Tuesday, September 20, 2011

RT @washingtonweek top stories from the last 24 hours September 20, 2011


Washington Week
Our top stories from the last 24 hours:      

On the Radar: September 20, 2011

This Time He Really Means It
By John Dickerson, Slate
The grand bargain is back—and it's angry. President Obama put forward his long-term, $3.6 trillion deficit-reduction plan Monday, and it is patterned on the agreement he nearly reached last summer with his former golfing buddy John Boehner. But this time there was more punch to the plan. The president called for $1.5 trillion in revenue increases, which is $1.5 trillion more than Republicans want. Obama offered the GOP less on Medicare reductions than he had flirted with last summer, too. Read
Obama Draws New Hard Line on Long-Term Debt Reduction
By Jackie Calmes, The New York Times
With a scrappy unveiling of his formula to rein in the nation’s mounting debt, President Obama confirmed Monday that he had entered a new, more combative phase of his presidency, one likely to last until next year’s election as he battles for a second term. Read more
Who wants to tax a millionaire? 
By Greg Ip, The Economist
THIS much can be said for the deficit plan that Barack Obama released today: at least it’s a plan. Mr Obama has spent the first two and a half years of his presidency talking grandly about the importance of getting the deficit down without ever laying out a credible plan for doing so, in the process ceding the initiative to Republicans. Read more
Obama Unveils Deficit Reduction Plan
With John Harwood, CNBC
President Obama called for $1.5 trillion in new taxes Monday. View
Budget analysts say Obama deficit plan is likely to miss its targets
By Lori Montgomery and Jia Lynn Yang, Washington Post
President Obama projects that his new plan for reducing the federal debt will save more than $3 trillion over the next decade by raising taxes on the wealthy and slashing spending on a host of government programs, from farm subsidies to federal worker pensions. Read more
Obama to tout success of Libya policy at UN
By Christi Parsons and Paul Richter, Los Angeles Times
President Obama Tuesday launches a discussion about how the United Nations can support a democratic government in the newly liberated Libya with a key feature -- limited involvement by the U.S. Read more
Fed Weighs More Explicit Economic Goals
With David Wessel, the Wall Street Journal 
What Fed officials may be discussing in their two-day meeting this week.
View
Obama turns fire on Republicans
By Dan Balz, The Washington Post
The deficit-reduction speech President Obama delivered from the Rose Garden on Monday underscores the sharp strategic pivot that he and his administration have made in the wake of the debt-ceiling negotiations. Read more
Rivals ask: Is Perry weak on the right, or left?
By Charles Babington, Associated Press
Rick Perry's Republican rivals are struggling to find a coherent, easy-to-grasp argument against the Texas governor, who tops GOP presidential polls despite attacks from all sides. Read more
U.S. Is Quietly Getting Ready for Syria Without Assad
By Helene Cooper, The New York Times
Increasingly convinced that President Bashar al-Assad of Syria will not be able to remain in power, the Obama administration has begun to make plans for American policy in the region after he exits. Read more
Author Ron Suskind defends White House tell-all book on ‘Today’
By Nia-Malika Henderson, the Washington Post
Ron Suskind, the author of a new White House tell-all that has the Obama administration in vigorous push-back mode, said Tuesday that his book is “densely sourced, and the analysis is pitch-perfect.” Read more