Congress
Peter Orszag writes that reaching a deal to avoid the fiscal cliff will require Republicans and Democrats to be more flexible about the positions they have staked out over tax and entitlement reforms.
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Peter Orszag writes that vague, simplistic strategies to limit tax deductions will lose their appeal as the legislative process exposes their flaws.
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Sebastian Mallaby argues that President Obama will be unable to stabilize the U.S. debt over the long term without addressing the problem of ballooning health and pension costs.
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As the edge of the fiscal cliff approaches, Peter Orszag lays out the paths available to the Obama administration in negotiating with Congress over the expiring Bush tax cuts and entitlement reform.
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Peter Orszag proposes a placeholder deal to get around Congressional gridlock over the expiring Bush tax cuts by establishing a temporary tax refund that would last until either a permanent deal was reached or the unemployment rate dropped.
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Frank G. Klotz says the United States needs to rebuild its icebreaking capability in Antarctica, otherwise protecting U.S. interests—in both polar regions—will become even more challenging.
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Peter Orszag argues that Representative Paul Ryan's budget plan would risk stranding elderly patients who wish to remain enrolled in Medicare.
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Peter Orszag defends the Independent Payment Advisory Board as a critically important part of the ongoing effort to shift U.S. health-care away from the fee-for-service model.
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Peter Orszag explains that privatization would allow the U.S. Postal Service to free itself from congressional shackles and manage its operations more efficiently.
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Peter Orszag writes that the steep federal subsidies offered under the Affordable Care Act will make it hard for states to resist expanding their Medicaid programs.
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John B. Bellinger III argues that Congress should reconsider the International Criminal Court.
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Peter Orszag makes the case that increasing electoral participation would improve American democracy.
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Robert Rubin explains how the pressures of the "fiscal cliff" will present U.S. political leaders with a rare second chance to make critical fiscal reforms after the 2012 elections.
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Elliott Abrams argues that Richard Luger seems to have no life at all beyond the U.S. Senate.
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Peter Orszag works through various approaches U.S. policymakers could take to head off fiscal catastrophe as a storm of tax increases, spending cuts, and a debt ceiling standoff looms at the end of the year.
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Peter Orszag argues that policymakers should work to encourage further strides in controlling health-care costs that are already being made outside Washington.
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Benn Steil's Financial Times op-ed shows that whereas the impact of the "Buffett Rule" on Warren Buffett's tax liability is trivial, the political capital he has accrued appears to be leveraging his investments.
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Robert E. Rubin and Vin Weber argue that the Export-Import Bank is a government agency that increases U.S. jobs and earns money for the Treasury--and deserves bipartisan support.
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Frank G. Klotz says the possibility of a total stalemate on the U.S. defense budget looms very large, but with American forces still fighting in Afghanistan, and Iran and North Korea remaining potential flashpoints, the consequences could be grave.
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Peter Orszag argues that U.S. business leaders who want better economic policy should work to get more moderates elected to Congress.
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