Tuesday, July 30, 2013

WonkPM: Your afternoon update from Wonkblog for July 30, 2013

Catch up on Wonkblog's latest posts. A supplement to your Wonkbook subscription.
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The Washington Post Tuesday, July 30, 2013
WonkPM: Your afternoon update from Wonkblog
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A government shutdown won't stop Obamacare

Congressional Republicans are debating whether to pass budget legislation that would cut off Obamacare funding. That could lead to a government shutdown, unless President Obama decided to sign off on a bill cutting off money for his signature legislative accomplishment … Continue reading

The four lamest excuses in MIT's report on Aaron Swartz

This weird little policy is the key to Obama's grand bargain on jobs

At the core of Obama’s “grand bargain for middle-class jobs” is a one-time fee on foreign earnings. Wait, don’t leave! This policy actually gets to one of the most interesting and difficult problems in tax reform: What do you do … Continue reading

Obamacare mandate delay costs $12 billion, cuts insurance coverage

Obamacare’s price tag has just gone up by $12 billion, due to the White House’s decision to delay the employer mandate until 2015. The vast majority of that increase ($10 billion) reflects a reduction in the penalties that the government … Continue reading

After Trayvon, black families are angry. They should be.

It's been 10  days since George Zimmerman's acquittal in the death of Trayvon Martin. Although I was disappointed by the verdict, I don't believe Zimmerman woke that day wanting to kill anyone. He's another pathetic man who caused a needless … Continue reading

A quick-and-dirty guide to the housing finance reform battle

Over the past few weeks, a quiet effort to deal with a pair of housing finance agencies still in conservatorship has been quietly trudging through committees in the House and Senate. There are now two bills in the hopper to … Continue reading

Why we shouldn't think of central bankers as hawks and doves

People who comment on monetary policy often use a convenient shorthand to refer to the different factions within the Federal Reserve and other central banks. There are the inflation hawks, who are more inclined to fight inflation through higher interest … Continue reading

The problem with covering policy as politics

Here’s the problem with coming up with policy ideas in Washington: It’s not enough to go to the media  and say, “Here’s an idea we think might make things better.” You have to come up with the reason that Congress … Continue reading

White House: Obamacare not a job killer, we have a graph to prove it!

The White House would like you to know that the Affordable Care Act is not killing jobs – and they even have a graph to prove it. For months now, the White House has been vexed by news reports of … Continue reading

What the White House visitors' log tells us about the Fed race

One thing that’s become clear as the Fed race has heated up is that the White House feels much, much closer to Larry Summers than it does to Janet Yellen. That’s no surprise. Yellen never served in the Obama administration, … Continue reading
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