What the Nuclear Option Means for the Economy
Posted at 1:28 p.m. on Nov. 22, 2013
Now that Senate Democrats have detonated the “nuclear option” and removed the filibuster for presidential nominees, Matt Yglesias explains what the future may hold and why that matters for the economy.
“I would think ending filibusters for presidential nominees makes it more likely that a future Senate will curb filibustering of legislation… somewhat reducing the massive status quo bias of the U.S. legislative system. That makes basically any big legislative reform—whether it’s a conservative plan to privatize Social Security or a liberal plan to introduce a public option to the Obamacare exchanges—more likely.”