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View Diary: Krugman asks the President a question on Republican obstructionism (213 comments)

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  •  Obama's plan in his own words (3+ / 0-)
    It will probably be messy. It won’t be pleasant. But I am absolutely confident that we can get what is the equivalent of the grand bargain that essentially I’ve been offering to the Republicans for a very long time, which is $2.50 worth of cuts for every dollar in spending, and work to reduce the costs of our health care programs.

    And we can easily meet — “easily” is the wrong word — we can credibly meet the target that the Bowles-Simpson Commission established of $4 trillion in deficit reduction, and even more in the out-years, and we can stabilize our deficit-to-GDP ratio in a way that is really going to be a good foundation for long-term growth. Now, once we get that done, that takes a huge piece of business off the table.

    http://www.washingtonpost.com/...

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    by The Dead Man on Fri Nov 09, 2012 at 09:14:11 AM PST

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