The Big Story Blog

3 things to know about the GOP presidential race

Posted at 4:13 PM on October 19, 2011 by Paul Tosto
Filed under: Politics

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(CNN.com)

The fight for the GOP Republican nomination has turned predictably ugly. Maybe it's fitting the conflict happened during a debate in Las Vegas, capital of last chance gambles.

We've been scrounging for news and insights about the GOP way forward from here to the 2012 nomination and election. Here are some of the things we found.

1.) Plans on the table. Republicans are starting to detail exactly what they'd do to change the government and aid the economy. Candidate Rick Perry, losing traction in the polls, is readying a flat tax proposal. Expect it to get hammered, though, in a way similar to the attacks on candidate Herman Cain's "9-9-9" tax proposal.

2.) Public blames government, not business. No matter their tax plans or their standing among voters, it was a good day for all the Republican candidates. New Gallup polling data show that most Americans agree that the federal government has done more than business to create the economic mess we're in now.

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That's real leverage for Republicans building a counterargument against President Obama's efforts to boost federal spending as the means to improve the economy. It may not matter if the president wants to tax only millionaires more. The public isn't buying into the idea that the federal government's ideas will help.

3.) Money talks. With Democrats pointing fingers at Wall Street and big business, you'd think that the big money would be rushing away from Obama and toward the Republicans. But it's not the case.

"Despite frosty relations with the titans of Wall Street, President Obama has still managed to raise far more money this year from the financial and banking sector than Mitt Romney or any other Republican presidential candidate, according to new fund raising data." The Washington Post reported this afternoon.

The Post reports Obama has more cash from financial sector than GOP hopefuls combined.

For GOP candidates, that might be the biggest hurdle to overcome.

Learn anything today about the GOP nominees or their plans that we missed? Post something below or contact us directly.


About Paul Tosto

Paul Tosto

Paul Tosto writes the Big Story Blog for MPR News. He joined the newsroom in 2008 after more than 20 years reporting on education, politics and the economy for news wires and newspapers across the country.