From Jay Bookman's blog this morning:
Jay, I have never seen any details regarding this “proposal.” Do you have a link?
Even Speak Boehner began parroting the line this morning. And they are right. The one thing President Obama has not done is roll out flowcharts, power points or even Paul Ryan like fancy commercials with scary spiraling graphs.
He has done nothing at all! All those meetings! All those negotiations! And nothing! What disdain our President shows for the process.
Except he has.
Press conference - July 11, 2011
President Obama said the Republicans need to come to the plate and work to reduce the deficit by $4 trillion over ten years.Washington Post Report - July 10, 2011
Two of President Obama’s top advisers said he will continue to press for a far-reaching, $4 trillion deal to cut the deficit when he meets with congressional leaders on Sunday evening, despite new opposition from Republican leaders to such a compromise.Obama Speech - April 13th
So today, I’m proposing a more balanced approach to achieve $4 trillion in deficit reduction over 12 years. It’s an approach that borrows from the recommendations of the bipartisan Fiscal Commission that I appointed last year, and it builds on the roughly $1 trillion in deficit reduction I already proposed in my 2012 budget. It’s an approach that puts every kind of spending on the table -- but one that protects the middle class, our promise to seniors, and our investments in the future.Also from the April 13th speech
But like the commission, the White House estimates that spending would account for the bulk of deficit reduction. Obama says he wants $3 in spending cuts for every $1 in additional tax revenue
He also said he supports a "debt failsafe" trigger that would be activated if Congress fails to enact fiscally sound budgets. His target: Annual deficits that are no more than 2.8% of GDP, on average, starting in the second half of this decade. Of late, annual deficits have been close to 10%
Cut non-security spending over the next decade in a manner recommended by his debt commission. The commission set 2012 non-security spending at 2011 levels, and by 2020, would allocate only slightly more than the 2012 amount.
The April 13th speech in particular was heavy on specifics and called for $4 trillion in deficit reduction, primarily through spending cuts. In any other setting this would be seen as an austerity plan similar to the one implemented recently by the British Tory government.
But because it isn't on paper, it isn't "real". And these people expect us to continue to take them seriously?