The latest Gallup poll published Tuesday has Mitt Romney doubling his lead over incumbent Barack Obama among likely voters.
Just hours before Romney and Obama slug it out in their second debate, results from the poll showing Romney at 50% to Obama’s 46% are bound to add pressure on Obama to make a better impression.
One week ago the former Massachusetts governor took the lead over the incumbent president 49% to 47%, according to Gallup.
Romney will try for a repeat performance as Obama attempts to pull himself up in the polls with a more aggressive style at New York’s Hofstra University. Adding to Obama’s economic woes, A123 Systems Inc., a battery maker that was awarded a $249 million grant by the Obama administration went belly-up today.
“A123’s bankruptcy is yet another failure for the president’s disastrous strategy of gambling away billions of taxpayer dollars on a strategy of government-led growth that simply does not work,” said Romney spokeswoman Andrea Saul in a statement.
The town-hall debate is scheduled to begin at 9 p.m. Eastern on Tuesday, and Romney will likely use the economic meltdown of the subsidized company as a debate item to cast further doubt on Obama’s economic leadership. A123 reported losses of more than $850 million in just three years despite receiving an infusion of $249 million through a federal taxpayer grant Obama signed off on.
A123 was hurt by a $66 million recall of its product; however the biggest blow came when the company lost a bid to supply Chevrolet Volt batteries. The work went to a South Korean firm despite GMC also being bailed out by U.S. taxpayers.