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Face the Nation this Sunday: Ron Paul

Figured I'd get a little more cerebral with my posts...


With less than two months until the first votes are cast in Iowa, the
Republican presidential field is as unsettled as ever. While former
Massachusetts Governor Mitt Romney maintains his base of support, he's
not breaking out. Meanwhile, businessman Herman Cain and former house
speaker Newt Gingrich have each seen their poll numbers rise (and in
Cain's case, fall), and now Representative Ron Paul joins them atop the latest Bloomberg News poll of Iowa voters. CBSNews.com special report: Election 2012

"Ron
Paul is for real in Iowa," said Chris Cilizza of the Washington Post
this week. Paul ran for president as a Republican in 2008, but his
message of small government and limited foreign engagement is striking a
chord with many Tea Party supporters. Known for his
staunch libertarianism and his plans to abolish the Federal Reserve,
Paul's campaign has been surging, raising over $8 million in the third
quarter of this year and winning numerous straw polls. He has a strong
base of support and has been running television ads for months now in
the first caucus state, Iowa. Paul also has some tough
words for most of Washington and has unveiled his own major budget
cutting bill. While the congressional supercomittee tries to come up
with a plan to cut more than $1 trillion from the federal budget over
the next ten years, Paul has his own plan to cut $1 trillion - which he
says can be done next year. "I don't think there's any
serious talk on the hill. I don't think the super committee is anywhere
close," he said this week. His plan would eliminate five federal cabinet
departments -- Education, Energy, Commerce, Interior and the Department
of Housing and Urban Development -- thereby cutting the federal
workforce by 10 percent. "I think it would be a pretty good starter and gets back to living within our means," he said.

The
super committee and cutting spending is again the key issue this week
in Washington, but with its deadline of next Wednesday, fast
approaching, failure looks like the most likely option as the two sides
are again stuck on Washington's biggest sticking point - taxes. "Tax
Spat Stymies Debt Panel" says the Wall Street Journal. "Supercommitee
on Brink of Collapse" screams the headline in Politico. Usually
the hang-up in Washington is that Democrats want tax increases and
Republican want only spending cuts to help balance the budget. But
thanks to a proposal from freshman Republican Senator Pat Toomey, now
the main question is how much will be raised from new revenues. Toomey
has put for a plan to raise nearly $500 billion in variety of new
revenues, including closing loopholes in an effort to reform the tax
code, and yet plans to permanently extend all of the Bush era tax cuts,
set to expire next year. "If we can have the opportunity
to generate the tremendous economic growth that has come from the tax
reform, with simplifying the code, and avoid the biggest tax increase in
American history, ... I think that's worth paying the price," Toomey
said in an interview with Politico. Because most
Republicans are opposed to any effort to increase taxes, the fact that
Toomey, the former head of the conservative Club for Growth, is behind
the proposal, gives it more legitimacy among many in Washington. Many
democrats, though, are seeking more of a balance of tax increases,
through eliminating deductions and loopholes, and spending cuts to reach
the super committee's goal of cutting more than $1.2 trillion from the
budget over the next ten years. Joe Manchin, a freshman
senator and former governor of West Virginia, has pushed the committee
to "Go Big" - suggesting a goal of $4 trillion in cuts through reforms
to the tax code and entitlement programs, such as Medicare and Medicaid. Manchin,
who won the seat formerly held by longtime Democrat Robert Byrd, is one
of 23 Democrat incumbents who are up for re-election next year, and key
to the party's hopes to retaining control of the Senate. He
came to the Senate promising to he'd "take on Washington, and this
administration to get the federal government off of our backs and out of
our pockets," he said in his now famous television ad that showed him
firing a bullet through, taking "dead aim" at, the cap and trade
legislation passed to curb greenhouse emissions. Since he's been in Washington, Manchin has done what he promised - taking on the partisan gridlock.

"To
the tens of millions of American families who work hard to take care of
their families, I can only imagine the anger and disgust they have at
witnessing a broken government and a President and Members of Congress
who can't seem to even agree sometimes on what day it is - let alone how
to solve our nation's debt crisis.," he said during the debt ceiling
debate in July. "The American people deserve better," he said in his
sharp rebuke of the system and his colleagues. He also
argued for withdrawal of U.S. forces from Afghanistan, in part because
the nation cannot afford the commitment any longer. "I
believe that if we are being honest with the American people about the
depth of fiscal challenges we face at home, it is impossible to defend
the mission in Afghanistan, in which we are building schools, training
police, teaching people to read - in other words, building a country -
even at the expense of our own," he said in June. Can the
super committee succeed? Can Democrats and Republican reach common
ground on new tax revenues or entitlement reforms? Will failure lead to
significant spending cuts? What would failure mean for the economy and
will it affect President Obama's re-election campaign? Will failure give
new energy to those in the electorate looking to change Washington?
Will Republican voters soon turn to Ron Paul and can he win the Iowa
Caucus?


Added: Nov-18-2011 Occurred On: Nov-18-2011
By: Hamster
In:
Politics
Tags: Ron Paul, Face the Nation, CBS, dinosaur media, alphabet media
Views: 3191 | Comments: 3 | Votes: 1 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 3
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