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Clearing the Browser Tabs – The Budget Battle is Now Joined Tuesday Edition Posted: 05 Apr 2011 03:10 AM PDT Today, the 2012 budget battle begins in earnest. Rep. Paul Ryan has introduced his budget proposal in an article in today’s Wall Street Journal and it’s a humdinger. In fact, it is probably the most ambitious and complete fiscal plan we’ve seen in this country since the Reagan administration. Not only will it cut the deficit hard, but it will also rein in Medicare and Medicaid and overhaul the tax code. The detailed plan will come out later, and that’s when the real analysis will begin, but the outline is impressive. My only qualm is that it still leaves Federal spending above 20 percent of GDP. That figure needs to be at least two percentage points lower if we have any hope of reducing the deficit to nothing. If we want to whittle away at the national debt, it’s going to have to be even lower still. I’m hopeful that the Republicans will treat this plan as their opening bid, not the ideal that will be chipped away by hundreds of tiny craven compromises. If they do that, we might see some real deficit reduction very soon. Also don’t forget about the live show tonight — 9:30 P.M. Eastern! And now, links!
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Are The Clintons Sabotaging Barack Obama? Posted: 04 Apr 2011 08:34 PM PDT
Consider the following three events:
That brings us to today. The President has been very busy framing the rather paltry Republican budget cuts that might lead to a government shutdown as “irresponsible”. It is an echo to the “extremist” talking point the Democrats in Congress have employed and there are signs that his ploy was working. But look who look who jumped in today to rain all over President Obama’s parade (via memeorandum).
That sound you heard was the President’s grand budget strategy groaning from a very serious gut shot. As if that wasn’t bad enough, Clinton made his statement on the very same day President Obama formally announced he will run for re-election. So he didn’t simply undercut the President’s message; he also stole his campaign thunder, too. These can’t be coincidences. The Clintons are very shrewd political operators, perhaps the best politicians the Democratic Party has seen in a generation. I find it almost impossible that we would see them pop up so often in such a short period of time saying things that undercut the President’s positions so well. Oh, sure, it’s possible. Then again, it’s also possible that we could be hit by a planet-killing asteroid tomorrow, but I wouldn’t go on an all-night crack and hooker bender based on the possibility. Neither should the President assume that his Secretary of State and her husband are on his side.
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