Free Republic

Mitt Romney, speaking at a private fundraising event on Sunday, offered the first details of deductions he would eliminate or limit in order to offset the income tax cut he has proposed for all taxpayers. Mr. Romney, the presumptive Republican nominee for president, said he would eliminate or limit for high-earners the mortgage interest deduction for second homes, and likely would do the same for the state income tax deduction and state property tax deduction. He also said he would look to the Department of Education and the Department of Housing and Urban Development for budget cuts. Mr. Romney discussed...

(Reuters) - Mitt Romney is struggling to regain control of the race for the Republican presidential nomination, but his allies appear ready to offer him a strong crutch for the road ahead. Restore Our Future, the independent "Super PAC" that supports Romney, spent $13.5 million in January on ads attacking his rivals and still emerged with $16.3 million in the bank, according to disclosures filed Monday with the Federal Election Commission.The pro-Romney PAC, or political action committee, spent $12.3 million alone on TV, Internet and radio ads that went after former U.S. House of Representatives speaker Newt Gingrich, Romney's chief...