Politics

The Money Behind Social Security Privatization

"President Bush's political allies are raising millions of dollars for an election-style campaign to promote private Social Security accounts, as Democrats and Republicans prepare for what they predict will be the most expensive and extensive public policy debate since the 1993 fight over the Clinton administration's failed health care plan," reports Jim VandeHei.

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Republicans 'Outorganized and Outthought' Democrats

The 2004 presidential race was the most expensive in history. While Republicans did outspend Democrats -- $1.14 billion to $1.08 billion -- the difference wasn't that much. "Despite their fundraising success, Democrats simply did not spend their money as effectively as Bush," the Washington Post's Thomas Edsall and James Grimaldi report.

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Norquist Dreams of Twelve More Years

Conservative activist Grover Norquist, from Americans for Tax Reform, told Australian Financial Review journalist Tony Walker that three of his political priorities – tort reform, curtailing political contributions from unions, and promoting free trade – would have the combined effect of weakening support for

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White House Astroturf For Social Security Phase Out

When White House Budget Director Joshua B. Bolten introduced a "single mom" from Iowa to promote President Bush's plan to dismantle Social Security, she was presented as one of the "regular folks" in favor of private savings accounts. But Sandra Jaques, who addressed a White House economics conference on Thursday, "is not any random single mother," the New York Times' Edmund Andrews wrote.

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Don't Let the Revolving Door Hit You

Representative Billy Tauzin, "a principal author of the new Medicare drug law, will become president of the Pharmaceutical Research and Manufacturers of America, the chief lobby for brand-name drug companies." The Medicare law is generous to industry, forbidding price controls, regulations, or even negotiations with drug manufacturers "to secure lower prices for Medicare beneficiari

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