This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Republicans Recommend Ending Caucuses After Romney Defeat

NEW YORK ( TheStreet) -- A presidential candidate can't become his or her party's nominee without first battling through the brutal Iowa caucuses.

Yet, a report by the Republican National Committee on Monday recommended the party broaden its base by discouraging caucuses for the allocation of delegates.

The final page of the 97-page "Growth and Opportunity Project" suggests changes to shore up the lengthy nomination process, which proved a pricy hurdle for GOP presidential nominee Mitt Romney in 2012.

"The current system is a long, winding, often random road that makes little sense," the report said. "Our party needs to grow its membership, and primaries seem to be a more effective way to do so."

Interviews with many current and former Iowa Republican Party officials suggested that a switch to a primary from the caucuses isn't a welcome idea, but few appeared worried that the party would implement the change.

"The notion here, I don't think, was as much the process as it was the length of the [nomination] calendar," said John Stineman, former Iowa caucus campaign manager for Steve Forbes' 2000 race. Stineman said he's confident the report actually confirmed the national party's support of Iowa beginning the nomination process and in its traditional caucus form.

That confidence comes from a line in the report that said: "Recognizing the traditions of several states that have early nominating contests, the newly organized primaries would begin only after the 'carve-out' states have held their individual elections."

Iowa Republican Party Chairman A.J. Spiker said "carve out" states appear to be well-protected in the new report, but also said a move toward more primaries and a shorter nomination schedule could hurt the process.

"By diminishing or taking away a caucus, you run the risk of injecting too much of an uneducated primary voter and creating the potential for Super PACs to pick who the nominee of the GOP is, going forward," Spiker said. "I think the big thing, though, is a primary system that shrinks the calendar will benefit the best-funded candidate, and there will be repercussions that could be potentially harmful."
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $92.50 -0.79%
FB $118.64 0.70%
GOOG $707.18 0.82%
TSLA $212.69 0.55%
YHOO $36.86 -0.22%


Chart of I:DJI
DOW 17,646.16 -14.55 -0.08%
S&P 500 2,046.02 -4.61 -0.22%
NASDAQ 4,700.6070 -16.4870 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs