Archive for the ‘Republican’ Category

All eyes on 2016 at Republican governors' gathering

This Nov. 19, 2014, file photo shows Wisconsin Gov. Scott Walker, joined by Indiana Gov. Mike Pence, left, and Texas Gov. Rick Perry, right, at the Republican Governors Association annual conference in Boca Raton, Fla. AP

BOCA RATON -- A half-dozen potential Republican presidential contenders spent last week peacocking across the sprawling grounds of a pink-hued luxury resort, schmoozing with donors and sizing up the competition in the party's most fractured field in decades.

They rarely criticized each other in public, but there were subtle jabs.

Within hours of New Jersey Gov. Chris Christie gracing the cover of a magazine in an illustration of him kissing a baby's head, Louisiana Gov. Bobby Jindal suggested the party needs bold leaders, not showmen.

"We have enough politicians who try to be celebrities and kiss babies and cut ribbons," Jindal said.

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CBS News correspondents discuss exit polls on possible candidates for Oval Office

Whether it was an intentional shot at Christie or not, the looming 2016 contest changed the context of every speech, interview and panel discussion at the Republican Governors Association's annual conference. The summit at the oceanside Boca Raton Resort & Club felt like a test run for what is increasingly shaping up to be a brutal showdown for the GOP presidential nomination among more than a dozen potential contenders, including a cluster of governors.

In contrast, Hillary Rodham Clinton has spent recent weeks basking in the glows of grandmotherhood and applause at a few public events - without any major challenger for the Democratic nod, should she choose to pursue it.

While the potential GOP field appears stronger than four years ago, the Republicans are without a front-runner.

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All eyes on 2016 at Republican governors' gathering

GOP congressional majority likely to change way it crunches numbers

The incoming Republican majority in Congress is preparing to give number-crunching a controversial twist, and the new math could make it easier for the GOP to cut taxes.

For years, leading GOP lawmakers have wanted to change the way that the nonpartisan congressional staff calculates or, in Washington parlance, scores the budgetary cost of changes to the tax code.

Budget scoring now is fairly straightforward: Just figure out how much more money a tax increase would produce for the Treasury or how much a tax cut would cost in lost revenue.

Republicans, however, want two key congressional offices to use complex models to try to predict the broader effect of hikes and cuts on the economy. The process is called dynamic scoring.

"I prefer to call it reality-based scoring," Rep. Paul D. Ryan (R-Wis.), the incoming chairman of the tax-writing Ways and Means Committee, said in a recent speech to financial executives.

He and other Republicans said the current process fails to take into account the idea that tax cuts can increase economic growth and therefore government revenue by encouraging businesses and individuals to invest more.

"We can do so much more in measuring effects of tax changes," Ryan said.

But Democrats have their own description of dynamic scoring. They call it voodoo economics, a term dating to the Reagan administration's trickle-down economic theory in the 1980s, holding that more money for the wealthiest eventually makes its way to everybody else.

"What's dynamic about it?" asked Rep. Sander M. Levin (D-Mich.), the panel's top Democrat. "It can backfire."

The Congressional Budget Office and the Joint Committee on Taxation produce cost estimates for legislation that typically assume the overall size of the economy and the workforce remain fixed. That provides a baseline with which to compare different types of legislation.

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GOP congressional majority likely to change way it crunches numbers

Dartmouth College Bloomberg Republican Presidential GOP Debate Oct 11th, 2011 Part 2 – Video


Dartmouth College Bloomberg Republican Presidential GOP Debate Oct 11th, 2011 Part 2
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FOX News and YouTube Republican Presidential Debate in Orlando,Florida Part 6 – Video


FOX News and YouTube Republican Presidential Debate in Orlando,Florida Part 6
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Dartmouth College Bloomberg Republican Presidential GOP Debate Oct 11th, 2011 Part 5 – Video


Dartmouth College Bloomberg Republican Presidential GOP Debate Oct 11th, 2011 Part 5
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Dartmouth College Bloomberg Republican Presidential GOP Debate Oct 11th, 2011 Part 5 - Video