I don’t agree with everything in Noam Scheiber’s new book, The Escape Artists – particularly the notion that the Obama administration did not spend enough money on fiscal stimuli — but it has some juicy behind-the-scenes color in it, and it’s a good read. One moment that tripped my health-care antennae was the one in which, during the debt-ceiling negotiations, Senator Kyl asked Jack Lew and Gene Sperling, somewhat incredulously, if it was true that “there are Medicare savings that you think would be good policy. But you won’t do them unless we agree to raise taxes?” Lew and Sperling respond “yes.” Next time someone tells you that the problem with Washington is that it is the Republicans who put ideology and party over good policy, you should direct them to this passage.
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About the Author
Tevi Troy is a senior fellow at the Ronald Reagan Institute and a senior scholar at Yeshiva University’s Straus Center. He is the author of The Power and the Money: The Epic Clashes Between Commanders in Chief and Titans of Industry.
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