Word: obamas
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...TIME's 2008 Person of the Year: Barack Obama...
...Senator Christopher Dodd, the Democratic chairman of the Senate Banking Committee, recently broke off negotiations with Senator Richard Shelby, the ranking Republican, a politician so committed to bipartisanship that he placed a hold on all Obama Administration appointees to extract some pork for Alabama. Now Dodd is trying to negotiate with Senator Bob Corker of Tennessee, who said in a recent interview that he truly believes an agreement is possible. But in that same interview, Corker described some modest Administration proposals - like giving consumers the option of a simple "plain-vanilla" mortgage - as "way, way out in left field...
Republican Congressman Paul Ryan recently received an unexpected olive branch, in a most unexpected setting. During a public sparring session with House Republicans in Baltimore on Jan. 29, President Obama singled out the Janesville, Wis., native, who has put forth a controversial plan to balance the federal budget with a sweeping overhaul of Medicare and Social Security, which together with defense spending comprise 55% of the government's total outlays. Obama called Ryan's "Roadmap for America's Future" a "serious proposal" and praised its author as a "pretty sincere guy" with a "beautiful family." It was a rare moment...
Just days later, Obama's budget director, Peter Orszag, shined the spotlight on Ryan again - this time to expose what Democrats perceive as the plan's many warts. Among the elements of his proposal, Ryan wants to privatize Social Security by establishing opt-in individual accounts funded partly by payroll taxes. He also wants to raise the eligibility age for Medicare benefits for Americans currently under 55 and scrap the current system for one in which vouchers would be used to purchase private insurance. While the Congressional Budget Office upheld Ryan's contention that the plan would ultimately bring...
...define their mission as the Tea Party movement mushrooms into a potent force in American politics. With the Mount Vernon statement, conservatism's éminences grises are opening their doors to a group without a founder, an underlying framework or even, seemingly, an organizing principle beyond opposition to the Obama Administration's policies. "If you go out to these gatherings, you find a lot of [people] were never involved at all until they got scared by the direction of the country. Our obligation is not necessarily to lead them but to provide them a sense of what a logical conservative...