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Rah Rah Rubio!

Mock Sen. Jim Demint all you want — seriously — but he’s right that Marco Rubio is THE freshman Republican to watch in the next Congress. Young, charismatic, from an important electoral state and providing much-needed diversity and more ability to appeal to Hispanic voters, Rubio combines the experience of a conventional pol — his […]

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Cool Trade Thing of the Day.

My colleagues at the New America Foundation have made a pretty neat website to track countries that have large trade surpluses, exporting more than they import. These economies are deemed to pose a threat to the functioning of the global economy, because they subtract demand out of the world economy at a time of weak […]

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Fly Like A G-20, Sail Like The QE2.

Tomorrow, the G-20 Summit begins in Seoul, South Korea, with the leaders of the world’s most important economies gathering to discuss what they’re going to do about various problems facing the global economy; specifically, they’ll be discussing the fact that emerging markets may be growing too fast while advanced economies are barely growing at all. […]

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Chris Van Hollen Seeks Budget Committee Slot.

Yesterday, Brian Beutler broke the news that Rep. Chris Van Hollen, who chaired House Democrats’ political arm for the last two election cycles, is now in the hunt to be the top Democrat on the House Budget Committee in the next Congress. This would be a smart move for the Democrats, since their ranking member […]

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Mad About Bailouts? Blame Congress, and Yourself.

Fresh from inauguration in February 2009, President Barack Obama faced an ongoing financial crisis. Something had to be done, and after the debacle that was obtaining the initial TARP funding, he knew there was little stomach for it Congress. Matt Yglesias walks you through where he went from there in this post, and you ought […]

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Federal Preemption Coming Back to Hurt Us.

The ongoing investigation into the mortgage mess — the often-compromised document chain that passed mortgage loans from borrower, to originator, to investor, to servicer — is revealing new challenges but is also a reminder of some of the problems confronted by the Dodd-Frank financial-reform law. One of those changes is in the area of federal […]

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