Gop, 2012 Presidential Election | featured news

On a separate issue, Gingrich told reporters that he paid 31 percent of his 2010 income in taxes, more than double the 15 percent Romney said he pays. A Gingrich spokesman said the 31 percent was the effective federal rate on his income. Gingrich declined to criticize Romney on the tax issue, saying instead that it made the case for his own proposal to put in place an optional 15 percent flat income tax. "My goal is not to raise Mitt Romney's taxes, but to let everyone pay Romney's rate," he said.

"Super PACs" have spent about $27.5 million to influence the presidential election, a good chunk coming from an independent group supporting GOP front-runner Mitt Romney.

Former Massachusetts governor Mitt Romney told reporters on Tuesday he currently pays taxes "close to the 15% rate" and that most of his income comes from investments... His net worth is estimated to be between $190 million and $250 million, according to his personal financial disclosure report.

When Jon Huntsman announced his campaign for president last summer, he received the type of media attention that presumed he would be an immediate and formidable challenger for the Republican nomination.

Newt Gingrich said Mitt Romney raised taxes as Massachusetts governor. Romney countered he cut taxes 19 times. Both were basically right, but decidedly one-sided, in the Republican presidential debate Monday night.

Mitt Romney came under renewed assault Monday night for his business record and tactics, but in a turnabout, his rivals found themselves forced to defend their criticism and the increasingly harsh tone of the Republican presidential race.

On Monday, Mitt Romney finally got the Jon Huntsman endorsement he thought he’d long ago been promised.

A final count of votes from the 2012 Iowa Caucus may show that Republican presidential hopeful Rick Santorum actually won over rival Mitt Romney. Romney was initially declared the winner of the Iowa Caucus, beating Santorum by a razor-thin margin of eight votes. However, certification of the caucus results -- a process that began the day after the caucus and will wrap up by the end of this week -- could show that Santorum was the official winner, the Washington Examiner reports.

Former Utah Gov. Jon Huntsman will withdraw from the Republican presidential race Monday and endorse front-runner Mitt Romney, according to a senior official with the Huntsman campaign.

Jon M. Huntsman Jr. told his advisers he intends to leave the Republican presidential race, a week before he had hoped to revive his campaign in the South Carolina primary.