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The Debtor's Dance: the U.S.-China Exchange

Obama's opening speech set the stakes: "The relationship between the United States and China will shape the 21st century, which makes it as important as any bilateral relationship in the world." (emphasis added) The U.S., the world's largest debtor, met this...

Making It In America

Washington's special genius is for gridlock. As we're seeing in the health care debate, the entire system is designed to frustrate action — even when Democrats have a popular president, 60 votes in the Senate and a large majority in the House. Moneyed interests trump...

How the Right Works: Pay for Principles

Some stories don't really require elaboration. This from Politico's Playbook this a.m. The American Conservative Union asked FedEx for a check for $2 million to $3 million in return for the group’s endorsement in a bitter legislative dispute, then flipped and sided...

Symbolic Blather: Washington's Congenital Disease

This Congress potentially could be the most productive in over 40 years. It has passed the largest recovery plan in the nation's history. It extended health care to millions of children. It passed Obama's first budget with its significant down payment on education and...

Gut-Check Time on Shackling Wall Street

The administration has rolled out its financial reform plan, which the president accurately calls the "the boldest set of reforms in financial regulation in 75 years." Rep. Barney Frank, the chair of the House Banking Committee, promises to act rapidly, hoping to pass...

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