Word: passing
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...cannot just hunker down, cross our fingers, hysterically pinch our pennies, wait for the crises to pass, blame the bankers and then go back to business as usual. All that conventional wisdom about 2008 being a "change" year? We had no idea. Recently Rush Limbaugh appeared on Sean Hannity's Fox News show, panicking not so much about the economy but about how the political winds are blowing as a result. If we finally manage to achieve something like universal health care, Limbaugh warned, it would mean "the end of America as we know it." He's right, but that...
Even as Baucus works to bring Republicans on board, he will also have to deal with some of his fellow Democrats who are pushing to include health-care legislation in budget "reconciliation" - an aggressive maneuver that would mean it requires only 51 votes to pass the Senate, rather than the 60 it takes to overcome a filibuster under the normal rules. "If it's partisan, the minority party can find all kinds of ways to throw sand in the gears, and outside groups will start to mobilize," he warns. "My view is, we can get more than 60 votes...
Among Democrats, Max Baucus is known mostly for his apostasies. So crucial was the Montana Senator to passing George W. Bush's tax cuts in 2001 that he was rewarded with a prime spot at the signing ceremony in the White House East Room. Two years later, it was Baucus who helped Republicans pass a pharmaceutical-industry-friendly Medicare prescription-drug bill, even as his party's congressional leadership was shut out of the process. It is understandable, then, that when Democrats took back control of the White House, many in the party were more than a little dismayed about...
...some degree, Congress scaled back Obama's budget by resorting to the same kinds of accounting gimmicks the President had prided himself on avoiding, a fact Republicans were quick to point out. It dropped the long-term inclusion of the costly Alternative Minimum Tax fix - an annual must-pass bill to prevent the tax once intended for the superrich from hitting the middle class - and opted for a shorter time line of just five years vs. the 10-year budget the White House had crafted. "Given the state of the economy, everyone agrees that it's very difficult to predict...
...Both chambers are expected to pass their respective versions by the end of next week, and then the real fun begins, as members work to hammer out the differences into a final bill. During this process, everyone, Obama noted at the Senate lunch, will have to give a little...