Word: bill
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...giving him both houses of Congress and the major television networks whenever he wants them. Instead of ignoring people's objections until they get socialized medicine and realize they like it, as England's leaders did, Obama is worried about seducing Olympia Snowe so he can say his health bill is bipartisan. Do you know how long it takes to charm people from Maine? They're uptight white people coated with a hard exterior made from other uptight white people. While Obama negotiates on climate change, the Chinese government has forced China's entire tech industry to focus on energy...
...Republican Senator from Arizona, arguing during markup sessions against the inclusion of maternity care in the proposed health-care-reform bill...
...That keeps the interest rates on those GSE-backed mortgages substantially lower than on mortgages that can be sold only on private markets, because taxpayers are on the hook for defaults on the former. That risk, long hypothetical, became reality as we got stuck with a $291 billion rescue bill for Fannie and Freddie in the fiscal year that ended in September. Meanwhile, the Federal Reserve is doing its part to artificially lower interest rates by buying $1.25 trillion of Fannie, Freddie and Ginnie mortgage securities this year and next. (See 25 people to blame for the financial crisis...
Then come the tax breaks. The stimulus bill approved in February included an $8,000 tax credit for first-time home buyers - at a cost of about $14 billion for the year. That's set to expire, but there's talk in Congress of extending or even expanding it. A much bigger deal is the income tax deduction for mortgage interest paid - which has been with us as long as there's been an income tax - at a cost estimated by the Congressional Joint Committee on Taxation at $80 billion this year. The deduction for property taxes costs an additional...
...really cared what he thought and weren't sure what he'd think because he could surprise you. And boy, did he wade in. When everyone was putting down Washington Mayor Marion Barry, he was alone in criticizing violations of Barry's privacy. He voted for Bill Clinton but pulled no punches toward him or Hillary. He gave me some of the best professional advice I've ever received: Write what you see, because "what history needs more of is first-person testimony." "Never feel guilty about reading; it's what you do to do what you do." "Never join...