Sat Feb 23, 2013, 04:32 PM
OregonBlue (4,713 posts)
How Woodward Missed The Mark on Sequester Politics
For the past 18 hours Republicans have been giddily waving around a new article by Bob Woodward as a smoking gun that proves sequestration should be replaced with spending cuts and spending cuts only — and that President Obama once conceded the point.
Here’s the key section, which certainly carries that implication.
he final deal reached between Vice President Biden and Senate Minority Leader Mitch McConnell (R-Ky.) in 2011 included an agreement that there would be no tax increases in the sequester in exchange for what the president was insisting on: an agreement that the nation’s debt ceiling would be increased for 18 months, so Obama would not have to go through another such negotiation in 2012, when he was running for reelection.
So when the president asks that a substitute for the sequester include not just spending cuts but also new revenue, he is moving the goal posts. His call for a balanced approach is reasonable, and he makes a strong case that those in the top income brackets could and should pay more. But that was not the deal he made.
But in this case Woodward is just dead wrong. Obama and Democrats have always insisted that a balanced mix of spending cuts and higher taxes replace sequestration. It’s true that John Boehner wouldn’t agree to include new taxes in the enforcement mechanism itself, and thus that the enforcement mechanism he and Obama settled upon — sequestration — is composed exclusively of spending cuts. But the entire purpose of an enforcement mechanism is to make sure that the enforcement mechanism is never triggered. The key question is what action it was designed to compel. And on that score, the Budget Control Act is unambiguous.
Read the whole thing. It's good. Woodward was offering opinion, not fact.
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