On Deficit, President Obama Talks Big, But Goes Slow and Small

On Monday in Maryland, President Obama announced his new budget in an empty classroom, with a globe, a microscope and a stack of books strategically placed on the teacher’s desk behind him. “We’re going to have to get serious about cutting back on those things that would be nice to have but we can do with out,” he said, in the language …

Grossman, AfPak and Scooter Libby

Hillary Clinton will announce later this week that veteran diplomat Marc Grossman will replace Richard Holbrooke, who died in December, as Special Envoy to Pakistan and Afghanistan. Grossman is an accomplished career diplomat who will do his job in a discreet and reliable way. He’s not a bone-crusher like Holbrooke, but that approach …

The $100 Billion Baseline

The GOP’s jeers at the budget President Obama unveiled today — House Speaker John Boehner, tweaking the new White House slogan, scoffed that Obama was “spending the future” — highlight the vast gap between the two parties’ budget blueprints. But the chasm is likely to grow wider. Boehner’s promise to preside over an open …

In the Arena In the Arena

Random Notes

I’m still sifting through the various somersaults the Obama Administration is spinning to cut the budget. I’ll have more to say about that, and the budget fight, over the next few weeks. Meanwhile, two thoughts:

1. All this would be an awful lot easier if we just…raised taxes. Not much. Just back to the Clinton levels for the …

The Trouble With Budget Debates: The Numbers Don’t Hold Up

Since Barack Obama arrived in office, he has predicted a return to stable deficits in the out years, the sort of message that lawmakers, creditors and the American people like to here. But there is problem: Obama’s projections have consistently been too rosy. So each year, his bean counters must readjust the projections. They keep the …

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