2012 Presidential Election | featured news

Bowing to the inevitable, Rick Santorum quit the presidential campaign Tuesday, clearing the way for Mitt Romney to claim the Republican nomination. Santorum, appearing with his wife and family in his home state of Pennsylvania, told supporters the race for him was over, but the fight to defeat President Barack Obama would go on.

One candidate is worth up to $250 million, ran a private equity firm and plans to build an elevator for the cars at his beach house. The other is the former head of the Harvard Law Review who became a best-selling author and millionaire and now lives in the world's most famous mansion - 1600 Pennsylvania Ave.

Tim Stanley says Mitt Romney may be exactly the kind of candidate the Republicans need in 2012

A leading House Republican said Tuesday he hasn't had a discussion with Republican presidential front-runner Mitt Romney about taking the No. 2 spot on the ticket this fall. Wisconsin's Congressman Paul Ryan said the subject hasn't come up, but said he enjoys working with the former Massachusetts governor, whom he has endorsed.

Earlier today, I linked to a Goldman Sachs research note arguing that the most fiscally conservative outcome in the 2012 election would be an Obama victory and Republican control of Congress. But their analysis was limited to deficit reduction.

Former Massachusetts governor Mitt Romney (R) has yet to clinch the Republican presidential nomination, but that hasn’t stopped the vice-presidential speculation from already kicking into overdrive. Will it be Sen. Marco Rubio (R-Fla.)? Sen. Rob Portman (R-Ohio)? House Budget Committee Chairman Paul Ryan (R-Wis.)?

A Paul third-party candidacy would, barring some sort of unforeseen dynamic, likely hand President Obama a second term. Former Massachusetts governor Mitt Romney and his campaign team understand the power that Paul could wield and have gone out of their way to befriend him — and avoid alienating his supporters.

Amid a growing perception that Mitt Romney will be the party’s nominee, the biggest of the Republican “super PACs” is set to begin its first major anti-Obama advertising campaign.

Republican presidential candidate Newt Gingrich says he's being realistic when he says Mitt Romney is "far and away the most likely" GOP nominee, but Gingrich isn't ready to drop out.

President Barack Obama is embracing an unlikely group of political icons as he tries to paint Mitt Romney as extreme: He's praising Republican presidents from Abraham Lincoln to Dwight Eisenhower and Ronald Reagan....