Mitt Romney

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  • Status: 
  • Former Title: Governor of Massachusetts (2003-2007)
  • Party Affiliation: 
  • Age: 
  • Birthplace: Detroit, MI
  • Religion: Mormon
  • Alma Mater: Stanford University, Brigham Young University (BA), Harvard Law School (JD), Harvard Business School (MBA)
  • Website: http://www.mittromney.com

The former governor of Massachusetts, Mitt Romney first ran for president in 2008 when he lost the Republican nomination to Sen. John McCain. Born in Detroit in 1947, Romney is the son of a former governor of the Michigan. He has worked as a missionary, consultant and entrepreneur.

Romney was credited with revamping the 2002 Winter Olympic Games in Salt Lake City, which had lost significant investor interest because of corruption scandals. He has founded his campaign so far on a message that his experience as a businessman means he will be able to create jobs, unlike President Barack Obama.

Romney’s greatest challenge in the nomination race is his ability to cast himself as a true conservative. One sticking point is a healthcare law that Romney passed as governor of Massachusetts, which provided near universal healthcare in the state. Republican critics have dubbed the program “Romneycare,” equating it with Obama’s healthcare reform adopted last year.

Romney is the co-founder of the private equity firm Bain Capital. When audience members heckled him for pledging not to raise taxes even on the wealthy at the Iowa State Fair in August, Romney responded by saying, “corporations are people.”

He is the richest candidate on the 2012 campaign trail with a net worth between $190 million to $250 million.

A Mormon, Romney studied at Brigham Young University and worked as a missionary in France. He graduated from Harvard University with a master’s in business and a law degree.

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Romney on the Issues

  • Romney’s proposals for creating jobs and growing the economy include cutting the top corporate income tax, eliminating the capital gains and dividend taxes for some people, ending regulations on business, promoting domestic energy production, and weakening labor unions. The former head of the Bain Capital private equity firm says his business experience gives him an advantage over other Republicans and Obama in the quest to create jobs for the sluggish U.S. economy.

  • Romney supports establishing a system to ensure that employers hire only legal immigrants and building up a border fence with Mexico.

  • Romney has said Occupy Wall Street protestors are looking for “scapegoats to attack,” and that pinning the blame for economic malaise on Wall Street is the “wrong way to go.” “I think it’s dangerous, this class warfare,” he said while campaigning in Florida. Regarding the Tea Party, Romney has said that if it is “for keeping government small and spending down and helping us create jobs, then hey, I'm for the tea party."

  • Romney would boost domestic energy production and streamline industry regulations to open up territory, on- and off-shore, for development. He would pursue energy development partnerships in Canada and Mexico and would make weaning the US off of imported energy from the Middle East a priority over reducing carbon emissions.

  • At the annual "Values Voter Summit," Romney said he would oppose marriage rights for homosexuals and seek to overturn Roe v. Wade. He's viewed skeptically by some conservatives for his past support for abortion rights and gay rights.

  • Romney proposes reform, but long-term solvency, for social programs like Medicare and Social Security.

  • Romney would cut federal spending and reform entitlement programs. He would reduce the size and reach of the federal government and work toward balancing the budget.

  • Romney would impose tougher sanctions on Iran to keep it from building nuclear weapons. He wants China declared a currency manipulator and says he would reverse defense spending cuts and take a more aggressive approach to U.S. diplomacy. The United States, he says, should bring troops home from Afghanistan as soon as possible, but only with the approval of military commanders. He would reverse defense spending cuts and spend more on missile defense. He favors an assertive approach toward China, maintaining a strong military presence in the Pacific to ensure open trade routes are maintained, and identifies China and Russia as nations with growing ambitions that must be watched carefully, along with Iran, Pakistan, North Korea and Venezuela.

  • Romney would repeal Obama's healthcare reform and replace it with market-based reforms that he says empower states and individuals and reduce healthcare costs. On his first day in office, would issue an executive order paving the way for all 50 states to get waivers from Obama’s healthcare overhaul.

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The legacy of Romney's healthcare reforms

Five years into Massachusetts' first-in-the-nation statewide healthcare program, there is enough data to evaluate some of the brightest claims and biggest fears about the reforms.  Full Article 

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