Politics

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The news this week in Washington is all budget, all the time: Will Congress work out a budget deal before Friday's midnight deadline, or will the federal government close until a compromise can be found? The Obama administration…

As the shutdown showdown approached its third or fourth climax late this week, I found myself in Flint, Mich., the former General Motors manufacturing powerhouse, where the unemployment rate still stands at nearly 12 percent and people can be…

Alice Rivlin (seated in green) with Senate Majority Whip Richard Durbin, D-Ill., and Andy Stern, president of the Service Employees International Union, during a meeting of the National Commission on Fiscal Responsibility and Reform in late 2010. (Photo By Tom…

Apr 07

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I wrote yesterday about a chat with the former head of President Clinton's Council of Economic Advisers, Martin Baily, now of the Brookings Institution. Most striking to me, was his suggestion that there could conceivably be an upside to…