LIBOR, in under three minutes

Last night, on the Rachel Maddow show, I tried to explain the LIBOR scandal in under three minutes I finished with 20 seconds to spare.

By Ezra Klein July 25, 2012

Is Obama gutting welfare reform?

To hear conservatives tell it, the Obama administration is using its executive power to effectively repeal the Clinton administration's signature welfare reform law. One man's gutting is another man's tweaking, but one thing that's for sure is that the Obama administration is not removing the bill's work requirements at all. He's changing them to allow states more flexibility.

By Dylan Matthews July 17, 2012

Everything you need to know about the fiscal cliff in one post

This morning, my colleague Lori Montgomery reported that Democrats are increasingly willing to allow the US to fall off the so-called "fiscal cliff" at the end of this year in order to get Republicans to agree to allow higher rates on wealthy taxpayers. Which raises the question - what the heck is the "fiscal cliff"?

By Dylan Matthews July 16, 2012