Here's what the President can announce Wednesday night

[SHRED]

Breakdown of Policies

Individual income tax policies
1. Extend marriage relief, credits, and incentives for children, families, and education, but
let the upper-income tax cuts expire and let tax brackets revert to Clinton-era rates
2. Index the AMT for inflation for a decade (AMT patch paid for)
3. Rescind the upper-income tax cuts in the tax deal
4. Schakowsky millionaire tax rates proposal (adding 45%, 46%, and 47% top rates)
5. Progressive estate tax (Sanders estate tax, repeal of Kyl-Lincoln)
6. Tax capital gains and qualified dividends as ordinary income

Corporate tax reform
1. Tax U.S. corporate foreign income as it is earned
2. Eliminate corporate welfare for oil, gas, and coal companies
3. Enact a financial crisis responsibility fee
4. Financial speculation tax (derivatives, foreign exchange)

Health care
1. Enact a public option
2. Negotiate Rx payments with pharmaceutical companies
3. CMS program integrity and other Medicare and Medicaid savings in the president’s
budget.
4. Prevent a cut in Medicare physician payments for a decade (maintain doc fix)

Social Security
1. Raise the taxable maximum on the employee side to 90% of earnings and eliminate the
taxable maximum on the employer side
2. Increase benefits based on higher contributions on the employee side

Defense savings
1. End overseas contingency operations emergency supplementals starting in 2013,
providing $170 billion in FY2012 funding for withdrawal
2. Reduce baseline Defense spending by reducing strategic capabilities, conventional
forces, procurement, and R&D programs

Job Creation
1. Invest $1.45 trillion in job creation, early childhood, K-12 and special education, quality
child care, energy and broadband infrastructure, housing, and R&D
2. Infrastructure bank
3. Surface transportation reauthorization bill
4. Finance surface transportation reauthorization

http://grijalva.house.gov/uploads/CPC.Budget.112th.Memo.pdf

http://cpc.grijalva.house.gov/index.cfm?sectionid=70

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[NorthCarolina]

1. I doubt any of that is reflective of the path Obama is on. nt

[earthside]

2. President Sanders ...

... might actually fight for that kind of economic policy.

Pres. Obama not so much.

[ProfessionalLeftist]

4. I wish he'd run. n/t

[craigmatic]

3. He might talk about raising taxes but he'll cut everything including his own HCR law.