President Proposing Tax Hikes

WASHINGTON — Seeking an elusive middle ground, President Barack Obama is proposing a 2014 budget that embraces tax increases abhorred by Republicans as well as reductions, loathed by liberals, in the growth of Social Security and other benefit programs.

The plan, if ever enacted, could touch almost all Americans.  The rich would see tax increases, the poor and the elderly would get smaller annual increases in their benefits, and middle income taxpayers would slip into higher tax brackets despite Obama’s repeated vows not to add to the tax burden of the middle class.  His proposed changes, once phased in, would mean a cut in Social Security benefits of nearly $1,000 a year for an average 85-year-old, smaller cuts for younger retirees.

Obama proposed much the same without success to House Speaker John Boehner in December. The response Friday was dismissive from Republicans and hostile from liberals, labor and advocates for the elderly.

But the proposal aims to tackle worrisome deficits that are adding to the national debt and placing a long-term burden on the nation, prompting praise from independent deficit hawks.  Obama’s budget also proposes new spending for public works projects, pre-school education and for job and benefit assistance for veterans.

Read more:  http://www.timesleader.com/news/national-news/412726/President-proposing-tax-hikes

Where Obama Did Better — And Where He Did Worse

Editor’s note:  Very interesting election analysis regardless of which side you are on.  Shows the differences between McCain and Romney’s efforts in their respective run for President again Obama.

President Obama carried fewer states than he did four years ago.  He won a second term by dominating the nation’s large urban areas — although mostly by smaller margins compared to his 2008 vote totals.

To view interactive maps for each state, by county, for 2008 and 2012 click here:  http://www.washingtonpost.com/wp-srv/special/politics/obama-better-or-worse/?hpid=z3