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Obama Debt Speech George Washington University April, 13 2011

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Author Topic: Obama Debt Speech George Washington University April, 13 2011  (Read 334 times)
Jade Hellene
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« Reply #15 on: April 19, 2011, 11:58:20 pm »

Other Democrats voiced relief over the Gang of Six absence, speculating that both Reid and Sen. Chuck Schumer (D-N.Y.) were growing wary about the bipartisan group's role.

Gang of Six criticism is more intense off the Hill, with several of the nation’s most powerful union groups laying down crisp lines in the sand over elements they consider non-negotiable, such as ending tax cuts for the richest Americans.

“Any plan to reduce the deficit that does not include ending the Bush tax cuts -- a clear contributor to the deficit -- is not a serious plan,” said Michelle Nawar, Director for Legislation at the Service Employees. “Every middle class family should be offended if Congress calls on them to bear the burden for reducing a deficit they did not cause while continuing to handout more tax giveaways to millionaires and corporations. We'll see what the Gang of Six proposes, but how could any Democrat support a plan that cuts needed services for seniors and children while continuing these expensive tax giveaways?”

Nawar's question presumably extends to Obama, who has punted once on letting the Bush tax rates for the wealthy expire (they will now lapse at the end of 2012).

A far more immediate and pressing concern, however, is whether the administration’s attempt to jump ahead of the deficit debate will yield the type of political fruits the White House envisions. The president’s advisers -- chiefly, former Senior Communications Aide David Axelrod –- have long seen benefits to deficit hawk-ery in private polling.

But the payoff this time around has been limited: An ABC News/Washington Post poll released on Tuesday showed that 57 percent of Americans disapproved of the way Obama is handling the economy.

“I think they were concerned about how to give the president credibility on this issue and how to win over some independents,” one top party strategist said of Obama’s speech on Wednesday. “The irony is it won’t give him any. He could have offered $10 billion more in cuts for the CR and it would never be good enough for the GOP.”

Jen Bendery contributed to this report.
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