President Obama's budget proposal - is already drawing criticism from both sides of the aisle. His budget blueprint is calling for cuts to Medicare and Social Security and includes tax increases. The president says it's courageous and stands by it.
"[D]ebate in this town has raged between reducing our deficits at all costs and making the investments necessary to grow our economy. And this budget answers that argument. We can grow our economy, and shrink our deficits," Pres. Obama said.
Outfront tonight: Stephen Moore, member of the Wall Street Journal editorial board and Hillary Rosen, democratic strategist and a CNN political contributor.
It looks like nobody's too keen on President Obama's new budget plan, including President Obama.
"The offer that the president made to Speaker Boehner and which is incorporated in the president's budget is not the president's ideal approach to our budget challenges," said White House Press Secretary Jay Carney.
And for once, everyone in Washington agrees. Of course the plan includes tax hikes – a non-starter for Republicans.
But the president is also calling for cuts to Social Security and Medicare - a non-starter for his own base.
So does this new proposal stand a chance or is it a waste of time?
Outfront tonight: Hugh Hewitt, Host of the nationally syndicated Hugh Hewitt radio Show and Jim Kessler, Senior Vice President and a co-founder of Third Way.
Turbo Tax tries to make your taxes tougher. Intuit, the company behind the tax preparation program has spent millions in lobbying dollars to make sure that filing your taxes remains as painful as possible.
They claim it's to keep the government in check. But does their fight against tax reform - add up?
Tom Foreman's OutFront with the story.
A city councilman in Berkeley, California is floating the idea of taxing emails as part of a broader Internet tax that could be used as a way to help the local economy.
The idea may not be as far-fetched as it sounds. The law prohibiting such a tax - expires next year.
OutFront tonight: Liberal radio show host Stephanie Miller, CNN Contributor Reihan Salam, and Matt Welch, editor-in-chief of Reason Magazine.
These past few weeks, President Obama has been on what’s been coined the ‘charm offensive,’ reaching out to Republicans in the hopes of finding some common ground to solve the fiscal problems facing our country.
It's all part of the President's plan to build a "common-sense caucus."
It would be a remarkable accomplishment if Democrats and Republicans were actually able to reach across the aisle, because lately, when it comes to the economy, the Right and Left have only been able to agree on one thing: The forced spending cuts of sequestration were a pretty "stupid" thing to do.
But if it was really so stupid, why did our lawmakers allow it to happen? FULL POST