The nation's capital and the capital of the nation's most populous state both seem dysfunctional. But even as the congressional super committee looks set to fail, a bipartisan group of high-profile Californians is readying ballot initiatives to reengineer state government, including tax reform.
The tax-reform panel provides useful budget-cutting hints, but Obama never allowed it to tackle the really big issues.
Christina Romer is leaving as chair of the Council of Economic Advisers. Two front-runners have emerged to replace Christina Romer: Austan Goolsbee and Laura Tyson.
John McCain has the harder job of countering his support of Bush and his push for deregulation.