It may look like a lousy deal for Republicans, but it isn't that bad.
Mitch McConnell's sudden and shocking "contingency plan" to allow President Obama to raise the debt ceiling is getting pilloried by most conservatives and praised by liberals like the Washington Post's Ezra Klein. Most people want to know--and not just because the plan is incredibly confusing--what is he thinking? McConnell is offering to let Democrats raise the debt ceiling without demanding any policy concessions at all. Instead, his plan would impose political pain on Democrats, forcing them into a series of unpalatable votes to raise the debt limit.
Here's one reason why conservatives should be a little more favorably inclined toward McConnell: if you take him at his word that this is a last-ditch plan, and ponder the alternatives, it's actually not such a bad option. McConnell is nothing if not a realist. He knows Democrats won't sign off on a debt-reduction deal that doesn't raise revenue** and so he has to think ahead to what's likely to happen. Well, what's likely to happen is that at some point in the coming weeks, the financial markets will freak out--and most Americans will too. This is referred to on the Hill as the "TARP scenario," meaning a replay of the stock-market collapse that followed the House's rejection of the first TARP bill in the fall of 2008. The great fear among some conservatives is that a replay of the TARP scenario would allow President Obama to assume the role of "adult"--he's been laying the groundwork, if you haven't noticed--and demand a "clean" debt-ceiling vote that the suddenly alarmed public would support. The vote would likely succeed. And conservatives will have lost all their leverage and been vilified to boot.
Lousy option, right? McConnell's plan, bitter though it may be to true-believing Tea Partiers, lays down an alternative that, in the event of a TARP scenario, would leave Republicans in much better stead. It wouldn't do anything to reduce the deficit, but by forcing incumbent Democrats to cast unpopular votes it could very well improve the Republicans' chances of winning back the Senate next year--which happens to be the very thing that Mitch McConnell covets most. And if you're a conservative, and you're being honest with yourself, that's not such a bad consolation prize.
**I actually don't agree with this and if sufficiently motivated/caffeinated will explain why tomorrow
The president’s attempt to intimidate James Comey didn’t merely backfire—it may also embolden hostile regimes to conclude his other threats are equally empty.
This is a first for the Trump presidency: the first formal presidential retraction of a presidential untruth.
President Trump tweeted a warning to James Comey: The fired FBI director had better hope that no “tapes” existed that could contradict his account of what happened between the two men. Trump has now confessed that he had no basis for this warning. There were no such tapes, and the president knew it all along.
The tweet was intended to intimidate. It failed, spectacularly: Instead of silencing Comey, it set in motion the special counsel investigation that now haunts Donald Trump’s waking imagination.
But the failed intimidation does have important real world consequences.
First, it confirms America’s adversaries in their intensifying suspicion that the president’s tough words are hollow talk. The rulers of North Korea will remember the menacing April 4 statement from the Department of State that the United States had spoken enough about missile tests, implying that decisive actions lay ahead—and the lack of actions and deluge of further statements that actually followed.
Why Millennials aren’t buying cars or houses, and what that means for the economy
In 2009, Ford brought its new supermini, the Fiesta, over from Europe in a brave attempt to attract the attention of young Americans. It passed out 100 of the cars to influential bloggers for a free six-month test-drive, with just one condition: document your experience online, whether you love the Fiesta or hate it.
Young bloggers loved the car. Young drivers? Not so much. After a brief burst of excitement, in which Ford sold more than 90,000 units over 18 months, Fiesta sales plummeted. As of April 2012, they were down 30 percent from 2011.
Don’t blame Ford. The company is trying to solve a puzzle that’s bewildering every automaker in America: How do you sell cars to Millennials (a k a Generation Y)? The fact is, today’s young people simply don’t drive like their predecessors did. In 2010, adults between the ages of 21 and 34 bought just 27 percent of all new vehicles sold in America, down from the peak of 38 percent in 1985. Miles driven are down, too. Even the proportion of teenagers with a license fell, by 28 percent, between 1998 and 2008.
The former president issued a warning about the Republican plan to replace his signature health-care law. The Senate is planning to vote on it as early as next week.
On Thursday, Senate Republicans released a draft version of their Obamacare replacement, the American Health Care Act. The bill looks similar to the version passed by the House in May, and would accomplish much of the same: a large increase in the number of uninsured people and drastic cuts to the Medicaid program that is critical for poor people, pregnant women, children, and people with chronic health conditions.
In the aftermath of the release of that bill, which Senate Majority Leader Mitch McConnell hopes will pass the Senate in the next two weeks, former President Barack Obama issued a rare full-throated post-presidential statement criticizing the AHCA and the political process by which it came to be. The statement, posted to Facebook, comes on the heels of another statement in March defending Obamacare, and is also one of the most thorough defenses of his signature policy, even dating back to his time in office.
Thirty minutes. That’s about how long it would take a nuclear-tipped intercontinental ballistic missile (ICBM) launched from North Korea to reach Los Angeles. With the powers in Pyongyang working doggedly toward making this possible—building an ICBM and shrinking a nuke to fit on it—analysts now predict that Kim Jong Un will have the capability before Donald Trump completes one four-year term.
About which the president has tweeted, simply, “It won’t happen!”
Though given to reckless oaths, Trump is not in this case saying anything that departs significantly from the past half century of futile American policy toward North Korea. Preventing the Kim dynasty from having a nuclear device was an American priority long before Pyongyang exploded its first nuke, in 2006, during the administration of George W. Bush. The Kim regime detonated four more while Barack Obama was in the White House. In the more than four decades since Richard Nixon held office, the U.S. has tried to control North Korea by issuing threats, conducting military exercises, ratcheting up diplomatic sanctions, leaning on China, and most recently, it seems likely, committing cybersabotage.
The justices unanimously limited the federal government’s power to strip immigrants of their hard-won status.
The U.S. Supreme Court narrowed the scope under which the federal government can strip naturalized Americans of their citizenship on Thursday, ruling that false statements made during the naturalization process had to be relevant to gaining citizenship in order to justify revoking it later.
Justice Elena Kagan, writing for a unanimous Court in Maslenjuk v. United States, said that using small omissions or minor lies to denaturalize immigrants went beyond what Congress authorized. “The statute it passed, most naturally read, strips a person of citizenship not when she committed any illegal act during the naturalization process, but only when that act played some role in her naturalization,” she wrote.
The Senate bill coming out Thursday would do many things to health care in the U.S., but it won’t get rid of the Affordable Care Act, and Mitch McConnell won’t claim that it does.
The health-care bill Senate Republicans plan to unveil on Thursday likely will make substantial changes to Medicaid and cut taxes for wealthy Americans and businesses. It will eliminate mandates and relax regulations on insurance plans, and it will reduce the federal government’s role in health care.
What it won’t do, however, is actually repeal the Affordable Care Act.
Lost in the roiling debate over health care over the last several weeks is that Republicans have all but given up on their longstanding repeal-and-replace pledge. The slogan lives on in the rhetoric used by many GOP lawmakers and the Trump White House but not in the legislation the party is advancing. That was true when House Republicans passed the American Health Care Act last month, which rolled back key parts of Obamacare but was not a full repeal. And it is even more true of the bill the Senate has drafted in secret, which reportedly will stick closer to the underlying structure of the law.
The quality and variety of food in the U.S. has never been better. The business seems to be struggling. What’s really going on?
For restaurants in America, it is the best of times, and it is the worst of times.
Last century’s dystopians imagined that mediocre fast-food chains would take overevery square inch of the country. But in cities across the U.S., residents are claiming that the local restaurant scene is in a golden age of variety and quality. I’ve heard it in Portland, Oregon, named the best food city in America by the Washington Post; in Washington, D.C., named the best food city in America by Bon Appetit; in New Orleans, where the number of restaurants grew 70 percent after Hurricane Katrina; and in San Francisco, which boasts the most restaurants per capita in the country; and in Chicago, which has added several three-Michelin-star restaurants this decade. I live in New York, which will always lead the country in sheer abundance of dining options, but after years of visiting my sister in Los Angeles, I’m thoroughly convinced that America’s culinary capital has switched coasts.
The long-awaited proposal begins with few friends and many critics—on the right, the center, and the left. But the chilly reception doesn’t mean the legislation is doomed.
In the hours after Senate Republicans released their long-awaited plan to roll back the Affordable Care Act, it was nearly impossible to find an enthusiastic supporter of the proposal—even among the lawmakers it was most aimed to please.
There was no grand unveiling of a bill that Senate Majority Leader Mitch McConnell and his lieutenants supposedly spent weeks perfecting behind closed doors. No triumphant declarations of a promise kept, nor even confident predictions of passage. Shortly before 11 a.m. ET, while Republicans were still being briefed on a bill they had yet to see, the Senate Budget Committee sent out a link to the plain, 142-page text of the “Better Care Reconciliation Act of 2017.” McConnell went to the Senate floor to talk up the plan as best he could, but even he could only muster modest praise.
If the party cares about winning, it needs to learn how to appeal to the white working class.
The strategy was simple. A demographic wave—long-building, still-building—would carry the party to victory, and liberalism to generational advantage. The wave was inevitable, unstoppable. It would not crest for many years, and in the meantime, there would be losses—losses in the midterms and in special elections; in statehouses and in districts and counties and municipalities outside major cities. Losses in places and elections where the white vote was especially strong.
But the presidency could offset these losses. Every four years the wave would swell, receding again thereafter but coming back in the next presidential cycle, higher, higher. The strategy was simple. The presidency was everything.
Over time, leaders lose mental capacities—most notably for reading other people—that were essential to their rise.
If power were a prescription drug, it would come with a long list of known side effects. It can intoxicate. It can corrupt. It can even make Henry Kissinger believe that he’s sexually magnetic. But can it cause brain damage?
When various lawmakers lit into John Stumpf at a congressional hearing last fall, each seemed to find a fresh way to flay the now-former CEO of Wells Fargo for failing to stop some 5,000 employees from setting up phony accounts for customers. But it was Stumpf’s performance that stood out. Here was a man who had risen to the top of the world’s most valuable bank, yet he seemed utterly unable to read a room. Although he apologized, he didn’t appear chastened or remorseful. Nor did he seem defiant or smug or even insincere. He looked disoriented, like a jet-lagged space traveler just arrived from Planet Stumpf, where deference to him is a natural law and 5,000 a commendably small number. Even the most direct barbs—“You have got to be kidding me” (Sean Duffy of Wisconsin); “I can’t believe some of what I’m hearing here” (Gregory Meeks of New York)—failed to shake him awake.