Obama Budget: "It's On!"

Rejoice all you supporters of President Obama who were wondering why he seemed to spend so much time making nice with Republicans in Congress in the first weeks of his administration to win their support for his agenda.

In his weekly address Obama snatched back the olive branch he has offered to his political opponents and said the work of bringing change to the American people, defined in his $3.55 trillion budget to Congress, will begin in earnest.

In other words, IT'S ON!

"I know these steps won't sit well with the special interests and lobbyists who are invested in the old way of doing business, and I know they're gearing up for a fight as we speak. My message to them is this: So am I,"

Obama said.

The president pointed out "special interest and lobbyists" as he should, but anyone who knows how to read knows he is talking about Republicans who will fight tooth and nail to chip away his fiscal 2010 budget and insert more goodies in the form of tax breaks and subsidies for the affluent.

In the same way that the Bush presidency will be judged by his war in Iraq, the Obama presidency may end up being measured against his success in keeping this budget intact and whether it helps the nation. It offers a stunning change to the way business in conducted.

It seeks to cut subsidies for big farms and tax polluters to reduce global warming; it puts a hefty tax on big earners and reduces reimbursements for Medicare and Medicaid treatments.

In short, the rich and wealthy better start to seek cover.

Republicans in Congress and their minions like Rush Limbaugh have already begun attack the budget as a wealth transfer from the rich to the poor. There is an element of truth to their protests. The middle class does get some needed relief in the budget and it does come largely on the backs of the most affluent Americans.

That is a good thing. Billionaire Warren Buffett has said that people in his earnings bracket should be paying more in taxes. He understands the middle class has done more than its share for a long time.


_________________
Paul Shepard blogs the Democrat side of politics for Black Voices. He has been a journalist for 16 years on the national urban/minority affairs beat for The Cleveland Plain Dealer and for AP in Washington, D.C. He now runs his own public affairs firm, Shepard Strategic Communications

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