Friday, July 24, 2015

The Wrecking Crew

++Here they go again. Mitch McConnell is going to hold a vote on Sunday to repeal Obamacare and to authorize the reauthorization of the ExIm Bank. This is considered a compromise because Ted Cruz is declaring McConnell is a liar about the bank.

++The Senate, meanwhile, is trying to repeal the Dodd-Frank legislation because --see all our financial blues have gone away and the financial sector is so responsible.

++The Republicans are also pushing legislation to get  the Treasury to hire debt collectors to collect taxes, not IRS agents.

++On the last point, Thomas Frank's "Wrecking Crew" portrays true W administration has ushering in the privatization of government services. Strangely, the actual size of the federal government is the same as it was in the 1960s. 

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