Strengthening Constitutional Self-Government

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Economy

Budget Reaction and Revision

The President will speak on Wednesday to "lay out a broad plan to reduce the nation's soaring deficit and debt." David Plouffe clarifies that Obama "believes we need significant deficit reduction in the coming years."

Powerline rightly interprets Obama's shift as proof that the GOP have seized the high ground on the budget debate. Obama presented his FY 2012 budget on February 14, and the substance did not represent a plan to reduce the deficit. Yet having seen the congressional Democrats fold, the President isn't even offering a defense of his recent proposals. He's hoping no one will notice the road kill that was his budget as he drives forward with a new tone borrowed directly from the Tea Party express.

As Andrew Stiles observes at The Corner:

Harry Reid, Feb. 3, 2011, on Paul Ryan's initial offer of $32 billion in spending cuts:

The chairman of the Budget Committee today, today sent us something even more draconian than we originally anticipated...So this isn't some game that people have been playing. The House of Representatives [is] actually sending us some of these unworkable plans.

Harry Reid, April 9, 2011, on a deal to cut $38.5 billion:

This is historic, what we've done.

John Hinderacker: When the Democrats are trying to take credit for spending cuts (much as President Clinton tried to claim credit for welfare reform, after vetoing it twice), you don't need a weatherman to know which way the wind is blowing.

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