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IS CONGRESS TURNING TOWARDS SOCIAL SECURITY REFORM?

Steny Hoyer, it seems, is making some noises about Social Security reform. Good luck with that, I guess. The interesting nugget in the article, however, is that “House and Senate leaders have resisted the idea of naming a special commission to work on the problem, insisting that congressional committees can handle it.” Hoyer is, of […]

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FORMING A UNION: THE VIDEO.

The folks over at the Center for American progress Action Center put together a nice video explaining the how the “election” process that unions have to go through makes it nearly impossible to form a union. Particularly important is that this election doesn’t look anything like what people think of when they hear the word […]

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EXCLUSIVE: MAX BAUCUS’S HEALTH CARE TEAM.

I mentioned yesterday that Chuck Schumer’s public plan compromise wasn’t a freelance effort: Max Baucus had deputized him to work through the options on the public plan. But he’s not the only Finance Committee member that received some homework from Baucus. In fact, Baucus has given every Democrat on the committee a different piece of […]

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DOING NOTHING ON CLIMATE CHANGE IS EXPENSIVE.

My new employers sure seem to spend a lot of time publishing columnists who are critical of climate science and then publishing op-eds and arguments that essentially trash the take of the original columns. The latest example comes in response to a frustrating effort by Robert Samuelson that took issue with the uncertainty in the […]

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THE LIBERAL CRITIQUE OF WYDEN-BENNETT (WONKY).

I’m on the record in my admiration for the Wyden-Bennett health reform plan. I think it’s better than what Barack Obama offered during the campaign and better than what we’re likely to get come the end of this process. I explain why here. But the Wyden-Bennett plan tends to be very popular among people who […]

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REID GETS TOUGH ON SPECTER.

On Meet the Press last weekend, David Gregory asked what “inducements” Arlen Specter had been given to switch parties. “None,” replied Specter. “None?” asked, incredulously. “None,” Specter replied. Gregory still didn’t believe him. “You won’t retain your seniority, as you move over, on, on key committees?” Oh. “That’s an entitlement,” said Specter. “I’ve earned the […]

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BANK OF AMERICA: PRETTY STRESSED OUT.

A couple days ago, we were hearing leaks from “people familiar with the matter” who said that the stress test’s “preliminary findings have revealed that Citi, which has already been bailed out three times by the authorities, could need an extra $10bn or more if the economy worsens. BofA, which has had $45bn in government […]

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DETROIT IS NOT TOO BIG TO FAIL. POOR THEM.

Harold Meyerson’s Post column notes one of the more galling policy contrasts going today: The difference between the auto and banking bailouts. As Harold says, the auto bailout “gives the public a stake in the company in return for its loans…scraps the old management and board of directors, and downsizes the company to a point […]

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IN PRAISE OF SOTOMAYOR.

I don’t have a particular opinion on Sonia Sotomayor, the Second Circuit Court judge who has emerged as an early frontrunner — and an early point of controversy — for David Souter’s replacement. But having mentioned Jeffrey Rosen’s article quoting anonymous associates of Sotomayor who oppose her nomination and question her intellectual capacity, it’s also […]

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