Should the government negotiate the prices of pharmaceuticals covered by the new Medicare Part D prescription drug benefit? The incoming Democratic leadership in Congress has made Medicare price negotiation a top policy priority, but controversy rages over precisely what that might entail and whether it would reduce drug costs in...

The only leverage the U.S. had was to cancel the summit as soon as it learned that China was going back on its word.

In his 2011 State of the Union Address, with six members of the Supreme Court present, President Obama famously attacked the Court’s Citizen’s United decision. At the center of Obama’s criticism was his completely erroneous contention that the decision opened the floodgates to foreign corporate spending in U.S. election campaigns.

Talks begin tomorrow between the P5 + 1 (the five permanent U.N. Security Council members plus Germany) and Iran. Today, the P5+1 group is having a prep meeting. Talks with Iran are destined to fail, not because I want them to, but because every piece is in place for failure:

Earlier today, I passed along the exciting news that senior State Department official Wendy Sherman had once again helped deliver the North Koreans to the negotiating table, a reprise of her Nork work of the Clinton years.  And indeed, the deal done looks a lot like the deal Mrs Sherman did back then, except….

Even those who have never negotiated with North Korea could have told the Obama administration, “I told you so.”