Norquist is the long-time promoter of the no-new-tax pledge that almost every Republican in Congress has signed. But when he suggested that letting the Bush tax cuts expire wouldn't technically be a tax increase, it became clear the pledge is bigger than any one person.
One year after President Obama signed the Dodd-Frank Act, more than 300 new rules for the financial sector are on the way. How banks and other interests go about shaping them is fairly straightforward, at least to start: Write a letter. Get in line to talk to the rule-makers.
The new Consumer Financial Protection Bureau opens today in Washington, one year after President Obama signed the Dodd-Frank Act into law. A tour of the offices shows what the bureau is as it opens, even though it has yet to get a director.
Greece is getting another bailout package -- one that nearly treats it like a default -- but that won't be enough to solve the fundamental problems of the Eurozone.