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New Obama Ad Keeps Up Heat On Romney’s Bain Record [Video]–UPDATE

Obama for America today is out with a new ad that continues the attack on Mitt Romney’s record at Bain Capital.

Titled “Believe,” the voiceover for the spot intones, “What a president believes matters,” and launches immediately into a hit on Mr. Romney: “Mitt Romney’s companies were pioneers in outsourcing US jobs to low-wage countries.He supports tax breaks for companies that ship jobs overseas.”

The ad then describes. Mr. Obama’s commitment to “insourcing” and building the nation’s manufacturing base.

The ad comes as Democrats and pundits of all stripes remain divided on the effectiveness of Mr. Obama’s attacks on Mr. Romney’s career at Bain. High profile Democrats like Bill Clinton and Cory Booker criticized the attacks, but polls have shown that they have weakened Mr. Romney. Read More

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Chuck Schumer

Schumer Slams Boehner As Tax Deal Collapses [Video]

U.S. Sen. Chuck Schumer said that negotiating with House Speaker John Boehner is like “trying to nail jello to the wall,” during an appearance on “Morning Joe” today.

“He keeps moving the goalposts back because he can’t control his caucus and they are running off a cliff and he is following and not leading.”

Over the weekend, President Barack Obama and the Senate struck a deal to extend the payroll tax cut for two-months. If the tax cut were allowed to lapse, it is expected to put a damper on the economy. Lower income voters would be the hardest hit. Speaker Boehner expressed support for the deal, but later recanted in the face of growing opposing among conservatives in the House.

He has instead been pushing for a year long extension of the kind that President Obama originally wanted but relented on in the face of Senate Republican opposition.

“Speaker Boehner has two choices and there are only two. The first is to pass the bill, the  bipartisan bill that the Senate passed 89-10, vast majority of Republican, lot of Tea Party guts voted for it. The second is the middle tax cut will lapse and he will be responsible and I don’t think he wants that,” Mr. Schumer said. Read More