mitt romney

mitt romney The apparent front-runner in a wide open Republican field, Romney will start his campaign in New Hampshire, the early-voting state where a win in next February's primary election would boost his chance of winning the party nomination to face Democratic incumbent President Barack Obama in the November 2012 general election.Romney will blame "the Obama economy" for the job losses and home foreclosures that have plagued Americans during the president's first term and helped renew fears that the economy could soon dip back into recession.

The economy is perhaps Obama's main weakness, although polls say the president is still favored over all potential Republican opponents.Polls show Americans are also concerned about federal spending, the mounting national debt and a budget deficit projected to reach $1.4 trillion this year."Government under President Obama has grown to consume almost 40 percent of our economy. We are only inches away from ceasing to be a free-market economy," Romney will say in his speech, according to excerpts released by his campaign.By contrast, Romney says he would balance the federal budget and cap federal spending at 20 percent of gross domestic product, or less, if elected president.Most opinion polls show other Republican hopefuls like former House of Representative Speaker Newt Gingrich and former Minnesota Governor Tim Pawlenty trailing Romney by a wide margin, although surveys are volatile this early in the race."In a relatively open field, Mitt Romney at this juncture is the front-runner from an organizational and fund-raising standpoint," said Republican strategist Ford O'Connell.Romney has a powerful fund-raising apparatus in place. He raised an astounding $10.25 million in an eight-hour phone-a-thon in Las Vegas last month. Contacts from Romney's days running the venture capital firm Bain Capital are another rich source of campaign donations.

mitt romney