The Huddle: Meeks on 'crony express'
BREAKING OVERNIGHT: THE PRESIDENT'S PLAN FOR DEFICIT REDUCTION -- "President Barack Obama will release a plan Monday to cut the federal deficit by $3 trillion over the next decade, drawing half the savings from new tax revenue and sparing Medicare recipients from having to wait longer to collect benefits, senior administration officials said Sunday," Carrie Budoff Brown and Jennifer Epstein write for the hometown paper. "His proposal forces Republicans to side with corporations and the wealthy, sidesteps the most controversial remedies for overhauling Medicare and Social Security, and offers up a populist-sounding “Buffett Rule,” which would prohibit millionaires from paying a lower tax rate than middle-class Americans. ... Responding to pressure from progressives, the president will not seek an increase in the Medicare eligibility age from 65 to 67 ... 'What we were talking about with the speaker was designed to get majorities in the House and Senate,' one administration official said. 'This is the president’s vision.' His plan will slice $248 billion from Medicare and $72 billion from Medicaid, hitting both health care providers and beneficiaries. The White House will not provide specifics on the proposed reductions until Monday." http://politi.co/niBKJh WHY REMEMBER THAT? -- The president's team suggests from the starting gate that he will need to compromise if he hopes to get his plan passed. That's a far cry, in tone and substance, from the message of "Pass this bill." Can you imagine House Republicans starting out a negotiation by conceding that they don't expect to get what they proposed? SCOOP DU JOUR: MEEKS ON 'CRONY EXPRESS' -- From the New York Post's Isabel Vincent and Melissa Klein comes the story of Gregory Meeks' relationship with Allen Stanford. "The e-mail was flagged “Importance: High.
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In Third Debate, Perry More Prepared But Stumbles
And he'd prepared some key attacks, on his lead opponent Mitt Romney's apparent support for Race to the Top, President Obama's competition for public education funding, and on the former Massachusetts governor's state health insurance mandate,
The Huddle: Meeks on 'crony express'
At the same time, some long-standing breaks have exploded in value, such as the deduction for mortgage interest and the tax-free treatment of health-insurance premiums paid by employers. All told, federal taxpayers last year received $1.08 trillion in
Special Report Transcript * Tuesday, September 13th
The owner of a Southern Arizona gun store says he feels betrayed by federal agents who used him to sell weapons that ended up in the hands of criminals. "Lost Angeles Times" reports other firearms dealers also had concerns over the program known as
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