President Obama Wednesday laid out his budget plan – a general call for spending cuts and tax increases for the rich. The speech has a newly partisan tone and seemed to be looking toward the next election, observes the Washington Post. Rep. Paul Ryan (R-Wisc.) is very disappointed.
Many liberals seem assuaged, but Republicans are reacting poorly to the politics of the thing, according to POLITICO. Some people are finding the plan to cut $400 billion from security budgets troubling.
Meanwhile, as the actual size of the cuts becomes clearer, Republican dissent from the $38 billion FY 2011 budget deal is growing. But Treasury Secretary Tim Geithner predicted Congress will approve and increase in the debt limit.
And Obama’s lack of a Democratic opponent helps him enormously, allowing him to focus on independents, according to the Los Angeles Times.