Wednesday and that assertion has been a staple of Democrats’ accusations that Mr. Romney’s economic plans favor the rich.
“President Obama continues to distort Mitt Romney’s economic plan,’’ the narrator of the ad says. “The latest? Not telling the truth about Mitt Romney’s tax plan.’’
The ad cites an independent fact-check by The Associated Press and even includes a sound bite of Stephanie Cutter, Mr. Obama’s deputy campaign manager, telling CNN, “Well, O.K., stipulated, it won’t be near $5 trillion.”
The issue turns on semantics as much as math. Mr. Romney has proposed a package of tax cuts, including a 20 percent reduction in marginal income tax rates and zeroing out estate taxes, as well as making permanent the Bush-era tax cuts. Add everything up and the theoretical loss of federal revenue over 10 years is $5 trillion, according to the independent Tax Policy Center.
But that is only half of the story. Mr. Romney describes his proposal as “revenue neutral’’ – any hole punched in the annual deficit would be filled by eliminating tax deductions on high earners and closing other loopholes.
“I’m not looking for a $5 trillion tax cut,’’ Mr. Romney insisted in the debate. “What I’ve said is I won’t put in place a tax cut that adds to the deficit. That’s part one. So there’s no economist that can say Mitt Romney’s tax plan adds $5 trillion if I say I will not add to the deficit with my tax plan.’’
Mr. Romney has left himself open to the Democrats’ attacks by not specifying how he would make up the loss in revenue, specifically which tax deductions he would eliminate. And he also counts on his plan to spur economic growth and add to tax collections, a proposition that federal budget experts have difficulty factoring into their estimates.
The issue is hardly going away.
The Obama campaign released its own video on Sunday accusing Mr. Romney of rewriting his earlier proposals during the debates, including the $5 trillion reduction in taxes. “When the cameras rolled, a performance began,’’ the video says. “But the problem is, that’s all it was.’’
And on Thursday Vice President Joseph R. Biden Jr., who will face Representative Paul D. Ryan in a vice presidential debate this week, mocked Mr. Romney’s claims about his tax proposals. “Last night we found out he doesn’t have a $5 trillion tax cut,’’ he said. “I guess he outsourced that to China or something.’’
Thursday, October 18, 2012
Republicans Seize On Biden's 'Middle Class' Remark
A stray sentence by Vice President Joseph R. Biden Jr. on Tuesday became the latest remark seized by the opposition and turned into a blistering line of attack against him.
After Mr. Biden described the middle class as having “been buried the last four years,’’ Republicans pounced, treating it as an unwitting admission of President Obama’s failures.
The vice president was criticizing the Republican ticket for pursuing a tax overhaul that would raise taxes on the middle class, he said.
“How can they justify raising taxes on the middle class that’s been buried the last four years?’’ Mr. Biden said at a campaign rally in Charlotte, N.C.
The Republican barrage came fast and furious by Twitter message, news release and campaign conference call. It began with a Twitter message from Mitt Romney’s account:
Agree with @joebiden, the middle class has been buried the last 4 years, which is why we need a change in November #CantAfford4More
— Mitt Romney (@MittRomney) October 2, 2012
Campaigning in Iowa, Representative Paul D. Ryan reinforced the message. “Of course the middle class has been buried,’’ he said. “They’re being buried by regulations; they’re being buried by taxes; they’re being buried by borrowing. They’re being buried by the Obama administration’s economic failures.”
The Romney-Ryan campaign even held an afternoon press call with one of its fiercest surrogates, John Sununu, the former New Hampshire governor, to drive home the theme.
Republicans seemed to seize on the remark with special fervor, coming as it did one day before the first debate between Mr. Romney and President Obama, in which the cost of Mr. Romney’s proposed tax cuts for the rich and his disparagement of 47 percent of Americans who don’t pay income taxes are sure to be topics of discussion.
In response, the Obama campaign called the attacks “desperate and out of context.’’
“As the vice president has been saying all year and again in his remarks today, the middle class was punished by the failed Bush policies that crashed our economy,’’ a spokeswoman, Lis Smith, said.
In his North Carolina remarks, Mr. Biden was citing, as the Democrats have for months, an independent study that found that cutting tax rates by 20 percent and closing loopholes to avoid increasing the deficit, as Mr. Romney proposes, could be done only by raising taxes on households earning less than $200,000.
The audience booed.
“No, no – all kidding aside,’’ Mr. Biden said. “With all the boos – I mean, we can stop all that malarkey. Look, guys, this is deadly earnest, man. This is deadly earnest. How can they justify raising taxes on the middle class that’s been buried the last four years? How in the Lord’s name can they justify raising their taxes with these tax cuts?’’
Mr. Romney and Mr. Ryan dispute the accuracy of the study, by the Tax Policy Center, and they have cited studies of their own showing their tax plan will not hit the middle class.
The maladroit sentence was the latest in a long series this year that have been yanked from context and used by the opposition, including Mr. Romney’s remark that he “liked to fire people” and Mr. Obama’s comment that “you didn’t build that.”
Later in the day, Mr. Biden clarified his meaning. “The middle class was buried by the policies that Romney and Ryan have supported,” he told a crowd in Asheville, N.C.
Easier Access to Ballot Is Pushed by Democrats
Wednesday, October 17, 2012
Ye Olde Partisanship Is Nothing New
WASHINGTON — An American political system marked by partisanship and polarization engenders despair from both Republicans and Democrats.
Senator Olympia Snowe of Maine, one of the few congressional Republicans who comfortably works with members of the other party, decided to retire last year lamenting “the sensible center has disappeared from American politics.”
Posts written by the IHT’s Page Two columnists.Kent Conrad, a North Dakota Democrat who heads the Senate Budget Committee, said he realized it was “time for me to leave” when a senior colleague told him, “Your problem, Conrad, is you’re too solutions-oriented. You’ve never understood this is political theater.’”
This is a periodic refrain. A generation ago it was even more pronounced and pessimistic, as I describe in my latest column.
Jimmy Carter was president. With his legislative agenda stalled, he faced a
challenge within his own party, a relentlessly hostile opposition Republican Party, a sluggish economy and runaway inflation. In the summer of 1979 the president gave a speech on America’s “crisis of confidence.” It often is labeled the “malaise” speech, though Carter never used that word.
Four months later, Iranian radicals stormed the U.S. Embassy in Tehran and held 52 Americans hostage for more than a year.
This exacerbated the despair, coming as it did on the heels of the American defeat in Vietnam.
“The last time we got involved with a two-bit country we lost 50,000 men,” lamented one of Washington’s wise men, the late Harry McPherson, who had been counsel to President Lyndon Johnson. “Now we were involved with another one, and there was nothing we could do about it.”
Another of the presidential wise men, Lloyd Cutler, then counsel to
Mr. Carter, wrote an article for Foreign Affairs suggesting that our
political system was broken and America should consider changing to a
parliamentary system.
Ronald Reagan was elected, he proved to be a forceful president, and talk about altering the system diminished.
Tuesday, October 16, 2012
A Familiar Face Returns, Heating Up the Sheriff’s Race in Webb County
Romney Takes Liberties With Claims About a Bipartisan Past
When Mitt Romney accused President Obama in their debate Wednesday night of refusing to work with Republicans, he held up his own record as the Massachusetts governor as an example of what political cooperation can achieve.
As a Republican governor whose legislature was 87 percent Democrats, he said, “I figured out from Day 1 I had to get along, and I had to work across the aisle to get anything done.” The result, he said, was that “we drove our schools to be No. 1 in the nation. We cut taxes 19 times.”
Mr. Romney and the legislature did at times get along, Massachusetts schools were often top-rated, and some taxes did drop during Mr. Romney’s four years as governor, from 2003 through 2006. But a comparison of his claims to the factual record suggests that all three take liberties with the truth.
While the governor and the legislature came together to produce balanced budgets and enact a signature health care reform bill, much of those four years were characterized by conflict and tensions. In the opening months of his tenure, Mr. Romney vetoed a Massachusetts House plan to create new committees and raise staff members’ pay, and the legislators rejected his flagship proposal, a nearly 600-page plan to overhaul the state bureaucracy.
Mr. Romney proved to have a taste for vetoes, killing legislative initiatives in his first two years at more than twice the rate of his more popular Republican predecessor, William F. Weld, The Boston Globe reported in 2004. The lawmakers responded in kind by overriding his vetoes at a rapid pace.
By 2004, the second year of his term, Mr. Romney was provoked enough to mount an unprecedented campaign to unseat Democratic legislators, spending $3 million in Republican party money and hiring a nationally known political strategist, Michael Murphy.
The effort failed spectacularly. Republicans lost seats, leaving them with their smallest legislative delegation since 1867. Democratic legislators were reported at the time to have been deeply angered by the campaign’s tactics.
“They had a deteriorating relationship during the first two years,” Jeffrey Berry, a political science professor and expert on state politics at Tufts University, said in an interview. The campaign “was designed to demonstrate that he could make life difficult for them if he chose to do so. It did not endear him to them.”
Mr. Romney quickly initiated a charm offensive, inviting Democratic leaders to dinners at his home for the first time since taking office two years earlier. But the legislators were soon “infuriated,” Mr. Berry said, when Mr. Romney, testing the presidential waters, began traveling outside the state and casting brickbats at Massachusetts’s traditionally liberal values before crowds of potential supporters.
On education, Mr. Romney was factually correct in stating that Massachusetts students were ranked first in the nation during his tenure. Massachusetts students in grades four and eight took top honors or tied for first in reading and mathematics on the 2003 National Assessment of Educational Progress, a federal Department of Education test often called the nation’s report card.
However, educators largely agree that the state’s rise to first place was a result of a wholesale reform of state schools enacted 10 years earlier under Governor Weld. The reforms, carried out over eight years, doubled state spending on schools and brought standards and accountability to both administrators and students.
“Governor Romney does not get to take the credit for achieving that No. 1 ranking,” said Mike Gilbert, the field director for the nonprofit Massachusetts Association of School Committees, “but it did happen while he was in office.”
Under Mr. Romney, neither the governor nor the legislature enjoyed notable successes in education, although Mr. Romney is credited with battling successfully against efforts to dismantle some of the 1993 reforms.
Mr. Romney and the legislature cut deeply into state grants to local governments in 2003 amid a state budget crisis, forcing many school districts to raise property taxes. In 2006, Mr Romney vetoed a bill passed unanimously by the legislature that established standards for preschool education and set long-term plans to make it universal. He said the programs would cost too much at a time of budget austerity.
Mr. Romney’s claim that he was responsible for 19 separate tax cuts is also technically accurate. But here, too, the complete story paints a very different picture.
Perhaps the most substantial tax reduction occurred in 2005, when Mr. Romney’s administration wrote legislation refunding $250 million in capital gains taxes to 145,000 investors. But the legislation carried out a court ruling finding that the taxes had been illegally withheld in 2002; the court gave the state the option of refunding the taxes or rewriting the law to correct the illegality.
Mr Romney proposed the latter, and the legislature agreed.
Of the remaining 18 tax cuts, many were proposed by the legislature, not Mr. Romney, and others were routine extensions of existing tax reductions that were due to expire. One was a change in the Massachusetts tax code to make it conform to changes in the federal code. Two were one-day sales-tax holidays.
Mr. Romney’s critics note that his administration was also responsible for revenue-raising measures which, under that loose definition, might well be called tax increases. In his first year, Mr. Romney closed business tax loopholes and increased fees on an array of services, from marriage licenses to home purchases.
“Our numbers on revenue are that he raised about $750 million annually — $375 million from fees and $375 million from corporate taxes,” said Michael Widmer, president of the nonpartisan Massachusetts Taxpayers Foundation.
In 2004, Mr. Romney signed legislation allowing local officials to collect an additional $100 million in commercial property taxes from businesses.
In Congress, a Shrinking Pool of Moderates
Monday, October 15, 2012
After a New-Look Debate, a Harsh Light Falls on the Moderator
Jeremy W. Peters contributed reporting.
Sunday, October 14, 2012
Ads Attack Wall Street Ties, No Matter How Flimsy
Wall Street has taken a beating this election season. Yet what is considered to be Wall Street may be surprising.
Take Keith J. Rothfus, a Republican candidate for Congress in Pennsylvania. A lawyer at a small firm, he specializes in drafting software-licensing agreements. While unglamorous, it helps pay the bills.
Among the clients he has represented is Bank of New York Mellon, which has a large presence in western Pennsylvania. Two commercials backed by Democratic groups are attacking Mr. Rothfus’s relationship with his banking client.
“Millionaire Wall Street lawyer Keith Rothfus will fit right in in Washington,” said the narrator of one of the ads. The spot shows a plunging stock market and a grim-looking Mr. Rothfus entering what looks to be a bank. Over ominous music, the narrator goes on: “As a wealthy attorney, Keith Rothfus represented a Wall Street bank that received a bailout from taxpayers.”
In an interview, Mr. Rothfus called the ad “deceitful, shameful and outrageous.” He said that while BNY Mellon took bailout funds, his work for the company — most of which predates Bank of New York’s 2006 takeover of Mellon Financial of Pittsburgh — had no connection to the financial crisis.
Jeff Swensen for The New York TimesKeith Rothfus, on phone, said his legal specialty was drafting software licensing agreements.“I’m a Stanwix Street lawyer, not a Wall Street lawyer,” Mr. Rothfus said, referring to his firm’s downtown Pittsburgh address. “I visited Wall Street once, in 1980, as a tourist at the New York Stock Exchange. If I’m a Wall Street lawyer, then the 7,500 people that work for Mellon bank in western Pennsylvania are fast-money traders who charter private jets to the Hamptons on weekends.”
As campaigns enter their final month, a number of candidates are flooding the airwaves with advertisements demonizing Wall Street. From the presidential race to local Congressional contests, from Montana to New Mexico, candidates — both Democrats and Republicans — are relentlessly attacking their opponents by linking them to bankers and bailouts, no matter how tenuous the connection.
“Candidates are bashing each other over the heads for being in Wall Street’s back pocket,” said Elizabeth Wilner of Kantar Media’s Campaign Media Analysis Group. “Wall Street is this campaign season’s punching bag, and it’s bipartisan and it’s escalating.”
In the turmoil of the 2008 financial crisis, Heather A. Wilson, then a Republican congresswoman from New Mexico, voted in favor of the Troubled Asset Relief Program, or TARP, which provided rescue funds to banks. Four years later, Ms. Wilson — a former Air Force officer — is running for the United States Senate. An opponent’s ad assails what it characterizes as her deep ties to Wall Street.
“As a congresswoman from New Mexico, it wasn’t Heather Wilson’s job to represent Wall Street banks,” said the narrator in a spot paid for by a liberal super PAC. The ad shows a series of dark, shadowy Manhattan office towers — those of Bank of America, Morgan Stanley, Merrill Lynch, JPMorgan Chase and Citigroup. “But she voted time and again to give them special tax breaks, and then voted to bail them out.”
In Montana, the incumbent, Senator Jon Tester, a Democrat, is facing a fierce challenge from the state’s sole congressman, Denny Rehberg. Mr. Tester, who has received substantial money from executives in the financial industry, has boasted in television spots that he “opposed all of those Wall Street bailouts.” Mr. Rehberg also voted against the bank bailout. So instead of focusing on TARP, ads pummel Mr. Rehberg for his longtime support for privatizing Social Security — in other words, putting retirement funds in the hands of Wall Street money managers.
One of the ads features the floor of the New York Stock Exchange and an electronic ticker showing shares in a nose dive. The narration features voices of market commentators: “A wild ride on Wall Street … the biggest point drop … a precipitous fall … these guys have been gambling … gambling … bad bets … they didn’t know when to back away. A gamble. That’s Congressman Denny Rehberg’s plan for Social Security.”
Josh Mandel, the Republican Ohio state treasurer running for United State Senate as a Washington outsider, has an ad that goes after members of Congress on both sides of the aisle for supporting the bailout.
“Every Democrat and every Republican who took our tax dollars and used them to bail out Wall Street banks was dead wrong,” Mr. Mandel says in the spot, speaking in an angry tone to a group of factory workers. “It was fiscally irresponsible. It was morally wrong.”
The presidential candidates have also criticized one another for their Wall Street ties. Ads for President Obama have homed in on Mr. Romney’s leadership of Bain Capital, the private equity firm he started. By focusing on private equity — a specific pocket of the financial industry — Mr. Obama has largely avoided a broader critique of Wall Street, where he has raised millions of dollars. On Monday, the Obama campaign announced a new ad that links Bain to a company outsourced American jobs.
Republicans, meanwhile, depict Mr. Obama as a pawn of the financial services industry. One advertisement from the conservative organization American Future Fund titled “Obama’s Wall Street” highlights Mr. Obama’s vote in favor of TARP when he was a United States senator running for president and says that his cabinet is full of financiers. Another, called “Justice for Sale,” suggests that campaign contributions from the banking industry explain why the administration has not prosecuted more executives relating to their conduct during the financial crisis.
“Under Obama, Wall Street keeps winning, and Obama keeps taking their cash,” the narrator says. “Tell Obama to stop protecting his Wall Street donors.”
Mr. Rothfus, the Republican candidate in Pennsylvania, is locked in a tight race with his opponent, the Democratic incumbent Mark S. Critz. He has countered the attack ads with humorous “Keith Rothfus is a regular guy” 30-second spots. In one, he is shown gardening in his modest front yard, driving his kids around town and repairing his daughter’s bicycle.
In response, the American Federation of State, County and Municipal Employees has produced an ad that starts, “Regular guy? Hardly. Keith Rothfus is a millionaire attorney for a Wall Street bank.” Banner headlines of the BNY Mellon’s $3 billion bailout run across the screen.
Mr. Rothfus, who lives in Sewickley, Pa., with his wife and six children, has worked as a corporate lawyer since graduating from Notre Dame Law School in 1980. For the last 15 years he has practiced on and off at Yukevich, Marchetti, Liekar & Zangrilli, a 12-lawyer firm. He earned about $125,000 last year. His assignments for BNY Mellon constitute a tiny portion of his overall practice, which focuses on small- and medium-size businesses.
“I’ve never done anything close to securities work for Mellon, never came close to those C.D.O.’s,” said Mr. Rothfus, referring to collateralized debt obligations, the complex mortgage instruments that contributed to the near collapse of the financial system. “I’ve never even done an I.P.O.”
Spokesmen for organizations behind the attack ads against Mr. Rothfus — the Democratic House Majority PAC and Afscme — said that they stood behind the ads.
Despite Mr. Rothfus’s modest salary — top Wall Street lawyers earn substantial seven-figure salaries — the millionaire epithet is accurate. That comes courtesy of his wife, the daughter of a successful Pittsburgh businessman. Based on his most recent financial disclosure, Mr. Rothfus’s total assets, including those of his wife, range from $5.1 million to $13.9 million.
With clean-cut looks and wire-rimmed glasses, Mr. Rothfus does look the part of a button-down Wall Street lawyer. But he is quick to point out that he favors Brooks Brothers off-the-rack suits instead of the bespoke variety and prefers Land’s End neckwear to Hermès ties.
“There were certain individuals on Wall Street who were reckless and betrayed our trust,” he said. “But I wasn’t one of them.”