How Liberals Killed The ‘Grand Bargain’

See on Scoop.itDidYouCheckFirst

They’re already looking ahead to the next battle.

Greg Russak‘s insight:

 by BRETT LOGIURATO, FEB. 21, 2014, 9:21 AM

 

The "Grand Bargain" — the mythical agreement between Democrats and Republicans to cut entitlement spending — has died.

The cuts to Social Security that were included in President Barack Obama’s budget last year were viewed as a necessary olive branch to Republicans at the time. Many Democrats in Washington, including the President, thought it should be on the table to strike a deal — the elusive "grand bargain" on the budget.

A year later, the paradigm has completely swung. Obama will drop the proposal from his budget this year. Led by Sens. Tom Harkin (D-Iowa), Sherrod Brown (D-Ohio), and Elizabeth Warren (D-Mass.), many Democrats now not only oppose the cuts, but also favor an expansion of Social Security benefits. 

"It is really amazing how much the conversation has shifted," one Senate Democratic aide told Business Insider.

Read more: http://www.businessinsider.com/chained-cpi-social-security-progressives-obama-budget-2014-2#ixzz2u6FWXTZR

 

See on www.businessinsider.com

The Worst of Paul Ryan’s Budgets

See on Scoop.itDidYouCheckFirst

President Obama is trying to charm a party that clings to calcified ideas on spending and taxes. Just look at the latest from Representative Paul Ryan.

Greg Russak‘s insight:

Ryan and Romney were soundly beaten. The reasonable conclusion is that their ideals and vision do not have great appeal or support. From the looks of things, Ryan is simply doubling down because that’s what ideologues do. It’s all they know how to do.

See on www.nytimes.com