President Barack Obama outlined a second-term domestic agenda last night packed with proposals targeting the coalitions that re-elected him, seeking to deepen his ties with them and isolate Republicans.
The Republican victories in Congress mean U.S. companies from Goldman Sachs Group Inc . to WellPoint Inc . may be able to weaken or block what they consider President Barack Obama ’s anti-business policies on health care, the environment, taxes and financial reform.
Ever since Ronald Reagan, the Republican Party has moved steadily to the right. Yet in Tampa this week, for the seventh consecutive time, Republicans will nominate a mainstream presidential candidate after rejecting movement conservatives.
When the storm clouds clear, Mitt Romney and the Republican Party will face a compressed political convention that will make the task of balancing biography and criticism of President Barack Obama more difficult.