As promised, Barack Obama unveiled his administration’s new deficit reduction plan this afternoon, in the White House rose garden. [Those who want the facts can find an outline of the plan on the White House website. A PDF of the entire proposal can be found there as well.] From what I can tell, it marks […]
Tag Archives: veto
Obama’s deficit reduction plan not as shitty as thinking Americans feared
Posted in Economics, Politics, Uncategorized | Also tagged budget cuts, Buffett Rule, Bush tax cuts, Chuck Schumer, class warfare, deficit, deficit reduction, Deficit Reduction Super Committee, grand bargain, job creation, John Boehner, John Fleming, Joint Select Committee on Deficit Reduction, math, Medicaid, Medicare, Mitch McConnell, Obama, Paul Ryan, political hardball, tax loopholes, tax the rich, theology of tax cuts | 30 Comments