As the ranking Republican member of the House Budget Committee, you are seen within your party as a policy wonk. I've been working on the federal budget most of my adult life, which is kind of a pretty sad thing to admit to. I just love...]]> Mon, 28 Dec 2009 00:00:00 -0600 President Obama, with Congressional financial committee leaders and his economic team in February.

In 2008 and 2009, Washington strove to save the economy. In 2010, Americans will get a clearer picture of how Washington has changed the economy.

Only as the recession recedes will it become fully evident how permanently the state's role has expanded and whether, as a consequence, a new, hybrid strain of American capitalism is emerging.

One thing is clear: The government is a much bigger force in today's U.S. economy than it was before the financial crisis. "The frontier between the state and market has shifted," says Daniel Yergin, whose 1998 book...]]> Sun, 16 Nov 2008 00:00:00 -0600