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A messy end to a bad farm bill

Now let’s look at last week’s farm bill procedural snafu. Last Wednesday we thought the farm bill veto would be straightforward: Congress passes the farm bill conference report and sends it to the...

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More oil supply

In May of 2007, I wrote Why are gas prices high, and what can we do about it? At the time, the national average price for a gallon of regular unleaded gasoline was $3.22. The national average price is...

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Four unpleasant options for TARP funding

Despite Secretary Geithner’s statement to the contrary, I still think the Administration is running out of room within the $700 B Troubled Assets Relief Program (TARP). In my last four posts on TARP...

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Will the stimulus come too late?

I began this blog at the end of March after the stimulus bill had become law. I had been struck by how much the stimulus debate had focused on whether the bill was efficient. (It clearly was not.)...

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Dr. Goolsbee gets it wrong on the auto loans

This morning on Fox News Sunday, host Chris Wallace moderated a discussion about the auto industry. One of his guests was Dr. Austan Goolsbee, who is a Member of President Obama’s Council of Economic...

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Understanding the House Democrats' health care bill

Yesterday I posted and described the draft Kennedy-Dodd health care bill. Today I would like to do the same for an outline produced by House Democrats. Here is a three-page outline of “Key Features of...

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More health care stumbling by Team Obama

Kim Strassel once again outshines the crowd in today’s must-read Wall Street Journal column, “How Obama Stumbled on Health Care.” All Democrats have to do is agree on something. That they can’t is...

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A health care fallback strategy, or merely a messaging shift?

The President and Speaker Pelosi have shifted their health care message for the August Congressional recess. They are no longer talking about health care reform and covering all of the uninsured. They...

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Health Care Moves

Members of the House and Senate will return to Washington the evening of Tuesday, September 8th. Over the following several days they will compare constituent feedback on health care reform. There will...

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Updating the legislative scenarios (already)

Based on yesterday’s organized leaks from the President’s staff to the press, I am updating my legislative projections one day after making them. Here are the updated projections: Cut a bipartisan deal...

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