Your morning jolt: Newt Gingrich slams Mitt Romney over limiting mortgage deductions

So why is Newt Gingrich still in the GOP presidential race? So he can issue statements like the one below, which arrived this morning:

“Governor [Mitt] Romney’s proposal to limit certain tax deductions based on income, including the deduction for mortgage interest on second homes, is a surrender to the class warfare rhetoric of the Left.”

Over the weekend, at a fundraiser in Florida, Romney was overheard saying that he might seek to limit tax deductions for second home mortgages and eliminate the Department of Housing and Urban Development.

But apparently, it’s far too early for a Sistah Souljah moment. Aides later said the presumptive GOP nominee was simply tossing around ideas.

Says Gingrich:

“Conservatives believe in the classical American definition of fairness – that every American be treated equally under the law…

“Governor Romney’s tax proposal violates that principle by giving politicians the power to carve out exceptions in the law for people of certain incomes. Furthermore, it sets the stage for future tax increases, as politicians will continually try to decrease the income threshold where citizens will no longer be able to avail themselves of the deductions.”

***
With Democrats again pointing to Mitt Romney’s vacation practice – decades ago – of transporting the family dog in a crate on the roof of the car, the Daily Caller has reached into President Barack Obama’s autobiography for these lines about the author’s life as a young boy in Indonesia:

“… I learned how to eat small green chill peppers raw with dinner (plenty of rice), and, away from the dinner table, I was introduced to dog meat (tough), snake meat (tougher), and roasted grasshopper (crunchy).”

Resolved: When Democrats and Republicans use the phrase, “treated him like a dog,” they mean two entirely different things.

***
The New York Times reports that Rick Santorum, the exited GOP presidential candidate, held a Monday night conference call with 4,000 supporters:

Mr. Santorum refrained from endorsing Mr. Romney during the conference call, but John Brabender, his top strategist, said Tuesday that he expected Mr. Santorum to meet with Mr. Romney in the next two or three weeks to discuss a possible endorsement.

***
The focus of Gov. Nathan Deal’s appearance at the Atlanta Press Club on Tuesday was the recent rewrite of the state’s open record statutes, as pushed by Attorney General Sam Olens.

But Jonathan Shapiro of WABE (90.1FM) picked up on what sounded like a threat – or maybe a hard promise – from the governor, aimed at local officials balking at a one-cent sales tax for transportation. Said Deal:

“You may not get the General Assembly to be able to delegate that authority back down to local levels of government to participate in the project selection process again, if this proves to be unsuccessful.”

***
Jon Gillooly at the Marietta Daily Journal has an interesting item on Cobb County school board member David Morgan, who is also a lobbyist with the American Federation for Children – which pushes charter schools.

Over the last few months, Morgan reportedly spent $2,711 on state Reps. Stacey Evans, D-Smyrna, and state Rep. Sheila Jones, D-Atlanta – for “grassroots outreach” and “advertising in support of charter schools.”

The two lawmakers say they don’t know what he’s talking about.

***
Finally, the Wall Street Journal reports that Ford CEO Alan Mulally has revealed that battery packs for the company’s $22,000 Focus electric car cost between $12,000 and $15,000.

- By Jim Galloway, Political Insider

For instant updates, follow me on Twitter, or connect with me on Facebook.

174 comments Add your comment

Sweed

April 18th, 2012
9:43 am

We must put and end to pig on robot crime.

[...] morning jolt: Newt Gingrich slams Mitt Romney over limiting mortgage [...]

Centrist

April 18th, 2012
9:48 am

Gingrich uses a scorched earth policy, and has little room for legitimate compromise. Speaker Boehner and President Obama reached a “Grand Bargain” on spending reductions and revenue enhancements (more tax) which Senate Democrats made him take back. The revenue enhancements were a tough sell for the U.S. House and Tea party Republicans, but were doable. They were made up from closing loopholes, tax credits, restricting deductions LIKE THE ONE ROMNEY ENDORSED.LIMITING SECOND HOME DEDUCTIONS.

Political leadership is the art of compromise when it is necessary. That is what was ALMOST done last year – but Senate Democrats and Republicans like Gingrich divide based on dogma rather than resolve problems. We are at least well rid of Gingrich.

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zeke

April 18th, 2012
10:00 am

newt is an idiot…seems reasonable to support mortgage deduction with limitations (income), but second homes is crazy….the right goes crazy on the left trying to get health care, but fat arsee newt sees great benefit for folks with second homes….but woe be it to help folks with health insurance…what putz

Jai

April 18th, 2012
10:00 am

Dear Mitt: You cannot compare a 9-year old eating whatever his parents put on the table to a grown ass man tying a dog to the top of a car for an extended car trip. If you are so stupid that you can’t see the difference, then you need to get out of the race NOW!!

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History Will Teach Us if We Will Learn

April 18th, 2012
10:03 am

I can agree with Centrist on this one. You can compromise your position without compromising your principles. Too often politicians sell out to the media’s need for 30 second sound bites instead of thoughtful discourse.

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Centrist

April 18th, 2012
10:05 am

Romney would be a centrist if he would also endorse the “Buffet Rule”, but alas he can’t yet when he needs campaign contributions from the wealthy and SuperPacs they fund. Wealthy Democrats are safe since they know the Buffet Rule will not pass in an election year, and they will drop it next year as they really don’t want it, either.

With only 300,000 taxpayers affected by such a tax rule (and most U.S. Senators), it wouldn’t amount to much relative revenue – but it would go a long way toward reducing the deserved cynicism of who controls the tax code for self interest.

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Billy Bob

April 18th, 2012
10:11 am

If Newtie believes all Americans are treated equally under the law he is an utter, absolute and complete fool. Has he ever looked at the tax code and seen all the different ways Americans are treated. There are some who get the shaft and some who get the gold. Newtie needs to go away and write books for his idiot followers.

robo

April 18th, 2012
10:11 am

That statement shows that he’s not on the same page with friend Neal Boortz on the FAIR Tax idea. It’s time for Newt to pack up his boxers and go back home to Virginia. Newt hasn’t been a Georgian or authentic for well over 30 years. Speaker Gingrich was once a common sense conservative who had a passion for the outdoors. He abandoned those principles and those who loved him and has been an embarrassment ever since.

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Bennie

April 18th, 2012
10:12 am

GSA parties like its your birthday on my money and Galloway wants to talk about Newt.

Yawn.

Aaron Burr V Mexico

April 18th, 2012
10:14 am

@Not Centrist – Funny how those 300,000 are very busy saying, ‘It won’t amount to much’ but desperately don’t want to pay it. And then harp on and on about the deficit.

When you hear someone harping about how little income would be generated by yoking the 300,000 that are currently yoking you, let’s wonder if they are not, in fact, one of that 300,000…or more than likely part of the top 5% which is a much bigger number.

UGA 1999

April 18th, 2012
10:15 am

It is time for Newt to go away.

Sweed

April 18th, 2012
10:18 am

uga 99,

take your own advice and scram.

ByteMe

April 18th, 2012
10:19 am

@Sweed: +10

the Daily Caller has reached into President Barack Obama’s autobiography for these lines about the author’s life as a young boy in Indonesia:

False equivalence. Let us know if the dog Obama didn’t like to eat was the family pet or just the local animal-based protein.

Speaker Boehner and President Obama reached a “Grand Bargain” on spending reductions and revenue enhancements (more tax) which Senate Democrats made him take back.

It was the Tea Party members of the House who balked and wouldn’t let Boehner complete the agreement. That’s why Cantor walked out and Boehner realized he didn’t have his caucus behind him. Senate Dems had nothing to do with why the agreement failed… it never got that far.

ByteMe

April 18th, 2012
10:20 am

My 10:19 first line was for Sweed’s initial post @ 9:43.

td

April 18th, 2012
10:22 am

Sweed

April 18th, 2012
10:18 am

uga 99,

take your own advice and scram.

UGA99 expresses the views of the vast majority of this state so maybe you are the one that needs to re examine your views or take your own advice.

Marlboro Man

April 18th, 2012
10:24 am

Newt is just like the tea party, accomplishes nothing.

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td

April 18th, 2012
10:26 am

Jai

April 18th, 2012
10:00 am

The whole story is crap because what he did does did not hurt the dogs in any manner. You can drive down almost any Georgia road on any nice day and see dogs hanging their heads outside of car windows or riding in the back of trucks. For some reason dogs actually enjoy the wind in their faces.

UGA 1999

April 18th, 2012
10:27 am

Sweed…..Whats wrong, do not like the truth?

Word

April 18th, 2012
10:30 am

uga,

Looks like you flunked remedial English.

Centrist

April 18th, 2012
10:30 am

@ByteMe – pure liberal revisionism.

Senators Conrad and Reid have not been able to pass a Senate budget for 3 years! We are doomed again to have 12 annual spending bill continuing resolutions because the Senate has nothing to reconcile with the House budget. Obama’s budget proposals have never been accepted by his own Democrats. This is dereliction of duty.

We have a supposed automatic sequestration next year – but a lame duck Congress after the election is most assuredly going to postpone it along with continuing spending resolutions – more dereliction of duty. A newly elected Congress with whatever small mandate the President has is our next best chance of fiscal sanity next year.

UGA 1999

April 18th, 2012
10:33 am

Word….Actually in order to obtain an MBA, I had to pass “remedial English”. Is that the only comeback you can come up with?

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20/20

April 18th, 2012
10:36 am

Jai – would you please take a few moments and define or explain just what a “grown ass man” is?

jeff harrell

April 18th, 2012
10:38 am

Really centrist quite frankly I am sick of compromise. I have seen what compromise has gotten us and that is increased debt and unemployment. Newt is needed we need someone to change our habits not manage them. I really dont understand this approach it is not working. VOTE NEWT 2012

UGA 1999

April 18th, 2012
10:41 am

Romney is getting the nomination the only question now is if he chooses Ryan, Rubio or Christie.

jeff harrell

April 18th, 2012
10:41 am

Thats why Billy Bob we need a flat tax we alll should pay the same. I think the Speaker has the ideas to gain some fiscal control over Washington. He has a record of doing this no moderate will get this done.

Word association

April 18th, 2012
10:42 am

uga is to mba as dumb is to smart.

20/20

April 18th, 2012
10:42 am

Aaron Burr V Mexico – as with Jai, please define, explain or flesh out your definition of “yoking” is. I suspect it may have a physical impossibility attached to its meaning

UGA 1999

April 18th, 2012
10:42 am

Romney is now up 5 points over Obama in Gallup. GREAT NEWS!

Look before I leap...

April 18th, 2012
10:44 am

td said:
“UGA99 expresses the views of the vast majority of this state”

While a 52:47 margin is indeed a majority, I am not sure I would call it vast

Centrist

April 18th, 2012
10:44 am

@ jeff harrell – Compromise does not mean meeting in the middle, although that is the media’s and some politicians’ version. That is also why both sides stake out far left and right positions much harder to reconcile.

Gingrich is politically dead. He is not going to “change our habits”. We need political LEADERSHIP which has been lacking in the Senate and Presidency. Maybe next year, and maybe with some of the same players. This election year, like last year, is lost.

td

April 18th, 2012
10:46 am

jeff harrell

April 18th, 2012
10:38 am

I was in Newt’s class at KSU, worked on 5 of his campaigns, put his signs in my neighborhood, gave money to his campaign and voted for him for President here in Georgia and I am probably more conservative then you are. He is not going to become the Republican nominee for the party and really needs to shut up because Obama is pure evil and must be removed from office at all cost. It is time to circle the wagons and support Romney.

Look before I leap...

April 18th, 2012
10:47 am

“Really centrist quite frankly I am sick of compromise”

So you want to elect someone, have them rule by fiat and you want that someone to be Gingrich?
I think you should have the EPA come investigate your drinking water.

UGA 1999

April 18th, 2012
10:47 am

Look before I leap….If you have any vision of Obama winning Georgia you are insane.

Aaron Burr V Mexico

April 18th, 2012
10:47 am

@Straw man – They are correct. Compromise is for the weak and foolish, and it is your ‘revisionism’ that shows you are an idiot.

@UGA 666 – Intrade hasn’t moved. Wonder why.

@TD – Yes, the vast majority of this state is dumb, which is why it should be expelled from the United States.

@20/4000 – metaphorical harnessing. Who works for whom? Do we admit that the elite have a greater burden than the baseline or do the Slines work to support the elite?

Normally, I don’t like Slines much, but at the moment, especially given AGW denial, I find the Elite more disgusting.

td

April 18th, 2012
10:48 am

Look before I leap…

April 18th, 2012
10:44 am

And where are you getting those numbers from?

Centrist

April 18th, 2012
10:49 am

@ Look posted “While a 52:47 margin is indeed a majority, I am not sure I would call it vast”.

The margins in the legislature and Congressional districts were larger, and the result is we have all three branches of government and almost total Republican representation in Georgia – which is vast.