The President gave a terrific economic speech today, proposing some new jobs-creating initiatives, one of which–a 0% capital gains tax rate for small businesses–seems a Republican dream, but was hilariously opposed on deficit cutting grounds by Senator Mitch McConnell…whose votes on a range of budget items during the Bush presidency …
Budgets
A “Public Option Compromise” That’s Not?
If the weekend is any guide, the Senate health reform bill is not likely to undergo much tweaking. Between Friday and Sunday, despite hours of debate on the Senate floor, the only amendments that passed were those from Democrats simply reiterating things the bill already calls for. One sponsored by Sen. Sheldon Whitehouse was a “sense …
A Big Setback for Health Reform?
Read this quote, from Congressional Budget Office Director Douglas Elmendorf, testifying before the Senate Budget Committee. You are going to hear it repeated often by opponents of the health reform bills that have been unveiled thus far.: