Robert Reich: When unemployment is still in the stratosphere, it would be insane to start cutting the deficit by $3 trillion to $4 trillion. That would push unemployment into outer space.
Paul Hogarth: As Gavin Newsom runs for Lieutenant Governor, he would be wise to make the passage of Proposition 25 a central part of his campaign – which ends the “two-thirds rule” for passing a budget. Because there is no better poster child for how Sacramento’s dysfunction has thrown the state off a cliff than Abel Maldonado – Newsom’s Republican opponent.
Robert Reich: My free advice to the President: If you want to get healthcare enacted you must use reconciliation and quickly. Host your bipartisan gab fest at the White House on Thursday. Then tell the House and Senate to get to work on putting their bills together (or tell the House Dems to enact the Senate bill and then save their disagreements for reconciliation), and tell Harry Reid you want the Senate bill on a fast track of reconciliation.
John Peeler: The defeat of Martha Coakley in the race to succeed Ted Kennedy certainly shows the folly of taking victory for granted and failing to mount a serious campaign. But it also puts on display the complete political incompetence of the Obama administration and the national leadership of the Democratic Party and the Congress.
It seems pretty obvious that, whether the propositions pass or fail, they create a significant, but different, problem for the state. The total monies brought into the current budget by all the propositions together is about 6 billion dollars. However, over $5 billion of that revenue comes from the sale of the lottery. This makes [...]
While a Democratic polling firm has just found, as pollsters always do, dramatic public support for public health coverage, Democratic leaders on Capitol Hill appear divided, as they have always been, over whether to take a comprehensive approach to health care. House Majority Whip James Clyburn (D-S.C.) said on C-Span on Sunday that incrementalism would [...]
Not surprisingly, red meat conservatives are wallowing in denial today, now that the shock of Tuesday night has worn off. Basically, the arguments run along one of two or three lines: Obama tricked people, Obama stole the election or that despite the size and scope of the win across counties and states, he must abandon [...]
Schwarzenegger Acting the Tough Guy to Cover for His Weakness? Both Houses of California Legislature Meeting This Morning—But Don’t Hold Your Breath
I was at the Governor’s press conference yesterday afternoon to see and hear directly his announcement that he would veto any bills sent to him before a state budget is passed. You can read his remarks in their entirety as dutifully transcribed by the Governor’s press office and published on these pages yesterday.