James Pethokoukis

‘Cut and grow’ is really the only way forward

January 4, 2011

In theory, at least, the House GOP is exactly right:

The new House Republican majority will use the three weeks before President Obama’s State of the Union address to repeal the healthcare law, cut spending and scrap federal regulations, incoming Majority Leader Eric Cantor  (R-Va.) said Tuesday.

Of debt ceilings and budget deals

January 4, 2011

There’s a big budget deal coming, says NRO’s Daniel Foster:

My argument is dead simple.

P1) The debt ceiling won’t be raised without a ‘yea’ vote from Sen. Lindsey Graham (R., S.C.)

Bill Daley as Obama’s new chief of staff?

January 4, 2011

That is the buzz. But it is more than just buzz. My sources tell me that serious conversations are being had, though it is not a done deal. Certainly the business folks I have chatted with would be delighted. Forget about Valerie Jarret. When a top CEO had an issue, he or she would be calling Bill Daley from now on, not Jarrett. Daley would be “their guy.” (And I would also call Gene Sperling the frontrunner to replace Larry Summers.)  Here is the Reuters take: