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Monday, September 19, 2011

"This is not class warfare. It's math."

Posted by Eli Sanders on Mon, Sep 19, 2011 at 10:44 AM

President Obama this morning, presenting his plan to lower the deficit by $3 trillion—including $1.5 trillion in new taxes, mostly on the wealthy.

It's 20 minutes long, but hey, you've probably spent 20 minutes in the last few months complaining about how Obama doesn't have a spine, has caved to Republicans on everything, etc.

Well, here's 20 minutes in which Obama stands directly on a political third rail—one resulting headline: "Obama calls for $1.5 trillion in new taxes"—and, on top of that, threatens to veto any deficit reduction plan from Congress that doesn't raise new revenue.

Happier now?

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