Archive

  • Food Stamps Get Licked by Cuts

    AP Images/Carolyn Caster

    This week, the Senate and House committees in charge of agriculture passed farm bills—mammoth bills that will last for five years if passed and signed—and sent them to their chamber floors. The bills handle farm policy, but the vast majority of their spending goes to a program that has proven a rich target for a Washington drunk on spending cuts—the food stamp program. The House bill would lower benefits across the board, cutting a fourth of the program’s $80 billion budget. The Senate bill would trim $4.4 billion from food stamps. Many of the cuts in both bills come from getting rid of a program that allowed states to streamline the ways they provide assistance to the poor.

  • Ringside Seat: NObamacare or Bust

    As any parent knows, small children often believe that when you've been denied something you want, repeating your request over and over will eventually produce the result you're after. It works on occasion, if the stakes are low enough, the parents are weak of will, and the child is particularly exasperating. Fortunately, this behavior usually disappears around age eight or nine.

  • Virginia Is More Moderate, But It Doesn't Help McAuliffe

    Mou-ikkai/Flickr

    Here’s the thing about Virginia gubernatorial contests: Moreso than even midterm elections, they have abysmally low turnout. From 2008 to 2009, for example, more than 46 percent of voters left the electorate, and overwhelmingly, those voters were African Americans, Latinos, and young people.

  • The Shadow Derivatives Market Lives On

    Flickr/Leader Pelosi

    Tomorrow, the public interest will take a loss and the largest banks will chalk up a win.

  • President Obama Will Not Be "Going Bulworth"

    Being president is hard, and often downright unpleasant, particularly when there are scandals, legitimate or otherwise, swirling about and distracting your attention from what you'd like to be accomplishing. I'm sure it's particularly frustrating when the opposition party is so intransigent that negotiating with them is pointless. Right now Barack Obama's presidency is at something of a low point, but nevertheless, it was a bit surprising to see this, from a New York Times story this morning: "Yet Mr. Obama also expresses exasperation. In private, he has talked longingly of 'going Bulworth,' a reference to a little-remembered 1998 Warren Beatty movie about a senator who risked it all to say what he really thought. While Mr. Beatty's character had neither the power nor the platform of a president, the metaphor highlights Mr. Obama's desire to be liberated from what he sees as the hindrances on him."

    This is not, it should be noted, a belief on the president's part that if he just gave it to 'em straight, he could transform American politics with the power of honest words. That view is alarmingly persistent among certain members of the punditry, and Obama is plainly contemptuous of it. He understand the constraints he's under, how the institutions of Washington conspire to make change difficult, and where the limits on presidential power lie. But if he really wanted to "go Bulworth," there isn't anything stopping him. What does he have to lose?

  • Damage Control!

    White House/Flickr

    In the last twenty-four hours, President Obama has gone full throttle on damage control on the three scandals that have emerged over the last week.

  • Wall Street's Regulatory Rapture

    The Balance Sheet if our daily economics newsletter. To subscribe, go here.

  • Five Voting Fights You’ll Care About Come Election Time

    AP Images/Dave Martin

    Remember last year when we all cared about voting policies? Back then, newspapers were filled with updates on different states’ legal battles over strict voter ID—the laws that require photo identification to cast a ballot. Republicans pushed the laws, ostensibly to combat fraud, but Democrats and voting-rights advocates argued that the actual goal was to suppress likely Democratic voters, since poor and nonwhite communities disproportionately lack ID. With Republicans controlling an unprecedented number of state legislatures in the wake of the 2010 Tea Party wave, voter-ID bills began popping up across the country in 2011 and 2012. Similar battles emerged when some states tried to remove names from voter rolls too close to an election.

  • Benghazi Was Neither a Terrorist Attack Nor an Act of Terror

    Pinocchios for everyone! (Vladimir Menkov/Wikimedia Commons)

    I am hereby declaring 99 Pinocchios on Barack Obama, all the people who work for him, everyone in the Republican party, and most everyone in the press who has reported on Benghazi.

    This is about what has to be one of the most inane disagreements in the history of American politics, the argument about whether Obama called the Benghazi attack an "act of terror" or a "terrorist attack." Incredibly, people are still bickering over this. The other day Darrell Issa expressed his outrage that Obama had, in his diabolical attempt to cover up the incident, used the phrase "act of terror," which, let's be honest, is almost like saying, "Way to go, al Qaeda!", instead of using the far, far, far more condemnatory phrase "terrorist attack." It's like the difference between saying "steaming pile of bullshit" when you ought to say "steaming bullshit pile"—anyone who can't tell the difference between the two obviously can't be trusted to run the country. Then the ordinarily reasonable Glenn Kessler, the Washington Post's fact-checker, sternly judged Obama to be guilty of a Four Pinnochio whopper, because at his last press conference he said, "The day after it happened, I acknowledged that this was an act of terrorism," when in fact he didn't say "act of terrorism but just "act of terror." Facts? Checked.

    But here's what nobody seems to get: Benghazi was not a terrorist act. Or an act of terror. Or an act of terrorism.

  • Ringside Seat: Yeah, Functioning Government!

    Just this evening, the Senate voted to confirm Marilyn Tavenner as head of the Centers for Medicare and Medicaid Services. Of the many appointed positions in the federal government, this one doesn’t sound exciting. And it isn’t. But it is important. As head of CMS, Tavenner will be responsible for overseeing both programs and implementing large parts of the Affordable Care Act, President Obama’s health care reform law.

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