Originally published on Wed October 3, 2012 7:56 am
In their first debate Wednesday night, the two presidential candidates will explain their plans for fixing the U.S. economy.
The problems are complicated and long-standing, so the solutions may not be easy to spell out in the two minutes allowed for each answer under the debate rules.
But President Obama, the Democratic incumbent, and former Gov. Mitt Romney, his Republican challenger, will try, and about 60 million people are expected to tune in. This first debate will focus on domestic issues, with the economy topping the list of homefront problems.
Originally published on Tue October 2, 2012 3:20 pm
There's always a lot of noise around a presidential campaign — minor flaps that suck up a lot of media attention but are forgotten by Election Day.
John Sides, a political scientist at George Washington University and a founder of the blog The Monkey Cage, says there's no need to worry about a lot of the ephemera that news coverage tends to focus on.
"I'm telling you, all the fun things don't matter," Sides says.
Here's something President Obama and Mitt Romney agree on: America's tax system is too complicated. Both men have outlined changes that are broadly similar, but with some important differences.
Today's tax code is like a department store, where the price tags are high, but there are lots of coupons, sales and weekend specials. That creates some inequities. Just as shoppers can pay different prices depending on which day they buy, taxpayers with the same income can pay very different rates depending on which deductions they qualify for.