Budgets

Barack Obama Drops New Budget, Prepares For Battles To Come

Another budget drop, another round on the Tilt-A-Whirl of political spin. On CNBC this morning, New Hampshire Republican Sen. Judd Gregg did not hold back. “I think it was Einstein who said that the definition of insanity was doing the wrong thing over and over again and expecting change,” says Gregg, who almost became Obama’s Commerce …

UPDATE: Health Reform and the States

As Karen noted earlier today, she and I have a story in this week’s magazine about how much states will be on the hook if and when federal health reform passes.

The impetus for the story was, in part, the growing number of governors across the country publicly slamming the idea of expanding insurance coverage to millions of …

An Update on the Senate Health Reform Debate

The Senate health reform bill is in a procedural holding pattern right now. Even though the body will be in session over the weekend, Majority Leader Harry Reid has put off votes on the bill while he waits for the Congressional Budget Office to evaluate a new Democratic proposal that could strip the public option out of the bill. In my

A Jobs Speech with Elbows

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 …

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 …

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