Just before the Thanksgiving break, Speaker Nancy Pelosi (D-CA), during a conference call with reporters, trumpeted the need for more job-creating legislation in spite of the growing deficit, and, thereby, continued to throw cold water on some congressional members' aspirations to begin tackling the country's debt.

Ugh oh, a recent article in National Journal (subscription required) quotes several members of Congress, including Senate Budget Chair Sen. Kent Conrad (D-ND) and Rep. Frank Wolf (R-VA), expressing strong interest in the creation of a bi-partisan debt-reduction commission with binding recommendation powers to Congress. It seems Conrad, Wolf, and other budget hawks see the administration's need to raise the debt ceiling as the perfect opportunity to press for the creation of such a body. While there's nothing wrong with a debt commission per se, I find the timing and details of this scheme troubling for a number of reasons.

The contracting boondoggle that is the U.S. Embassy in Baghdad, Iraq came into full focus last week with the State Department's release of an Inspector General's audit of the compound. We already knew that construction of the fortress-like embassy, which is the largest on the planet and ten times bigger than any other US embassy, was riddled with the big WF&B (waste, fraud and abuse), but the sheer scale of corruption and ineptitude detailed in the report brings back into question the State Department's ability to oversee contractors.