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ed Romney Saturday night.The two Republican frontrunners for the nomination focused on
President Barack Obama and defending their own records in separate TV interviews.
It was a shift from recent weeks where the two have attacked
each other, trading accusations about each other's' records and the money each
has made.In a rare appearance on a Sunday news program, meanwhile, Romney
portrayed himself as the GOP candidate who is best able to defeat
Obama next year. Romney defended his years making millions in private business,
claiming he'll be able to handle attacks from Democrats who are already
trying to paint him as wealthy and out-of-touch. And he argued that
his tax proposal is kinder to the middle class and less generous
to the rich than the flat tax proposals his rivals -- including
Gingrich -- are backing."The president's going to go after me," Romney said
on Fox News Sunday. "I'll go after him."Taken together, the pair has
set up a choice for Republican
e two-month tax cut is estimated to be worth about $165 for
someone making $50,000 a year.While lawmakers will say that the mortgage fee
hike means the payroll tax cut is fully paid for, the timetables
for the tax cut itself and the revenue from the fee are
very different.The Congressional Budget Office estimates that while the tax cut lasts
two months, it will take 10 years for the associated fee hike
to drum up an estimated $35.7 billion and replenish the lost revenue.
That rhetorical tactic is common on Capitol Hill -- lawmakers frequently say
bills are "paid for" when in fact it takes a decade for
that to be the case.Fox News' Trish Turner contributed to this report.
stake in a Saudi media company that produces the influential Arabic language
newspaper Asharq al-Awsat and other publications.Alwaleed's decision to buy into Twitter likely
goes beyond his interest in media and technology.Said Hirsh, a Mideast economist
with Capital Economics in London, said rich Arab investors like Alwaleed have
long targeted trophy assets and well established businesses."It is ... an investment
into a well recognized brand with future growth potential," Hirsh said, adding
that Twitter investors such as Alwaleed are unlikely to try to influence
the user-generated content on the site. "I ... don't think that there
is anything sinister behind it," he said.Twitter recently began rolling out a
series of tweaks designed to make the site easier to navigate. The
redesign also aims to allow for more detailed information about corporate brands,
as Twitter tries to convert more companies into advertisers.The company earlier this
year raised $400 million
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