Moody’s Mark Zandi has done a macroeconomic analysis (subscription required) comparing a baseline scenario for 2011 with the Obama-McConnell tax compromise scenario to figure out the impact of the compromise on unemployment and the GDP.
For the baseline, Zandi tried to describe a consensus approach: Bush-era tax cuts extended under …
Two Democratic constituencies are likely to end the day disappointed: Hispanics and gays. This afternoon Senate Majority Leader Harry Reid will try and move to the DREAM Act, which would grant a path to citizenship to millions of illegal children who are getting college degrees or serving in the armed forces. After that he will attempt …
The last governor’s race: Democrat Mark Dayton is now Minnesota’s governor-elect. Tom Emmer conceded and called off the recount this morning. That puts the total number of governorships Republicans will control in the coming crucial redistricting year at 29 (Democrats plus independent Lincoln Chaffee will have the rest), and means …
A report from our colleague Elizabeth Dias:
It’s not often that the National Association of Evangelicals and the United States Council of Catholic Bishops hold a joint press conference. But Tuesday afternoon they came together to tell Congress to ratify the New START Treaty.
This united voice for New START reveals …
President Obama makes a point during a news conference in the Brady Press Room of the White House in Washington, December 7, 2010. (REUTERS/Larry Downing)
–David Leonhardt explains why the tax cuts deal is a stimulus Trojan Horse.
Mark Zandi, chief economist for Moody’s Analytics, predicted that the
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