TYT: Obama To Out-Republican GOP On Budget Cuts?

[The Northerner]

Run time: 05:17 https://www.youtube.com/watch?v=879G9GbQ9D8   Posted on YouTube: April 11, 2011 By YouTube Member: TheYoungTurks Views on YouTube: 302   Posted on DU: April 11, 2011 By DU Member: The Northerner Views on DU: 792

 
House Majority Leader Eric Cantor (R-VA) believes President Obama will agree to even more budget cuts with the debt ceiling battle approaching. Cenk Uygur breaks it down.

[mm44sas]

1. Obama = GOP lite

that is the only conclusion.

[LaPera]

2. I won't believe even if I see it! Republicans are his buds...

[ejbr]

3. k & r n/t

[Tx4obama]

4. Obama To Draw Sharp Distinction From Republicans On Budget

President Obama on Wednesday plans to announce budget plans very different than what we’re hearing from Republicans.

He will call for shrinking the nation’s long-term deficits by raising taxes on wealthier Americans and requiring them to pay more into Social Security, drawing a barbed contrast with a Republican plan to save money by deeply slashing Medicare, Medicaid and other domestic spending.

Obama will offer some spending cuts, including trims to the Pentagon’s budget, but his speech Wednesday is likely to provide Americans with a vivid choice between higher taxes or fewer benefits, issues that will color the national debate straight through the 2012 election…

Obama would end tax breaks for households earning more than $250,000 a year, trim Pentagon spending, lift a cap on the amount of income that is assessed for Social Security, and save on Medicare and Medicaid through alterations to healthcare delivery, administration officials said. He will speak about 1:30 p.m. Eastern time on the campus of George Washington University.

http://www.alan.com/2011/04/12/obama-to-draw-sharp-distinction-from-republicans-on-budget/