Barack Obama and Mitt Romney's stances on health insurance mandates stand as one of the great ironies of the 2012 presidential race. At various points both have opposed the mandate and both have advocated for the idea, successfully forcing the measure into legislation. The only problem is that they have evolved in opposite directions.
It’s not in Wisconsin, where the recall of Governor Scott Walker can have only two possible outcomes. It’s in California, where Democratic Senator Dianne Feinstein—long the most popular pol in the state—is facing a large field of non-entities as she campaigns for re-election, and where the challenger who may well emerge from the pack to take her on is California’s leading birther: Republican dentist Orly Taitz.
Twenty-three candidates are vying to take on Feinstein in November, and not one is remotely serious, even if we define seriousness down to having the capacity to raise just a million dollars in America’s most costly state, and to being known as at least a modestly reputable person to 10 percent of the electorate.
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.
A new paper shows that state capitals located in less-populated areas are more likely to breed corruption. The paper, authored by Filipe R. Campante of Harvard University's John F. Kennedy School of Government and Quoc-Anh Doh of Singapore Management University, tested what seems to be a logical idea: when lawmakers are more out of sight, they can get into more trouble. Turns out that in this case, the logical idea is the right one.
ATHENS—To hear the leaders of the European austerity party and a lot of commentators tell it, the upcoming Greek election will be a “referendum” between keeping Greece’s austerity commitments and staying in the Eurozone—or recklessly walking away. A vote for a centrist coalition, supposedly, is a vote for staying in; a vote for the left is a vote for throwing caution to the winds and destroying Greece.
But viewed from Greece, that framing is totally wrong.
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:
Polls remain essentially tied between Barack Obama and Mitt Romney as the campaign heads into the pre-convention summer slog. That gives pundits plenty of time to chew over various scenarios for how each candidate could reconfigure their campaigns before the general election. The veepstakes is already the dominant story on Romney's side, but some have also begun speculating about Obama's running mate.
ATHENS—The European austerity caucus led by German Chancellor Angela Merkel is coming apart, but Germany retains the power to block the newly forming coalition for growth as a solution to the eurozone crisis. Tonight’s summit dinner in Brussels is unlikely to produce a breakthrough.
But what a difference an election makes. Since Francois Hollande was elected President of France less than three weeks ago, leaders that had been bullied into siding with the Germans are breaking loose.
Once the law is fully implemented, health care exchanges will be the part of the Affordable Care Act we likely notice most. The exchanges were designed to turn health insurance into something approximating a real market—unlike the current system which creates a myriad of blocks that prevent the consumers from purchasing health insurance as they would any good, forcing families to either receive insurance through their employer, pay exorbitant costs for individual, or go without any coverage. The exchanges—along with subsidies for low and middle-income Americans—will ease that burden, allowing consumers to select a plan from a central hub without worrying about pre-existing conditions affecting their coverage.
Libertarian presidential candidate Gary Johnson is out with his first campaign ad today, and it's about as bizarre as you would expect.
The ad is reminiscent of Herman Cain's avant-garde commercials (even nabbing the same "any questions" tagline), though thankfully Johnson reserves his destruction for fruit and leaves any innocent animals alone.
Maybe Republicans aren't so opposed to health care reform after all. After grandstanding against the Affordable Care Act for the past few years, Republicans aren't ready to let the entire bill die should the Supreme Court overturn the law later this summer. Congressional Republicans are crafting a contingency plan to reinstate some of the popular elements of the bill in that scenario, according to Politico. It's a clear indication that the GOP has learned the same lesson as Democrats: while the all-encompassing idea of Obamacare may fair poorly in the polls, voters typically support individual elements of the bill.
