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The price of politics: a bit over $1 trillion
If Mr. Woodward is right, President Obama is intentionally using these numbers, these “tricks,” to mislead you. He wants to claim credit for as much deficit reduction as is in the Ryan budget, but he didn’t want to propose the spending cuts and/or tax increases to hit that target.
Tax levels cheat sheet
Just remember this: 18-19-20-21.
The “insufficient detail” critique of the Ryan budget
The Ryan budget is a serious fiscal policy roadmap. It proposes the detail required for its intended legislative purpose, and it offers a roadmap for future reforms. And until President Obama and a Democratic-majority Senate propose an alternative long-term path or are replaced, the Ryan plan is literally the only long-term game in town.
What if it’s a status quo election?
President Obama’s answer to Mr. Feller’s question is that, if there’s a status quo election, he would not do anything differently than he has for the past two years of fiscal policy stalemate.