Last week Scott offered a great defense of the Voting Rights Act, arguing that Section Five—a clause that requires southern states to receive preclearance before changing any voting procedures—is a necessary correction to the limits of the Fifteenth Amendment. That provision was recently overturned by the D.C. Circuit, setting up a hearing in the Supreme Court that could possibly strike down the landmark civil rights legislation. Given the recent conservative tilt of the Supreme Court, some legal experts are predicting that the circuit court's decision will be upheld, with the majority arguing that the act was crafted during circumstances no longer relevant to the political climate.
For a moment last fall, it looked as if the last-minute debt-ceiling deal was all for nothing. Democrats had caved to Republicans’ demands to cut spending in order to keep the government funded. But Standard and Poor’s decided that the brinkmanship displayed by John Boehner and Republicans reflected poorly on the country’s ability to pay its bills, and decided to lower the U.S.’s credit rating anyway from AAA to AA+. Luckily, that decision was taken more as a reflection of the rating agency than a proper assessment of the country’s credit-worthiness. The U.S. continues to sell Treasury bonds at record low interest rates, a sign that investor confidence hasn’t been shaken.
Congress is deadlocked on a host of issues that will need to be solved before the end of the year lest the country plunge off a fiscal cliff at the start of 2013. If no action is taken, all of the Bush tax cuts will expire, the payroll tax will return to higher rates, and the full-sequester spending cuts will go into effect, with the debt ceiling hitting its limit shortly thereafter. Estimates from the Congressional Budget Office released early this week paint a horror story for the start of 2013, with the economy contracting by 1.3 percent.
Perhaps Newt Gingrich's presidential campaign wasn't meaningless after all. During the Florida primary, I tracked Gingrich and his ludicrousproposals to overhaul the entire federal government so quickly upon taking office that he would barely have time to change into a tux for the inauguration parties. His extensive list of promises for day one was absurd, yet it seems to have influenced Mitt Romney. Romney's first general-election ad was titled "Day One," and now the Republican nominee revisits the same idea in a new ad, unimaginatively called "Day One, Part Two."
Marco Rubio spent much of the past year denying his ambitions to attain higher office. He would shoot down reporters every time they questioned his desire to join the 2012 Republican ticket as vice president, claiming his intent was solely to learn the ins and outs of the Senate. "I don't want to be the vice president right now, or maybe ever. I really want to do a good job in the Senate," he said in an interview last month.
But now that the veepstakes has kicked, off Rubio's adopted a far different tone. From a speech in D.C. yesterday: