Word: bipartisanism
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Campus Democrats and Republicans found common ground in their praise for President Barack Obama’s State of the Union address last night, with students of both political leanings hailing the speech for its bipartisan rhetoric...
...That was a bumpy road even before Massachusetts left Democrats with only 59; months of bipartisan Senate negotiations over health care reform attracted zero Republican votes, as did the financial-reform package that passed the House in December. And White House officials admit they underestimated how ugly Capitol Hill's sausagemaking process would look in the spotlight, turning a debate about expanding health coverage, controlling costs and reining in the abuses of profit-obsessed insurers into a brawl over "death panels," taxpayer-funded abortions and congressional giveaways to Nebraska. (See the financial crisis after one year...
...Republicans are already accusing Obama of sacrificing reform on the altar of politics, and it's true that the bright-line strategy could scuttle whatever chances there might have been to build bipartisan consensus in the Senate. For example, the White House recently leaked word that it considers the creation of a new Consumer Financial Protection Agency "nonnegotiable," drawing a clear contrast with Republicans and financial lobbyists on a relatively simple issue that polls extremely well - but risking a stalemate in the Senate Banking Committee, where the GOP and several Democrats have expressed doubts about a new bureaucracy. After health...
...discarding it entirely. However, it is clear that the public wants to see an end to the fierce partisanship of the deliberation on Capitol Hill. Accordingly, the Democrats should honor the will of the people by opening up the legislation to Republican ideas to achieve a bill with the bipartisan support to ward off a Senate filibuster...
...over the financial crisis got perhaps its most prominent outlet yet as a federally appointed panel grilled top bankers about their firms' roles in the economic downturn. On Jan. 13, the panel questioned the chiefs of Goldman Sachs, JPMorgan Chase, Morgan Stanley and Bank of America. The 10-member bipartisan Financial Crisis Inquiry Commission, created by Congress last year, is tasked with reporting on issues ranging from mortgage fraud to regulatory lapses by Dec. 15. Some analysts say the hearings are an important step toward reform; others call them a distraction, saying the causes of the crisis are clear...