Durbin Undercutting Democratic Message on Medicare

By: David Dayen Monday May 16, 2011 9:52 am

The Senate plans a floor vote on the Ryan budget at some undisclosed point. Initially the thought was it would come up this week, but now that has been pushed back to “sometime this month.” There are only two weeks left before the Memorial Day break, so that doesn’t leave much time. It would be [...]

Bair, Bernanke Ready to Move on Swipe Fee Rule, Despite Objections

By: David Dayen Friday May 13, 2011 12:58 pm

A couple weeks ago, we saw the enormous lobby culture massing around swipe fees, the relatively obscure issue that determines where billions of dollars go between banks and retailers. The important thing to start with is that this was already determined through a public process. Last year, Congress held a vote, Dick Durbin got over [...]

HuffPo Expose on Swipe Fees Blows the Lid off Lobby Culture in DC

By: David Dayen Thursday April 28, 2011 8:45 am

There’s a conceit that Congress is where public servants go to improve the quality of American life. OK, nobody has that conceit anymore. But surely many believe Congress has a set of priorities other than what Zach Carter and Ryan Grim describe in a spectacular piece today, which is as a mediator between competing corporate [...]

DREAM Students Avoiding Deportation From ICE

By: David Dayen Wednesday April 27, 2011 10:00 am

This story from the NYT suggests that the White House responded favorably to a request from Senate Democrats to stop the deportations of DREAM-eligible students and focus ICE resources on other undocumented immigrants. Olga Zanella, a Mexican-born college student in Texas, should have started months ago trying to figure out how she could make a [...]

Gang of Six Won’t Include “Significant” Tax Hikes

By: David Dayen Thursday April 21, 2011 1:59 pm

I’m a bit disinterested in reading the tea leaves of the Gang of Six, mainly because I think that reading the roster of the six members is enough: Durbin, Conrad, Warner, Chambliss, Crapo, Coburn. Four of them voted for the Bowles-Simpson cat food plan, and the other two put together the gang specifically to put [...]

Obama Reaffirms Desire to Lift Social Security Payroll Cap

By: David Dayen Tuesday April 19, 2011 10:28 am

The President held a town hall meeting in Annandale, Virginia, and these are usually events that serve as a conduit for a message that the President wants to get out. Therefore, it’s worth paying attention to his entire answer about Social Security: Q Hi, Mr. President. My name is Vinita Griffin (ph). I’m a late [...]

What If the VP Held a Deficit Meeting and Nobody Came?

By: David Dayen Tuesday April 19, 2011 8:00 am

Late yesterday, the White House announced that Vice President Biden would convene a meeting at Blair House on May 5 on fiscal policy. Biden “will lead a bipartisan, bicameral group to begin work on a legislative framework for comprehensive deficit reduction.” There’s only one problem: Republican leaders have not agreed to this meeting. Both Nancy [...]

Georgia Legislature Passes Anti-Immigrant Bill Similar to Arizona’s

By: David Dayen Friday April 15, 2011 8:20 am

Georgia has followed Arizona and become the second state to pass an anti-immigration law which would empower law enforcement to check the immigration status of anyone they suspect of a crime, which could be applied even for something as trivial as a traffic violation. The bill, HB 87, would also force businesses to do the [...]

Durbin Supports Authorization Vote for Libyan Operation

By: David Dayen Wednesday March 23, 2011 11:40 am

Senator Dick Durbin (D-IL), a member of the Senate leadership, said today that he supported the call for a vote authorizing military action in Libya, consistent with the War Powers Act. “Under the War Powers Act, any Senator can call this question,” said Durbin on a conference call. “I supported that (during Gulf War I), [...]

Senators Try to Roll Bank Interchange Fee Limits

By: David Dayen Wednesday March 16, 2011 8:40 am

Maybe the most surprising amendment to pass in the Dodd-Frank financial regulatory reform bill was Dick Durbin’s interchange fee amendment. The banks had collected this exorbitant fee for a long time, even on debit cards, where the transaction costs were almost nil. But Durbin somehow won the amendment on the floor of the Senate. There [...]

Biden, Supposed to Be Lead Negotiator on Continuing Resolution, Headed to Europe for a Week

By: David Dayen Sunday March 6, 2011 9:03 am

Good thing the White House is taking the imminent government shutdown so seriously. President Obama designated Joe Biden as his lead negotiator with Congress on a long-term plan to set spending for the rest of the year. They had a meeting Thursday, and I’m not certain they followed up on Friday. And now, Biden’s headed [...]

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