by John Berlau. In his deficit reduction "vision" speech on Wednesday, President Obama tried to distinguish his plan from that of House Budget Committee Chairman Paul Ryan by using a rather crude analogy. The president said, "We have to use a scalpel and not a machete to reduce the deficit." But when it comes to tax hikes -- to extend the analogy -- the Obama administration's 2012 budget is charging ... MOREThe Obama Tax Hike Machete
by John Berlau. In his deficit reduction "vision" speech on Wednesday, President Obama tried to distinguish his plan from that of House Budget Committee Chairman Paul Ryan by using a rather crude analogy. The president said, "We have to use a scalpel and not a machete to reduce the deficit." But when it comes to tax hikes -- to extend the analogy -- the Obama administration's 2012 budget is charging ... MORE