Monday, September 19, 2011

The battle lines are drawn

From the New York Times' preview of Obama's deficit reduction plan:
In laying out his proposal, aides said, Mr. Obama will expressly promise to veto any legislation that seeks to cut the deficit through spending cuts alone and does not include revenue increases in the form of tax increases on the wealthy. 
 Glory hallelujah. That has been the missing piece all along.

But does that mean Obama is willing to pull the trigger (or see it pulled) if the supercommittee deadlocks?  He'd better be.

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