Fireworks Erupt at GOP Presidential Debate in Iowavideo.foxnews.com
Made popular 651 days ago in Politics
foxnews.com — Eight Republicans seeking to capture the White House in 2012 attacked the current occupant -- and each other -- in a fiery debate Thursday, but the GOP front-runner, former Massachusetts Gov. Mitt Romney, though somewhat sidelined, only needed to hold his ground.

Romney comes out of the debate looking to keep his position at the top of the pack, as the candidates head into the nonbinding, but influential Iowa Straw Poll this weekend.
The race is still wide open, especially with Texas Gov. Rick Perry ready to enter the fray on Saturday.

The two candidates hailing from Minnesota led off the slugfest Thursday night.

Former Minnesota Gov. Tim Pawlenty, who is seeking to boost his flagging campaign, dismissed Minnesota Rep. Michele Bachmann in the debate, dismissing her record of accomplishments and results in Congress as "nonexistent."

"That's not going to be good enough for our candidate for president of the United States," he said. "The American people are going to expect more and demand more. And in fact we need somebody who can contrast with Barack Obama on results."

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Who won the GOP Presidential Debate in Iowa?
Ron Paul
29%
Newt Gingrich
26%
Mitt Romney
23%
Michele Bachmann
12%
Herman Cain
2%
Rick Santorum
4.1%
Tim Pawlenty
3.1%
Jon Huntsman
1%
This is not a scientific survey, click here to learn more. Results may not total 100% due to rounding and voting descrepencies.
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Posted 650 days ago
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Michele Bachmann at the debate last night, insisting that the Standard and Poors downgrade proved that she was right to oppose raising the debt ceiling:
“I think we just heard from Standard & Poor’s. When they dropped — when they dropped our credit rating, what they said is, we don’t have an ability to repay our debt. That’s what the final word was from them.

“I was proved right in my position: We should not have raised the debt ceiling. And instead, we should have cut government spending, which was not done. And then we needed to get — get our spending priorities in order.”

Unfortunately for Bachmann, Standard and Poors has now clarified that it’s actually people like her, who oppose raising the debt ceiling and aren’t mindful of the consequences of default, that were a primary reason for the downgrade:

A Standard & Poor’s director said for the first time Thursday that one reason the United States lost its triple-A credit rating was that several lawmakers expressed skepticism about the serious consequences of a credit default — a position put forth by some Republicans.

Without specifically mentioning Republicans, S&P senior director Joydeep Mukherji said the stability and effectiveness of American political institutions were undermined by the fact that “people in the political arena were even talking about a potential default,” Mukherji said.
“That a country even has such voices, albeit a minority, is something notable,” he added. “This kind of rhetoric is not common amongst AAA sovereigns.”
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