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A few blocks away, former Republican Senate leader Trent Lott has set up a lobbying shop with former Senator John Breaux, a Louisiana Democrat. Florida Democrat Bob Graham left Congress in 2005 and joined with retired Republican Senator Jim Talent of Missouri to work on a national commission on the...

Author: /time Magazine | Title: Washington's Time for Bipartisanship: Retirement | 2/19/2010 | See Source »

In 2009, Senate Republicans filibustered a stunning 80% of major legislation, even more than during the Clinton years. GOP leader Mitch McConnell led a filibuster of a deficit-reduction commission that he himself had demanded. The Obama White House spent months trying to lure the Finance Committee's ranking Republican...

Author: /time Magazine | Title: Why Washington Is Tied Up in Knots | 2/18/2010 | See Source »

In January, for example, after a Florida commission denied requests for dramatic electricity-rate hikes, plans for two new reactors in the Keys were suspended, and plans for two more reactors outside St. Petersburg were delayed. Last August, the Tennessee Valley Authority scrapped plans for three new reactors in Alabama...

Author: /time Magazine | Title: Why Obama's Nuclear Bet Won't Pay Off | 2/18/2010 | See Source »

The most interesting result of Citizens United v. Federal Election Commission, the Supreme Court case that struck down limitations on corporate political advertising, may not be the growth in corporate political action it spurs. Indeed, it is unclear that such growth would even occur. Before Citizens United, corporations could spend...

Author: By Dylan R. Matthews | Title: The Limits of Good Government | 2/17/2010 | See Source »

The argument is that finance has become a Wild West of outrageous hidden fees, ridiculous fine print, deceptive come-ons and secret side deals designed to sucker us into predatory rip-offs we can't afford or escape. And the CFPA is supposed to be the new sheriff in town...

Author: /time Magazine | Title: The Case for a Consumer Financial Protection Agency | 2/17/2010 | See Source »

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