What is reconciliation?
A lot of people are trying to look forward in time, attempting to predict how the health care legislative process will play out this fall. It is way too soon to make any concrete predictions – I can...
View ArticleDoing health care through reconciliation is even harder than I thought
Over the past two days I have posted about the President’s new health care reform message, the Senate reconciliation process and how it might affect this fall’s health care debate. Yesterday’s Byrd...
View ArticleResponse to the President on economic anxiety
At a Manhattan fundraiser this evening President Obama said the U.S. economy has “bounced back”: Over the last five years, our economy has recovered faster and stronger from the worst financial crisis...
View ArticleResponse to the President’s comparison to European growth rates
At that Manhattan fundraiser last night President Obama repeated one of his more frequent recent economic lines: Over the last five years, our economy has recovered faster and stronger from the worst...
View ArticleRyan v. Obama on short-term deficits
House Budget Committee Chairman Paul Ryan released his proposed budget resolution today. As I’ve done in the past I’m going to compare his proposal to the President’s budget. I’d like to include Senate...
View ArticleKill export subsidies. Kill the Ex-Im Bank.
Imagine the Chinese government decides to help the people of Kenya. To do this the Chinese government buys 5,000 wheeled loaders and excavators from Liugong Machinery and gives them for free to the...
View ArticleReturn of the low down payment zombie
Mr. Melvin Watt runs FHFA, the Federal Housing Finance Agency charged with regulating Fannie Mae and Freddie Mac. Yesterday Mr. Watt said: To increase access for creditworthy but lower-wealth...
View ArticlePresident Obama’s odd economic campaign message
President Obama’s economic campaign message is odd. Here is what he’s saying at most campaign events. “There’s almost no economic measure by which we’re not doing better than we were when I took...
View ArticleDr. Gruber’s honesty about lying
MIT Economist Dr. Jonathan Gruber, widely cited as “the architect of ObamaCare,” recently committed a Kinsley gaffe, “when a politician tells the truth – some obvious truth he isn’t supposed to say.”...
View ArticleI’m with Stupid —>
A few days ago I wrote about MIT’s Dr. Jonathan Gruber’s honesty about lying to enact ObamaCare. Today I want to focus on a different part of this quote, his reference to “the stupidity of the American...
View ArticleElmendorf for CBO
The new four year term of the Director of the Congressional Budget Office begins soon. Now that Republicans will have majorities in the House and Senate, this job is entirely their call. The President...
View ArticleResponse to OMB Director Donovan on dynamic scoring
OMB Director Shaun Donovan criticized House Republicans today for their rule change on dynamic scoring. I’ll skip the preliminaries and offer responses to his main critiques. OMB Director Shaun...
View ArticleWhat is reconciliation?
A lot of people are trying to look forward in time, attempting to predict how the health care legislative process will play out this fall. It is way too soon to make any concrete predictions – I can...
View ArticleDoing health care through reconciliation is even harder than I thought
Over the past two days I have posted about the President’s new health care reform message, the Senate reconciliation process and how it might affect this fall’s health care debate. Yesterday’s Byrd...
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