Under Pressure

The final leg in the health reform debate marathon may seem like a distant memory. The media has been focused on financial reform, immigration reform and most recently, the oil spill in the Gulf of Mexico and the man who tried to bomb Times Square. But some recent health care news provides good reason to [...]

God Save the Queen

The Senate just went out until Monday and Washington is settling into an early start of what looks to be a quiet weekend (barring any more suspicious packages in Times Square). But on the other side of the Pond it looks like another crazy weekend as Britons sort out the results of Thursday’s elections and [...]

1,000 Words: Victory Lap Edition

Photo by Chip Somodevilla/Getty Images

Tim Pawlenty’s Budget Problem

If this recent flattering Michael Gerson column is a preview of the case for Pawlenty in 2012′s GOP presidential primary, there may be a hitch. Gerson: If the problem is deficits, Pawlenty believes he is the solution. From 1960 to 2002, state spending in Minnesota increased by an average of 21 percent every two years. [...]

Audit The Fed Opposition, Explained By A Liberal Insider

J. Bradford Delong is an economics professor at Berkeley, a co-author with Larry Summers of several papers, and a former deputy assistant Treasury secretary for economic policy from the Clinton Administration. He opposes Bernie Sanders’ amendment to audit the federal reserve, which the White House also opposes. But just barely. In a long post on [...]

Employment Numbers Better, Still Not Good Enough

As Adam notes below, some goodish news from the Bureau of Labor Statistics report released this morning: In April, nonfarm payroll employment rose by 290,000. Sizable employment gains occurred in manufacturing, professional and business services, health care, and in leisure and hospitality. Federal government employment increased due to the hiring of temporary workers for Census [...]

Morning Must Reads: Spring

Official White House photo by Pete Souza –The economy added jobs 290,00 jobs in April, the biggest jump in four years. The unemployment rate rose to 9.9 percent as the labor force swelled with people looking for work. President Obama is expected to address the report at 11 a.m. ET. –Last night in financial reform: [...]

The Machines Took Over, But Keep Saving For Retirement

Global markets, before the 9 a.m. bell, are still falling Friday, even though the humans seem to be, for the moment, back in control. Yesterday, between 2 p.m. and 3 p.m., “I think the machines just took over,” explained one trader to the Associated Press. The New York Times weighs in with this bit of [...]

An Upset Brewing in Utah?

Utah’s GOP holds its convention tomorrow, and Sen. Bob Bennett is in serious trouble. I have a Time.com piece on what’s behind Bennett’s plight here. There have been a number of stories on this topic, and many of them have pointed to Wyden-Bennett, TARP or the senator’s decision to renege on a term limits pledge [...]

Will the National Day of Prayer Hurt Obama?

Today is the National Day of Prayer, which by tradition is celebrated not with cake and balloons but with some attendant controversy. Just a few weeks ago, it looked as though the White House’s biggest problem regarding the day (first designated by Congress in 1952) was the fact that a federal judge ruled in April [...]