Romney Touts Business Background in Presidential Bid
August 23, 2012
Former Massachusetts governor Mitt Romney will be formally nominated next week as the Republican Party’s presidential candidate at the party's convention in Tampa, Florida.
The Republican ticket for 2012: Mitt Romney and Paul Ryan. In his bid to become the 45th President of the United States, Romney highlights his business experience.
“I understand those things, and I want to bring that understanding to make sure we can create good jobs for every American that wants a good job,” he said.
If elected, Romney says he would lower taxes, cut government spending, reduce the budget deficit and repeal President Obama’s signature health care law.
Romney made millions as a top executive with Bain Capital, one of the world's largest private investment firms. He helped rescue the 2002 Winter Olympics in Salt Lake City from financial distress and served one term as governor of Massachusetts.
Romney fell short in his first try for the Republican nomination four years ago.
But he prevailed this year over more conservative rivals Rick Santorum and Newt Gingrich and overcame doubts about his Mormon religion.
Romney now leads a party committed to defeating President Obama in November, says analyst John Fortier.
“Mitt Romney may not be the most enthusiastic candidate, but the prospect of beating Barack Obama, a person that Republicans disagree with very strongly, is a very strong motivating factor,” he said.
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