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David Stockman

  1. budget reconciliation
    What Is Budget Reconciliation and Why Does It Matter for Biden’s Agenda?For 40 years, reconciliation has provided a way to bypass the Senate filibuster. It may be crucial for passing Biden’s stimulus plan.
    By Ed Kilgore
  2. Forget ‘Tax Reform.’ Republicans Will Settle for Tax Cuts for the Rich.For all the talk of “tax reform,” Republicans would prefer to offset tax cuts with spending cuts, and in the end won’t insist on offsets at all.
    By Ed Kilgore
  3. Trump Budget a Blast From the Conservative PastTrump’s budget outline is a very conventionally conservative document wrapped in bristling “America First” packaging, but not a very serious proposal.
    By Ed Kilgore
  4. company town
    Fox Business Network: Still Painting the OfficesMEDIA • Looks like the Fox Business Network has a shitload of work to do on their studio before launching next Monday. They’ve got the requisite bright-red circle hung above the anchor desk, but otherwise the floor’s not even finished. NBC News, on the other hand, finally cut the ribbon on their new 30 Rock studio, which president Steve Capus compared to “the dance floor of the Stockholm Hilton.” Was that supposed to be a compliment? [FishbowlNY/Mediabistro, TVNewser] • Jan Wenner failed to lure Ed Felsenthal away from the Journal (and Portfolio) and had to settle for Brad Wieners as new editor at Men’s Journal. Wieners has been acting editor since August, when James Kaminsky decamped for Maxim. [NYP] • Poynter Institute: As a journalist, it’s your “duty” to read the print newspaper. Unclear how that affects bloggers. [Poynter]