Monday, September 19, 2011

Obama's opening supercommittee bid: "abandoning the strategy of pre-compromising"

Greg Sargent has a roundup of reactions and early reports of Obama's supercommittee strategy:
As a number of us have argued, Obama’s continuing demand that Republicans pass the whole American Jobs Act — and his willingness to take it straight to the American people — represents a new approach by the White House. Rather than signaling a willingness to give early ground on core liberal principles in the name of compromise as a desirable end in itself, Obama and his advisers laid down some hard lines at the outset in a manner designed to increase leverage in the battles ahead.

The initial reports about what Obama will propose as his opening bid today for the deficit “supercommittee” suggest that they are sticking with it.

The key details, per Zachary Goldfarb: MORE...
Howie P.S.: Robert Reich is curbing his enthusiasm:
Apparently Obama will propose that people earning more than $1 million a year pay at least the same tax rate as middle-class earners. That's aiming mighty low. MORE...

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