Monday, September 19, 2011

Obama's "Go Medium" proposal?

Today, President Obama laid out the ground work for his budget-cutting proposal for the new "Super Committee" to consider. And so far, there has been a pretty mixed reaction to his proposal.

As expected by most political wonks, the GOP as a whole has attacked his proposal as "class warfare" because it proposes having those who make more than $1 million per year to pay the same tax percentage as middle class Americans, now being called the "Buffet Rule".

Personally, I haven't made up my mind about what I think of the President's plan just yet (waiting for more specific figures and more expert analysis), but the good people at the Committee For A Responsible Government has released a brief statement on the President's plan:

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