Washington, Wall Street and Everything in Between

As you travel from Wall Street to Pennsylvania Avenue, economic rationality stops and political rationality takes over just as you hit the Beltway. This site is your ticket across that gap, analyzing what makes political sense, what makes economic sense, and rarely what just makes sense.
Posted by Stan Collender

The Washington Post is reporting that one of the spending cuts included in the Bush fiscal 2009 budget that will be sent to Congress tomorrow is a large reduction in the Low Income Home Energy Assistance Program, or LIHEAP.

I have no doubt that the Post's reporting is correct.  The story looks like it was based on a briefing provided by the administration.

Posted by Stan Collender

Here's the earmark problem in a nutshell. 

Posted by Stan Collender
Just one quick comment: Has anyone else noticed that the Bush State of the Union Address seemed like it didn't happen almost as soon as the president was finished delivering it?
Posted by Stan Collender

Over at Vox Baby, Andrew Samwick really seems to be hitting on all cylinders these days.   Take a look at his latest on the federal budget aspects of the Bush State of the Union Address.

Posted by Stan Collender

I grew up in New York City, worked as an intern at City Hall for John Lindsay, and later joined his campaign in Florida. So as I read the ABC News blog last night quoting former Mayor Ed Koch talking about Rudy Giuliani's impending exist from the Republican presidential race and saying that being the CEO of NYC is a political dead end, it brought back memories of my father telling me the same thing when I was about 11 and I indicated I wanted to be mayor.

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