Jaime Fuller

Jaime Fuller is a former associate editor at The American Prospect

Recent Articles

Keystone Back From the Dead

Today's Balance Sheet: TransCanada's ready to break ground on the Keystone pipeline, and the White House just might give them the permit to do it.

After the Obama administration halted progress on the Keystone XL pipeline in January—stating that the 60-day window of time permitted by Republican legislators was too small for a thorough environmental review—those against the proposal cheered and hoped the pipeline was dead. However, it looks like Keystone is emerging from the grave after only a month, as TransCanada—the company behind the pipeline— moves ahead with plans to build the segment running from Oklahoma to Texas, sections of the pipeline that don't require a federal permit. TransCanada is also in the process of reapplying for the cross-border section of the pipeline—the section for which the administration previously denied a permit. The project now seems to have the White House's support. "Moving oil from the Midwest to the world-class, state-of-the-art refineries on the Gulf Coast will modernize our infrastructure, create jobs, and encourage American energy production," White House Press Secretary Jay Carney said in a...

States Still Fighting Obamacare

Today's Balance Sheet: Affordable Care Act implementation is running into the roadblock of Republican governors.

States have been slow to create the health-insurance exchanges mandated by the Affordable Care Act, most likely because of recalcitrant governors waiting to hear the Supreme Court's decision on whether the law is constitutional. The Urban Institute, a think tank, has found that only 14 states have made significant progress in creating the government-subsidized exchanges while 16 had made little or no progress. The study also showed that the states that have been slowest to move have the most uninsured residents. The National Governors' Association met yesterday, and discussion on the Affordable Care Act broke down along party lines. Democrats like Pat Quinn of Illinois said “It’s already working ... We’re enthusiastic advocates" while Republicans voiced their support for repealing the law. The federal government has already given states $600 million to help create the health-insurance exchanges. The Latest Nothing to Fear but the Lack of Fear Itself The Economist Risk and Riches in...

No Silver Bullet for Gas Prices

Today's Balance Sheet: No Death Star for Earth, but no low gas prices either. 

Obama has upped his campaign game on energy in the past week, while conceding there is little he can do to combat the rising gas prices before November. The president has been advocating an "all of the above" response to gas prices, including pushing more domestic oil production and stricter fuel-efficiency standards. Average gas prices reached $3.65 a gallon last week, about 12 percent higher than last year. “Four dollars per gallon has typically been the tipping point when people go from complacency to exasperation,” said pollster Geoff Garin. Republican presidential candidates have been quick to jump on the issue, especially Newt Gingrich, who has been promising $2.50 a gallon gas this week as a last-ditch effort to save his falling poll numbers. The White House was quick to pounce on its critics' claims. “There is no silver bullet. There never has been,” Obama said on the trail yesterday. “It’s the easiest thing in the world to make phony election-year promises about lower gas...

Internet Privacy: It's Complicated

Today's Balance Sheet: The White House takes on Internet behemoths.

The White House plans to release guidelines for internet companies to help them protect consumers' privacy today. However, the rules are voluntary, which means the web will likely remain an information free-for-all. The Federal Trade Commission will only police companies who agree to the administration's Consumer Privacy Bill of Rights. The only real incentive for companies to agree to the rules is to boost consumer confidence. "As the Internet evolves, consumer trust is essential for the continued growth of the digital economy,” Obama said in a statement. “For businesses to succeed online, consumers must feel secure.” Although the White House did not include the "Do Not Track" button, which stops advertisers from recording user traffic, in its guidelines, a coalition of very powerful web companies have announced support for the button. Among them is Google, whose Chrome browser should have a "Do Not Track" button by the end of the year. The Latest Debt Will Swell Under Top GOP...

Obama's Tax Code Spring Cleaning

Today's Balance Sheet: The White House vacuums out the corporate tax code. 

Obama is stealing the spotlight from Mitt Romney—who plans to announce a new economic plan on Friday —by announcing his framework for simplifying the corporate tax code. The White House is asking Congress to lower the top corporate tax rate to 28 percent, while ridding the code of any loopholes and subsidies. Manufacturers will get special breaks, in accordance with Obama's push to spur domestic manufacturing jobs, and their maximum effective tax rate would be set at 25 percent. Republicans have long argued that the U.S. has one of the steepest corporate tax rates in the world. But, while the U.S. does have a high tax rate, after factoring in all the loopholes, many U.S. businesses end up paying taxes that are even lower than businesses in other rich countries., according to the Organization for Economic Cooperation and Development. The Latest Fed’s Push on Housing Crosses a Line, Critics Say The Washington Post Watchdog Targets Overdraft Charges The Wall Street Journal Euro-Area...

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