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Posted: Thursday, January 12, 2012 - 4:40pm

Romney Takes Early Lead in 'Bain Primary'

Next up: The Bain Primary.

After Mitt Romney's historic sweep of Iowa and New Hampshire, the GOP presidential contest now centers on this question: Will establishment Republicans and Romney backers convince his rivals to stop criticizing the former Massachusetts governor's work at Bain Capital?

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Posted: Thursday, January 12, 2012 - 4:40pm

Romney Defends Bain Record in South Carolina

GREENVILLE, S.C. – Hoping to mitigate the fallout from a sustained attack on his record as a venture capitalist, Republican presidential front-runner Mitt Romney went on the offensive in South Carolina on Thursday with a detailed description of the jobs he says he helped create while running Bain Capital.

Posted: Thursday, January 12, 2012 - 4:40pm

The Conventional Wisdom About South Carolina is Wrong

The idea that South Carolina provides fertile ground for conservative insurgents in Republlican presidential primaries simply isn't born out by the facts.

Posted: Thursday, January 12, 2012 - 4:40pm

Rep. Jerry Lewis to Retire

Seventy-seven-year-old Rep. Jerry Lewis, R-Calif., announced that he will retire at the end of his current term on Thursday, bringing the number of Republicans retiring from the House outright this cycle to five. National Journal's Shane Goldmacher:

Posted: Thursday, January 12, 2012 - 2:40pm

Saying Goodbye: Change in the 112th Congress

Not every representative and senator who is sworn in at the beginning of a Congress is around for the end of their terms. Some step down for other jobs or in the wake of scandal, and a few, sadly, prove all too mortal. Others may stay until the end of their terms, but don't plan on seeking reelection out of a desire to retire from politics or to seek other elective positions.

Posted: Thursday, January 12, 2012 - 2:40pm

Lewis Third California Republican to Retire in a Week

Rep. Jerry Lewis, R-Calif., announced on Thursday his retirement after more than three decades in Congress.

“I will not seek reelection to the Congress in 2012. After months of consultation with loved ones and family, my wife Arlene and I have decided to retire from public life," Lewis said in a statement.

Posted: Thursday, January 12, 2012 - 2:40pm

Poll Finds Voters Want Mortgage-Interest Deduction Untouched

A new study shows voters overwhelmingly opposed to changes in the mortgage-interest income tax deduction — an idea that’s been widely discussed as Washington seeks to tame the national debt.

According to the survey sponsored by the National Association of Homebuilders that was released on Tuesday, 73 percent of voters oppose eliminating the mortgage-interest deduction. Broken down by party, 77 percent of Republicans, 71 percent of Democrats, and 71 percent of independents shared that belief.

Posted: Thursday, January 12, 2012 - 2:40pm

Chamber Holds Out Fig Leaf To SOPA Critics

The Chamber of Commerce, which is leading a broad coalition pushing for legislation that would crack down on piracy and counterfeiting on foreign websites, pledged Thursday to work with critics of such measures who argue that they will stifle free speech, innovation and could harm the Internet.

Posted: Thursday, January 12, 2012 - 2:40pm

Donohue Vows To Spend Record Cash on '12 Elections

U.S. Chamber of Commerce president Tom Donohue on Thursday promised that the Chamber will mount "the most aggressive grassroots mobilization and voter education program in our history" ahead of this year's elections and vowed to spend more money than ever to support free market policies and candidates. 
"We passionately believe that it's time to stop apologizing for the one thing in our society that really works - American free enterprise," Donohue said in a speech Thursday.

Posted: Thursday, January 12, 2012 - 2:40pm