Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
How Obama Could Kick Republican Ass (If He Wanted To)
Posted
November 15, 2012
Views
49,559
Likes
1,557
Comments
469
Engagement
4.09%
November 15, 2012
49,559
1,557
469
4.09%
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9:45Now Playing"Liberal Democrats in the Senate are warning President Barack Obama not to cave on taxes and entitlements in deficit talks set to begin this week, a move that could complicate efforts by the White House to win the backing of GOP leaders.
West Virginia's Jay Rockefeller and Tom Harkin of Iowa are circulating a letter among their Democratic colleagues that calls on the president to stand firm on revenue, entitlement programs and spending cuts. They're hoping to get as many as 30 Senate Democrats to sign on, Rockefeller said.
For one, it says the president should insist on $1 in revenue for each $1 in spending cuts. It also says that the $917 billion in spending cuts enacted under last year's agreement to increase the debt ceiling should be counted toward the next round of deficit reduction."*
*Cenk Uygur gives his takes on the $1 revenue/$3 cuts plan and compromises that could easily go wrong in Obama's tax compromise. In the end, will Obama be the progressive we saw in the campaign stage, or would we have been stuck following conservative financial interests, regardless of the election's outcome?
Read more from Steven Sloan and Manu Raju/ Politico
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