Lloyd Blankfein and Jamie Dimon Herald the Coming of the “Certainty Pixies”

By: Tuesday October 9, 2012 9:53 am

Expect the magic of the certainty pixies to be evoked often during the lame duck session to justify adopting policy that the American electorate opposes.

White House, Democrats Still Have No Health Care Plan B for Supreme Court Decision

By: Monday June 18, 2012 8:59 am

Even though there is a very good chance the Supreme Court could rule against some or all of the Affordable Care Act, the Obama administration seems to have done nothing to prepare Democrats in Congress for this eventuality, according to Politico. Congressional Democrats who wrote Barack Obama’s health care plan into law say they’re getting virtually [...]

ACA’s Much Touted Health Insurance Premium Review Is Basically Useless

By: Wednesday May 9, 2012 7:36 am

In the Affordable Care Act the Department of Health and Human Services (HHS) was given the power to review health insurance premium increases, but it wasn’t given the power to actually do anything about unreasonable increases.  HHS can only say an increase is “unreasonable,” but it has zero regulatory power to force the companies to [...]

Good Bye and Good Riddance to Big Bipartisan Deals

By: Monday January 30, 2012 12:53 pm

On the front of Politico is an article about how the big bipartisan deals that used to be relatively common in Congress now appear to be a thing of the past. From Politico: Call it the Split the Difference Scenario — a dream of Washington at its civic-minded best that has flourished for decades, even [...]

GOP has nothing to Fear from Abusing the Filibuster

By: Thursday December 8, 2011 12:02 pm

Senate Democrats apparently are trying to scare Republicans into not filibustering every single thing, by threatening to filibuster everything the GOP tries to do if the GOP regains power. From Politico: The White House and Senate Democrats are issuing a blunt warning to Minority Leader Mitch McConnell and his fellow Republicans: You live by the filibuster, [...]

There Are No Deficit Hawks – Part 30,354

By: Thursday December 1, 2011 8:26 am

In case you weren’t paying attention during the debate about the extension of the Bush tax cuts last year, members of Congress are again working on a deal to clearly show there is no such thing as a deficit hawk. From Politico: House Majority Leader Eric Cantor is quietly working both sides of the Capitol to [...]

Super Committee Appears Headed Towards No Deal

By: Thursday November 17, 2011 11:53 am

There are increasing signs that the Super Committee won’t reach a deal. This is great news, because no deal means no cuts to Medicare and Social Security, and presumably less likelihood that we will implement dramatically more destructive austerity in the middle of an economic downturn. Reports coming out indicate that the individuals involved are [...]

Super Committee Dems Again Offer to Cut Medicare Benefits

By: Thursday November 10, 2011 9:55 am

The Democrats on the Super Committee, in their efforts to reach an deal with Republicans, have offered a new deficit reduction package and just like their last offer this one also contains cuts to Medicare benefits. From Politico: Supercommittee Democrats quietly floated details late Wednesday of a $2.3 trillion tax-and-cut proposal that includes $400 billion [...]

Super Committee Going After Your Social Security? That Was the Point

By: Tuesday November 1, 2011 9:27 am

It was clear from the inception of the deficit reduction Super Committee that it was designed for the purpose of cutting entitlements, especially Social Security benefits. The Super Committee proposal was given the same protection from a filibuster as debate on a reconciliation bill, but the Super Committee proposal is not subject to the same [...]

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