Whenever President Obama signals his support for some lofty idea, sometimes in soaring rhetoric, we need always ask for the details. In his campaign, he promised us hope and change, but what exactly were we hoping for? What changes was he promising?
He was going to giving us a “net spending cut”, but never spelled out the specific government programs he was going to cut. Just over three months ago, he delivered a major speech on the budget, yet provided no specifics of how he was going to get federal spending under control.
Yesterday, we read that he had praised the deficit-reduction plan of the bipartisan “Gang of Six”. (Gotta love how Yahoo! include the Obama mantra of “hope” in the AP article they published.) Today, Conn Carroll reports in the Washington Examiner:
If the Gang of Six’s goal was to produce a detailed and credible plan to reduce our nation’s deficits and solve the debt limit crisis, then they failed spectacularly yesterday. The plan they released contains no specific spending cuts, kicks all the major decisions down the road to Senate committees and congressional commissions, and depending on what baseline you use, raises taxes by as much as $3 trillion. And Majority Whip Dick Durbin, D-Ill., a member of the Gang of Six, admitted yesterday that the details of the plan are nowhere near firm enough to be scored by the Congressional Budget Office before the August 2nd deadline.
Emphasis added. Details nowhere near firm enough to be scored by the CBO. Now, why does that sound familiar?