Reid: Senate Rules Reform Proponents Were Right

By: Friday May 11, 2012 8:15 am

Yesterday the Senate wanted to take up and quickly pass a reauthorization of the Export-Import Bank. After some maneuvering, the bill passed the House with over 330 votes, a rare sight these days. So you would think that nothing would go wrong over in the Senate. You would be wrong. That’s because the objection of [...]

Congress Returns to Cut Safety Net Spending to Save Defense Contractors

By: Monday May 7, 2012 7:34 am

Like me, Congress was out of town last week. I guess the main difference is that they get 20 or so of these a year and I get one, but no matter. Today, at least, we start from the same position. And so what do they have planned for the next few days? Well, in [...]

Business Groups at End of Their Tether With Tea Party Resistance

By: Tuesday April 3, 2012 12:57 pm

I stand by the opinion – backed up by decades of evidence – that we’re in the midst of an inexorable shift to the right in our politics. But sometimes, that shift really defies any conception of ideology at all. It really is the case that conservatives often knee-jerk oppose absolutely anything the opposition supports. [...]

Reid Pulls JOBS Act Bill After Amendments Fail

By: Tuesday March 20, 2012 3:48 pm

The Senate plan for the JOBS Act today, a financial deregulation bill that would weaken investor protections with no economic benefit, was for three cloture votes – an amendment to add investor protections to the bill, an amendment to attach a reauthorization of the Export-Import Bank to the bill, and, if those failed, a cloture [...]

Leading Dem Senators Want to Add Investor Protections to JOBS Act

By: Friday March 16, 2012 9:35 am

It appears a few Democrats have finally gotten around to reading the JOBS Act, the financial industry deregulation bill that would bring back penny-stock scams and remove investor protections. Multiple Democrats in the Senate have proposed changes to the legislation, which breezed through the House with ample Democratic support. “We can dial back this excessive [...]

JOBS Act Financial Deregulation Bill Could Get Tripped Up by Unrelated Measure

By: Thursday March 15, 2012 12:18 pm

Overlooked in the mockery of the GOP House taking some innocuous-seeming bills about small business capital formation and wrapping them up into a package to call them the JOBS Act is that the underlying bills themselves are really not good at all. It’s an effort to exempt a bunch of companies from reporting requirements and [...]

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