Tales from the Trail
Last week a public workers union launched a television ad that raised an old question about presidential candidate Mitt Romney’s connection to Damon Corp, a company that defrauded Medicare by the millions while under the watch of Romney’s private equity firm Bain Capital. Thursday, the Super PAC Winning Our Future, which supports Romney’s Republican rival Newt Gingrich released the trailer for a campaign video titled “Blood Money” that echoes the same criticism.
Tackling huge budget deficits and growing debt is essential for the United States to avoid a financial market crisis that would push interest rates higher and severely damage the U.S. economy, many economists have warned.
Senate Majority Leader Harry Reid proudly proclaimed on Wednesday that the “historic healthcare reform is now no longer a bill it is the law.”