Ezra Klein

Ezra Klein is a staff reporter at The Washington Post. You can read his blogging here. His work has appeared in the LA Times, The Guardian, The Washington Monthly, The New Republic, Slate, and The Columbia Journalism Review. He's been a commentator on MSNBC, CNN, NPR, and more.

Recent Articles

IS THE HEALTH CARE INDUSTRY ON OBAMA'S SIDE? IS OBAMA ON THE HEALTH CARE INDUSTRY'S SIDE?

Jon Cohn is enthused . Paul Krugman is excited . Maybe I'm just churlish. Maybe I'm getting cranky as I age. But I can't shake my skepticism about today's big health care announcement. First, the announcement : At about 12:30 today, representatives from the insurance industry, the pharmaceutical industry, the American Hospital Association, the American Medical Association, Advamed, the California Hospital Association, the Greater New York Hospital Association, and SEIU will present Barack Obama with a letter promising to aid his health care reform effort by cutting health care spending by 1.5 percentage points over the next 10 years. That sounds minimal. But it actually amounts to $2 trillion in savings. The politics of this should surely cheer supporters of reform. In essence, this is the entire medical industry stepping forward and declaring themselves partners in Obama's effort. It leaves Republicans isolated. It allows the administration to credibly claim that they are working...

SNL DOES THE STRESS TESTS.

Minutes two through five of this skit sort of read like an old Celebrity Jeopardy script that they dusted off and applied to Tim Geithner and Citibank. But minute one is very good.

FROM THE ED SCHULTZ SHOW.

Lawrence O'Donnell was co-hosting, and O'Donnell wanted to talk about the problems with using budget reconciliation. And so we did. I think he's probably right about the problems of using reconciliation for health care policy, but he's underplaying its importance as a threat. It makes a bipartisan bill more, not less, likely. I make this point a bit fuzzily on the program, but think of it like this: A legislative process has two basic outcomes. Bill or no bill. The majority wants bill. The minority wants no bill. And the Senate, as an institution, is built to favor the no bill position. Reconciliation introduces a third outcome. It's a quasi-bill. No one knows what the Senate parliamentarian will leave in it. This is an outcome that, fundamentally, no one wants. It's worse for the majority than a bill they've written and worse for the minority than a bill they've killed. But it closes off the normal exit: There's no longer hope of an outcome that's good for only one side. Either you...

TAB DUMP.

• Does the world need defense spending (or at least this much of it)? • Why technology doesn't make education cheaper. • Noam Scheiber considers the stress tests. • The 1994 scenario -- on cap and trade. • This campaign is over before it began, I'd imagine. And remember, I'll be on MSNBC's Ed Schultz program at 6:35 Eastern.

THE FEDERAL RESERVE AND THE IMF AGREE.

I'd been hearing that the Federal Reserve's estimates for how much capital the banking system would need were quite a bit lower than the IMF's. More evidence that the stress tests are optimistic and that Geithner is a Wall Street stooge! But James Surowiecki digs deeper into the numbers and finds that they're actually quite close. "Unless you think the I.M.F.’s estimates are unrealistic or softballed," he concludes, "it’s simply wrong to call these results a whitewash."

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