Obama Calls Tax Increases "Spending Cuts"

Words mean what Obama says they mean. #HumptyDumpty

When President Obama put out his "balanced" plan to avoid the automatic sequester cuts, no one noticed. Which is probably just as well for Obama, given how embarrassingly unbalanced it is.

Last week, New York Times columnist David Brooks wrote about how Obama "hasn't actually come up with a proposal to avert sequestration, let alone one that is politically plausible."

Turns out, Obama did have one, although Brooks can be excused for not knowing it, since the administration hasn't exactly been promoting this so-called plan.

That, too, is understandable, since it isn't a plan at all, just a list of numbers with little to back them up.

There are no details, for example, about the $200 billion in cuts to defense and domestic discretionary programs, other than that Obama wants them split evenly.

And while he offers $400 billion in "health savings," 30% are lumped in a bucket labeled "other."

Read More At IBD: Obama's Sequester Math: $300 Billion In New Revenues Called 'Spending Cuts' - Investors.com http://news.investors.com/ibd-editorials/022813-646267-obama-labels-new-revenues-as-spending-cuts.htm#ixzz2MIiTxtgN
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