Posted inPolitics

Why Did Normal Order Go Away?

Later today the House is to vote on HR 325, a bill to suspend the debt limit until mid-May and then the debt limit will automatically be increased by the new debt incurred during the interim.* The idea is to take away the notion of defaulting and then move toward normal order budgeting (Senate and […]

Posted inPolitics

Tax Reform Grand Bargaining

So everyone is prattling away with their grand bargain ideas on tax reform, etc. so I will re-up the basic idea at the heart of the tax reform I proposed in my book Balancing the Budget is a Progressive Priority: A tax reform that resulted in fewer rate brackets: 12, 22 and 28 were the […]

Posted inPolitics

Single Payer in Vermont?

Here is a video (~1 hour) from a Politico health reform policy panel I was on at the DNC last Thursday. Two things from this panel stood out for me, both related to the comments of Gov. Peter Shumlin from Vermont, who wants to create a universal, “single payer” health system in his state. All […]

Gift this article