"Of course, there will be those who disagree with my approach. Some will argue we shouldn't even consider raising taxes, even if only on the wealthiest Americans. It's just an article of faith for them. I say that at a time when the tax burden on the wealthy is at its lowest level in half a century, the most fortunate among us can afford to pay a little more. I don't need another tax cut. Warren Buffett doesn't need another tax cut. Not if we have to pay for it by making seniors pay more for Medicare. Or by cutting kids from Head Start. Or by taking away college scholarships that I wouldn't be here without. That some of you wouldn't be here without. And I believe that most wealthy Americans would agree with me. They want to give back to the country that's done so much for them. Washington just hasn't asked them to."The speech is not his most eloquent, just super smart and super refreshing:
Poor Rep. Paul Ryan (R-WI) is fighting to get the most attention and be the brightest John Galt in the room after releasing his feudalistic budget last week:
As if Ryan's feed the rich/starve the rest of us budget wasn't hyperpartisan? With this speech, Obama has lashed the GOP to the budget of their own making, and the U.S. public is against whatever Ryan and his fellow Republicans think they are selling. Per this week's USA Today survey:
Reacting to Obama’s Wednesday speech on deficit reduction, Ryan said that he was first “excited,” then “naively optimistic,” then “disappointed,” then “sad” and finally, in the end, “sincerely disappointed.”
“I was excited when we got invited to attend his speech today,” Ryan, who authored the Republican budget proposal unveiled last week, said just hours after returning from George Washington University where he was given a front row seat for Obama’s address. “I thought the president’s invitation…was an olive branch. Instead, what we got was a speech that was excessively partisan, dramatically inaccurate, and hopelessly inadequate to address our countries fiscal challenges.”
Welcome to the 2012 General Election.
• Are split over whether there should be significant additional cuts in domestic spending: 47% say no, 45% yes. On this issue, there is a yawning divide between the parties. Democrats by 2-to-1 oppose more cuts; Republicans by 2-to-1 support them.
• Overwhelmingly oppose making major changes to Medicare. By 2-to-1, they support minor changes or none at all to control costs, rather than major changes or a complete overhaul. Even a third of Republicans say the government should not try to control the costs of Medicare.
• Favor imposing higher taxes on families with household incomes of $250,000 and above, as Obama has endorsed: 59% support the idea, 37% oppose it.