How Washington Learned to Love Hostage-Taking
January 04, 2013
How the Washington establishment learned to stop worrying and love debt-ceiling showdowns.
The Payroll Tax Emergency Is ... Over?
January 03, 2013
In 2012, President Obama told us maintaining the payroll tax cut was vital to economic growth. In 2013, he's forgotten all about it.
The House Comes Around on the Cliff. Why Am I Not Reassured?
January 02, 2013
If you’re gaming out what’s likely to happen during the next fiscal showdown a few months from now, there are two ways to interpret the legacy of the cliff episode, which ended when the House approved the McConnell-Biden compromise last night. For Democrats, the optimistic take-away is that the two parties set up a mechanism for getting deals done, which is roughly as follows: First, the White House works out a compromise with Mitch McConnell, which passes the Senate with a bipartisan super-majority. This effectively isolates the House GOP and tells John Boehner the game is up.