Outcomes in the Indiana, Texas and Nebraska Republican primaries are raising the odds that South Carolina Senator Jim DeMint will move closer to remaking the ranks of U.S. Senate Republicans in the image of the anti-tax Tea Party-dominated House caucus.
Earlier this year, Tevi Troy wrote an outstanding essay for National Affairs discussing the increasing politicization and decreasing credibility of think tanks over the last decade or so. This phenomenon is driven by the desires of donors who increasingly view think tanks as tax-advantaged vehicles for influencing political outcomes.
The Republicans’ anti-tax Tea Party wing, which failed in its goal to defeat President Barack Obama and the Senate Democratic majority, is rising to leadership positions in policy and activist groups that have guided the party’s direction for years.
U.S. Treasury Secretary Timothy F. Geithner said delaying some government payments instead of raising the $14.3 trillion federal debt limit would be “deeply irresponsible” and reiterated that the ceiling “must be increased to protect America’s creditworthiness.”
U.S. Representative Michele Bachmann’s decision to leave Congress marks a changing guard in the anti-tax Tea Party movement as it girds for its next battle later this year over an increase in the nation’s debt ceiling.