Word: reformations
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...Another objection to reform might be that a decline in the volume of meals served would drive up per-meal prices by eliminating HUDS’ economies of scale. But this argument casually assumes that HUDS’ current production level produces economies of scale benefits. Further, it claims that allowing students to make choices would lead to a drop in sales that would significantly cut into those benefits. Even if these premises are correct, HUDS can adjust by consolidating some dining halls to reduce costs or allowing other more competitive vendors to lease dining hall space...
Come January, however, the man that the liberal Nation magazine once called the "Eliot Ness of the Democrats" can do even more, thanks to the two words that strike fear in the heart of every government official: subpoena power. As the new chairman of the House Government Reform Committee, Waxman will have free rein to investigate, as he puts it, "everything that the government is involved with." And the funny thing is, Waxman can thank the Republicans for the unique set of levers he will hold. Under a rules change they put through in the days when they used...
...will win the coming battle between reformers and revanchists? The market is betting against reform. Demand for anyone with access to powerful Democrats on the Hill is soaring. Lobbyists who couldn't get a meeting are suddenly a hot commodity. "I've gotten a lot of calls from headhunters in the last two months," says Florence Prioleau, a lobbyist who has maintained close ties with her former boss, New York's Charles Rangel, incoming chairman of the Ways and Means Committee. Pelosi's former chief of staff, George Crawford, has just been hired by Amgen, a biotech company, to represent...
...biggest obstacle to lobbying reform may be that in an electoral system almost entirely dependent on campaign donations, lawmakers and wealthy interests will always find a way to connect. Members of Congress know their job security depends on the money they raise before each election, and much of that comes from K Street. "The dirty little secret is that the biggest lobby in town is members of Congress lobbying us," says the Livingston Group's Moffett. Moffett says he bumped into a powerful Senator last spring. They sat on a bench overlooking the city and talked about Moffett's clients...
...article contains a table. Please see hardcopy of magazine.] THE RAINMAKER WHY HE MATTERS HOW HE'LL PLAY IT Henry Paulson Jr. The Treasury Secretary and Bush's Social Security front man raised eyebrows last week by saying he would set "no preconditions" on the Administration's push to reform. Paulson's statement hinted that the President is backing off his demand that workers be allowed to invest some of the payroll taxes levied for Social Security in private accounts. Max Baucus A Montana Democrat and the incoming chairman of the Senate Finance Committee, he has declared he wants...