Wednesday, February 07, 2007

First Major Policy Speech

Mitt Romney gave what is being touted as his "first major policy speech" today at the Detriot Economic Club. Romney used his remarks to target fiscal conservatives, putting forth policy proposals that included making Bush's 2001 and 2003 tax cuts permanent, reforming the tax code, vesting the president with a line-item veto, allowing people to save a certain amount tax free each year, "pruning" back Sarbanes-Oxley, national tort reform, and revisiting the CAFE fuel efficiency standards to reduce dependence on foreign oil. Many of these proposals (outside of visiting the CAFE standards) fall in line with President Bush's economic policy. Will Romney seek to differentiate himself from Bush at all on fiscal policy, or, given the economy's current strength in most areas, will he campaign on "staying the course" economically?

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