House Appropriations all but kills US aid to Palestinian Authority. See the details here.
Coming later today, the latest on the New Hampshire phone-jamming scandal, and whether it will end up singeing Sen. Bill Frist.
It's almost funny. Sen. Pat Roberts (R) plays Sen. Rockefeller (D) and his staff for fools. Spencer Ackerman has the details.
New pencil-neck line of attack: Social Security contributes to free love and the decline of marriage.
It really is amazing that anyone takes Alan Greenspan seriously anymore. Sen. Reid was right when he called him one of Washington's biggest political hacks. Here's an article about a speech Chairman Greenspan just gave in which he said that our structural budget deficits are a far greater threat to the nation's economy than either the trade deficit or our low savings rate.
That's almost certainly so.
But without putting too fine a point on it, the deficits are his fault!
Not exclusively his fault, certainly. But by placing his seal of approval on the president's 2001 tax cut package (the primary cause of our rapidly escalating indebtedness) he probably played as a big a role as any single individual after the president himself in ensuring that those tax cuts (and those that followed them) became law. Anyone can be wrong. But the rationale he gave at that time was clearly disingenuous.
It's an elementary point. The man simply has no credibility on this issue. And even though criticism of Greenspan along these lines has become more vocal of late, he still remains close to sacrosanct in polite political debate.
Some day it will be an amazing history to tell, how this acolyte of a half-baked Russian emigre eccentric became the economic avatar of America's turn-of-the-century political class.
Personal Accounts a safety net for the risks of Social Security? The latest free-form policy improvisation from our president.
What the hell is Sen. Mary Landrieu (D) thinking? She's holding a townhall meeting on Social Security tomorrow in Baton Rouge, the same day President Bush is holding his Bamboozlepalooza event in Shreveport.
But Landrieu's event is open to the public, no tickets required. I'll bet her staff hasn't even put together a Landrieu-loyalty oath yet or done background checks on people who want to ask questions. Talk about wet behind the ears. They clearly don't know how these things are done.
Your weekend Social Security must-read ...
'Blocking Move: A Principled Case for Obstruction' by Jon Chait and just out from TNR.