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Are we pointed in the right direction yet?
Friday's jobs report was good news because the bad news beat expectations, and because it signaled that things might turn around more quickly in the future. But the President is wrong - the U.S. economy is not yet pointed in the right direction.
Will health care reform cause lower wages?
In July the health care reform debate looked at the effects of proposed legislation on the federal budget. Congress needs to focus on the effects of their proposed policies on workers' future wages. If health care reform accelerates health cost growth because expanded insurance coverage means more health services are consumed, a median worker would see his real wages shrink.
Doing health care through reconciliation is even harder than I thought
I was so focused on provisions that would not affect the budget and might therefore have to be removed, that I forgot to think about provisions that would affect the budget. Unless Senator Reid can find ways to make these bills not violate two other tests, he will need 60 votes even to pass a reconciliation bill. Even through reconciliation it would be very difficult for Senator Reid to implement a 51-vote strategy.
How reconciliation might be used for health care reform
This is part two of a crash course on the reconciliation process and how it might be used this fall for health care reform.