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Obama talks to the middle, Boehner rallies the right
President Obama made clear tonight that the debate over the debt ceiling is not left vs. right. It’s center vs. right. There was nothing remotely “left” in this speech, unless you count higher taxes for corporate jet owners and a few other populist bits. He summarized his approach this way:
“[L]et’s live within our means by making serious, historic cuts in government spending. Let’s cut domestic spending to the lowest level it’s been since Dwight Eisenhower was president. Let’s cut defense spending at the Pentagon by hundreds of billions of dollars. Let’s cut out the waste and fraud in health care programs like Medicare — and at the same time, let’s make modest adjustments so that Medicare is still there for future generations. Finally, let’s ask the wealthiest Americans and biggest corporations to give up some of their tax breaks and special deductions.”
That’s four sentences on cuts and barely one sentence on taxes, and not even tax increases as such — just a request that the privileged “give up some of their tax breaks and special deductions.”


Most RecentMost Recommended Comments (5)
at 02:09 on July 26th, 2011
While Liberal Media , which gets its funding from China & Russia was creating an anti US Hype ,Anti Bush Hype (both here in India & Europe ), they actually wanted what Russians & Chinese Wanted to get US out of their backyard ( Afghanistan ).
Barack Obama - A Very Weak President ?
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at 17:10 on July 26th, 2011
Yeah, media is all liberal. That's why a vast chunk of it belongs to conservative Rupert Murdoch, who is neither Russian nor Chinese and is neither a socialist or a communist.
As for Bush, most people hated him, including in America. It wasn't any kind of hype. It was a reaction of the majority.
at 04:45 on July 26th, 2011
ishambat- you wrote- " tax breaks and special deductions"..... Is it not - reductions ? I believe thats gramatically correct.
at 17:05 on July 26th, 2011
No. Deductions are special tax breaks that allow people to pay less taxes. For example, if you give to charity, you can claim it on your taxes and that will reduce your taxes.
at 04:08 on July 27th, 2011
Ive never heard of that term. but if you are correct, I have to give up and write that down.