GOP Debate Opens on Financial Policy

The Republican presidential hopefuls opened up Saturday night’s debate in Iowa by discussing financial policy. Newt Gingrich—who had all eyes on him—opened by crediting Ronald Reagan and vowed to “abolish the death tax permanently.” Rick Perry got an early shot in against Wall Street, saying he could “diagram on a map the problem we’ve got in America today—it’s a direct line between Washington and Wall Street.” And Michele Bachmann established herself as being different by taking a stance against the payroll tax extension.