The Hidden History of the Debt Limit Hijack: Democrats Started It

By: Monday August 1, 2011 1:26 pm

I have a piece in the American Prospect today on five turning points in the debt limit fight. I think they’re actually in descending order of importance, and the biggest one is right at the top – this deal is the function of horrible economic stewardship in 2009 and 2010. OBAMA AND DEMOCRATS COULD HAVE [...]

Debt Limit Negotiation Walkout Was Planned, Republicans Say

By: Friday June 24, 2011 7:35 am

The showy move by Eric Cantor Рand Jon Kyl Рto walk out of the Biden debt limit talks was a planned event, prepared for weeks as an ostentatious way to force the President into the negotiations. “There have been discussions about when these talks need to end and when the Speaker and the [...]

Conrad, Bayh Push Bush Tax Cut Extension-for-Broad Tax Reform Swap

By: Wednesday November 10, 2010 7:28 am

A day after Evan Bayh and Kent Conrad stood with Pete Peterson at the launch of his new deficit-cutting campaign, they came out with a new idea today, linking the Bush tax cuts to a broad rewrite of the federal tax code. Two top Senate Democrats floated the idea Tuesday of extending the Bush-era income-tax [...]

Progressives Look Through the Scraps of the Election

By: Wednesday November 3, 2010 9:42 am

Progressives have begun to crawl out from under their rocks and assess the 2010 elections. There’s no good way to spin them. It wasn’t about “fighting” candidates winning in swing seats or moderates keeping their seats or anything like that. Everybody lost. Everyone got whipsawed by the economy. Here’s how Justin Ruben of MoveOn put [...]

Bipartisanship: Evan Bayh Agrees That Bush Tax Cuts on the Rich Should Be Extended

By: Monday July 12, 2010 11:01 am

Ezra Klein says today that Jon Kyl has given away the Republican mindset on deficits with his statement on Fox News that tax cuts never have to be paid for, while spending increases must always include offsets. I agree. But only if you include in the term “conservative” all those who agree with this distorted [...]

Jobs Bill Slashed to Satsify Deficit Hawks

By: Thursday June 17, 2010 7:08 am

After yesterday’s crash-and-burn of the jobs bill in the Senate, Max Baucus released a new version with $20 billion in cuts, specifically designed to attract moderate Republicans and Democratic deficit scolds worried beyond all reason about short-term deficits amid a sea of joblessness and a need to increase aggregate demand. Closing in on 60 votes, [...]

Bernanke The Latest To Attack Derivatives Measure

By: Friday May 14, 2010 9:35 am

Ben Bernanke went after the swaps trading measure in the Wall Street reform bill again yesterday, joining the establishment carping that it would weaken financial stability. Paul Volcker, Sheila Bair and others have made variations of this argument in recent days. Bernanke, in a May 12 letter to Senate Banking Committee Chairman Christopher Dodd, said [...]

Bayh Advances Public Financing, Filibuster Reform

By: Sunday February 21, 2010 1:31 pm

Yes, Evan Bayh’s morose, nostalgiac op-ed does induce eye-rolling frequently, and I’ve no quarrel with Mr. Bogg’s righteous lampooning. Anyone hearkening back to the glorious yesteryear of three days after 9-11 seems more in love with collective fear than legitimate action. And congratulating the Senate for their beatific bipartisan compromise on how to administer the [...]

Ellsworth A Go For IN-Sen, But Cannot Announce Until May

By: Friday February 19, 2010 10:55 am

Brad Ellsworth has ended the coyness and announced his interest in a candidacy for the US Senate seat held by the retiring Evan Bayh. Ultimately, however, the decision is not up to him; it’s up to the Indiana Democratic Party, which can choose a replacement on the ballot because no candidate qualified for the primary. [...]

Ellsworth Reported To Run For IN-Sen; Rasmussen Poll Finds Him Well Behind

By: Thursday February 18, 2010 10:20 am

The local Courier Press-News in Evansville reports that Rep. Brad Ellsworth will be tapped to run for the US Senate by the Indiana Democratic Party, with a state Representative then taking his place on the House ballot in IN-08. U.S. Rep. Brad Ellsworth will run for Senate, and state Rep. Trent Van Haaften will seek [...]

Reid Doesn’t Have The Votes To Start His Jobs Bill

By: Thursday February 18, 2010 6:31 am

Harry Reid slimmed down the jobs bill because he didn’t want it loaded up like a Christmas tree with items unrelated to job creation. He took out $31 billion in tax extenders, some safety-net extensions which he promised in a different bill, and a variety of other pieces. What he really did was nix the [...]

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