MORE ON OBAMA’S BUDGET PROPOSALS FROM KEITH HENNESSEY: A Fundamental Fiscal Deception.

UPDATE: David Freddoso: The Math Is In, And It Says Obama’s Speech Was Just Class Warfare. “If Obama was serious about tax reform, he would present a reform plan that isn’t just a tax increase in disguise. And if he was at all serious about reducing the deficit, he would at least avoid presenting his tax hikes alongside massive new deficit-spending proposals.”