His plan, which has little chance of getting through Congress in one piece, sets up the congressional and presidential elections as an ideological battle over taxes and spending.Not a comment (by me) after the jump:
With opinion polls showing most Americans disillusioned with his economic leadership, winning re-election may hinge on his success in painting Republicans as the party of the rich.
Greenwald nails it, hangs it up in his office, and poses for a picture next to it. (whoops)
Plus this:Vast Left-Wing Conspiracy.
If you clicked the news story or my link to Reuters, you noticed that the story has changed. Last updated at around 8 pm, the new hed is "Obama offers $3.6 trillion deficit plan, would up taxes." The lede is "President Barack Obama laid out a $3.6 trillion plan on Monday to cut budget deficits partly by raising taxes on the rich, but Republicans rejected it as a political stunt and made clear the proposal has little chance of becoming law."
UPDATE: Dean Baker has a good point on another conceit the original article above indulges in: "His plan ... sets up the congressional and presidential elections as an ideological battle over taxes and spending."