Iowa Caucus 2012: The Candidates’ Positions on the 4 Main Issues

Mitt Romney

Job Creation: Mitt Romney’s jobs plan calls for reducing the corporate income tax rate to 25%; expanding energy exploration; giving states the responsibility and funding for job retraining and cutting non-defense discretionary spending by 5%.

Housing: Romney believes the foreclosure process should run its course and hit rock bottom so that investors can buy and renovate homes and fill them with renters until a market turnaround but would consider proposals to help borrowers refinance mortgages to stay in their homes.

Tax Reform: Romney would lower the corporate tax rate to 25% and make permanent the Bush-era tax cuts, including those for the wealthy.

Government Spending: Romney would cut government spending by $500 billion in his first term by defunding Amtrak, reducing foreign aid and turning over some federal government programs to the states.

Job Creation: Mitt Romney’s jobs plan calls for reducing the corporate income tax rate to…

Mitt Romney