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...token, supply-siders on the Republican right regard Bernanke with suspicion. A recent critique of Bernanke in the online edition of the conservative National Review labeled him a "Keynesian" who believes in the "limits" of growth, and portrayed him as a central banker unlikely to support more and deeper tax cuts. As National Review put it, "Much right now is being made of President Bush's historic chance to remake the Supreme Court. No doubt that's true. Perhaps just as important will be Bush's Federal Reserve appointments, foremost of which will be Alan Greenspan's replacement...
...Reserve's main job is to fight inflation, and Ben Bernanke seems to fit that bill," said Sen. Charles Schumer, who sits on the panel. Schumer did criticize Bernanke, however, noting that as top White House economic advisor he had come out in favor of the extending the Bush tax cuts at a time when a "a voice for fiscal restraint and moderation will be much-needed...
...making phone calls and knocking on doors, and tracked ads on spreadsheets. He obsesses over detailed data like turnout in Florida among newly registered Republicans who call themselves fiscal conservatives (91.2% last year), all new G.O.P.ers (75.7%) and overall (65.3%)--numbers that he says show the power of tax cuts. Mehlman sets goals for volunteer recruiting by state, county and precinct, and uses stats to pick his team: "The performance-based approach says that whoever produces the best results is the person you put in charge." One problem: figures don't always reflect rapid change or account for the element...
...HYBRID. An SUV will glug $1,831 on average at the pump this year, and a sedan will ring up $1,453, according to the Alliance to Save Energy. Meanwhile, a hybrid will swallow as little as $589--not to mention that tax break of up to $3,000 included in last summer's energy bill for buying...
...Pete Domenici of New Mexico, chairman of the Energy and Natural Resources Committee, astonished environmentalists last month when he suggested that federally mandated auto-mileage (CAFE) standards had to be reconsidered. But because that could cut into automakers' profits, there's virtually no chance that such legislation would pass. Tax incentives for switching to alternative energy may be easier. Republican Representative Richard Pombo of California, chairman of the Resources Committee, says, "There is already an incentive to develop new technology. You just have to send a real clear signal that the Federal Government wants to." But a wholesale push...