Turns out, the rich can’t pay for everything:
This will not be the last time that the president runs into a conflict between his audacious agenda and his pay-as-you-go guarantee, when only 5 percent of taxpayers are being asked to chip in. Critics from conservative to liberal warn that Mr. Obama has tied his and Congress’s hands on a range of issues, including tax reform and the need to reduce deficits topping $1 trillion a year.
But… but… but… they’re rich.
More seriously, I love that Intrepid Reporter Jackie Calmes parrots the old “pay-as-you-go” promise as if it has already been broken by trillions of dollars. Who edits this stuff?
Probably the same folks who decided to bury this in-depth “analysis” on a Saturday.