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Mon Nov 12, 2012, 12:03 PM

Leaked deal memo for last year’s Grand Bargain: “Obama willing to go quite far”

“This is a confidential document, last offer the president — the White House made last year to Speaker Boehner to try to reach this $4 trillion grand bargain. And it’s long and it’s tedious and it’s got budget jargon in it. But what it shows is a willingness to cut all kinds of things, like TRICARE, which is the sacred health insurance program for the military, for military retirees; to cut Social Security; to cut Medicare. And there are some lines in there about, “We want to get tax rates down, not only for individuals but for businesses.” So Obama and the White House were willing to go quite far.”

Yes, “quite far” indeed.

The Deal memo

Now from the memo, here’s a couple of tastes (view the whole memo here). The colored markup is mine. The penciled markup is presumably Woodward’s or his staff’s. On that suite of cuts, including cuts to military benefits:



On Medicare and tax rates:



On Medicare spending:



On Social Security and taxes:




oh shit:
http://americablog.com/2012/11/leaked-deal-memo-for-last-years-grand-bargain-obama-willing-to-go-quite-far.html

3 replies, 1077 views

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Reply Leaked deal memo for last year’s Grand Bargain: “Obama willing to go quite far” (Original post)
kpete Nov 2012 OP
emulatorloo Nov 2012 #1
Matt_in_STL Nov 2012 #2
emulatorloo Nov 2012 #3

Response to kpete (Original post)

Mon Nov 12, 2012, 12:32 PM

1. What is a "Nabors Draft?" Why does it say "Woodward" on the top of every page?

What makes you think this is for real? Who or what is Nabors?

Do you still find Woodward credible? Personally I take what he says with a boulder of salt.

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Response to emulatorloo (Reply #1)

Mon Nov 12, 2012, 12:36 PM

2. My guesses

Nabors Draft probably replies to Rob Nabors who handled the President's legislative agenda and worked between him and Congress.

Woodward's name is at the top of each page from the fax machine I would guess.

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Response to Matt_in_STL (Reply #2)

Mon Nov 12, 2012, 12:38 PM

3. Thanks.

so a DRAFT doc from July. Not a real doc, but a draft. Received by Woodward. Written up by a blogger at ameriblog who does not publish under his real name.

All the elements for a DU meltdown.

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