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Who do you think is most to blame for the fiscal impasse?

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  1.  
    40 %
    Obama
    403 votes
  2.  
    41 %
    Congress
    418 votes
  3.  
    4 %
    Voters
    37 votes
  4.  
    15 %
    All of them!
    155 votes

Total Responses: 1,013
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Even though Romney won in a squeaker, Republican infighting and an improving economy have given the president a head start in November's race.

By MSN Money Partner Mar 7, 2012 12:24PM

 U.S. News & World Report on MSN MoneyBy Rick Newman

 

COLUMBUS, Ohio -- Mitt Romney's narrow win in the Ohio primary gives him Super Tuesday's most valued prize, even if it was a squeaker that gave runner-up Rick Santorum a moral victory of sorts. Yet Romney continues his plodding march to the Republican presidential nomination, gaining the majority of Ohio's 66 delegates plus a bit of momentum that the former Massachusetts governor desperately needs.

 

But the bigger winner in Ohio may be the Republicans' ultimate opponent, President Barack Obama. Ohio is a key swing state that may tip the election in November, as it has many times before. That is sure to make Ohio a smoking political battleground in the fall, with both sides fighting viciously for its 18 electoral votes. Here are four reasons why Obama, who won Ohio by a 52-47 margin in 2008, may already have an edge in the Buckeye State's general election.

 

Economy and jobs are the top issues in Ohio, a bellwether state, and Romney may capitalize on Rick Santorum’s mistake in focusing too much on conservative social issues.

By The Fiscal Times Mar 6, 2012 12:27PM
By Eric Pianin, The Fiscal TimesThe Fiscal Times

Former Massachusetts governor Mitt Romney’s come-from-behind victory last week in Michigan’s GOP presidential primary demonstrated that voters were more concerned about the economy and jobs than contraception and the culture wars, and that may go double for Republican voters in Ohio when they go to the polls today.
 
Ohio, with 66 delegates, will be the biggest prize by far among the ten states up for grabs in this crucial Super Tuesday showdown. Romney, former Pennsylvania senator Rick Santorum, Texas Rep. Ron Paul, and former House Speaker Newt Gingrich will be vying for a total of  437 delegates in the Buckeye State, Alaska, Georgia, Idaho, Massachusetts, North Dakota, Oklahoma, Tennessee, Vermont and Virginia, while Wyoming will begin its delegate selection process.  By the time the dust settles late tonight,  Romney could all but wrap up the Republican nomination with victories or strong showings in Ohio, Vermont, Massachusetts, Tennessee and Virginia. 

Find out what election 2012 could mean for your finances by checking our new section daily.

By MSN Money Partner Mar 6, 2012 11:27AM

Image: Rows of American vote buttons © Vstock, UpperCut Images, Getty ImagesJust in time for Super Tuesday, MSN Money is  launching a new politics section today. Visit MSN Money & Politics to find daily political news updates, great election-related features and timely video.

 

Today, we have feature articles on the spending spree by Super PACs, Obama’s problem with rising gas prices, and the two political issues that could bring down the U.S. economy. Of course, we also have up-to-the minute coverage of the Super Tuesday races. Be sure to take our poll and check out our curated feed of some of the most thought-provoking headlines on Twitter.

 

A pair of hard deadlines are approaching: The need to raise the debt limit and the expiration of tax cuts at the end of the year.

By The Fiscal Times Mar 5, 2012 7:23PM
By Bruce Bartlett, The Fiscal TimesThe Fiscal Times

The term “crisis” is frequently overused in Washington, never more so than in budget debates. The problem is that a real crisis requires a hard deadline by which time something must happen or something terrible will happen.

There are two hard deadlines approaching, the need to raise the debt limit and expiration of all expiring tax cuts at the end of the year. These two action-forcing events, when combined with more than the usual political uncertainty over control of Congress and the White House next year, mean that the long-awaited fiscal crisis is now here. 

The third-party presidential candidate explains why political corruption is our biggest problem.

By MSN Money Partner Mar 5, 2012 6:57PM

By Rick Newman

 

 

The winner of the presidential election this year will probably be a Republican or a Democrat. But widespread disgust with both parties -- and with America's whole political establishment -- could make a third-party candidate as influential as Ralph Nader was in 2000 or Ross Perot was in 1992.

 

Buddy Roemer hopes to be the chosen china-breaker -- and he's got the maverick credentials to pull it off. After graduating from Harvard and Harvard Business School, Roemer served eight years in Congress in the 1980s as a Louisiana Democrat. Then he spent four years as Louisiana's governor. He switched to Republican when running for re-election in 1991, but lost.

 

Four political action committees spend nearly six million during five days to woo voters in the 10 states holding primaries and caucuses.

By TheStreet Staff Mar 5, 2012 4:54PM

By Joe Deaux

 

Super PACs supporting the Republican candidates have been burning through mounds of cash ahead of Super Tuesday in hopes of reaching voters in the 10 states holding primaries and caucuses.  

 

The four super PACs that support the remaining contenders -- Restore Our Future; Winning Our Future; Red, White & Blue Fund; and Endorse Liberty -- spent $5.9 million between Feb. 29 and March 4, according to opensecrets.org.

 

As the president tries to keep the situation in Iran stable, the Republican candidates have an opportunity to strike.

By TheStreet Staff Feb 29, 2012 2:11PM

BTheStreety Daniel Dicker

 

The biggest hurdle to President Obama's re-election is almost surely going to be the inevitable steady rise in gas prices over the summer.

 

And no matter how hard he -- or anybody else -- argues that higher pump prices are largely beyond his control, you and I both know that the American public won't much care for explanations. They'll just be looking for relief.

 

But it jabs at GOP rival Mitt Romney, whose tax rate in 2010 of 13.9 percent is a handy reminder of how our tax code helps the wealthy stay wealthy.

By Amey Stone Feb 9, 2012 2:15PM

Image: Taxes (© Thinkstock/SuperStock)By Liz Peek, The Fiscal Times

 

President Obama has a new favorite possession -- the "Buffett Rule." Like a poodle with a new chew-toy, Mr. Obama can't leave the Buffett Rule alone; he takes it everywhere. For the president, the proposal that everyone earning over one million dollars should pay at least 30 percent of that income in taxes is satisfying on many fronts.

 

For starters, it reminds voters that, contrary to GOP sniping, Mr. Obama actually does have allies -- or at least one ally --in the business world. He has Warren Buffett, a lonely and awkward boy who grew up to become a ruthless dealmaker and investment genius, and has since become America’s best chum.

 

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Follow Republican and Democratic presidential candidates as they battle for the White House. Explore how monetary and fiscal policies affect your finances. Get insightful analysis of the American political economy and the latest news on the 2012 election.

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