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Politics : Mainstream Politics and Economics

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To: koan who wrote (39457)2/23/2013 10:37:13 AM
From: longnshort4 Recommendations   of 85487
 
Bob Woodward: 'Obama is a Liar'

Posted by Aurelius at 11:53 PM
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Pointed words from a respected, and unexpected, source. From the Washington Post (emphasis mine):
Misunderstanding, misstatements and all the classic contortions of partisan message management surround the sequester, the term for the $85?billion in ugly and largely irrational federal spending cuts set by law to begin Friday.

What is the non-budget wonk to make of this? Who is responsible? What really happened?

The finger-pointing began during the third presidential debate last fall, on Oct. 22, when President Obama blamed Congress. “The sequester is not something that I’ve proposed,” Obama said. “It is something that Congress has proposed.”

The White House chief of staff at the time, Jack Lew, who had been budget director during the negotiations that set up the sequester in 2011, backed up the president two days later...

The president and Lew had this wrong. My extensive reporting for my book “The Price of Politics” shows that the automatic spending cuts were initiated by the White House and were the brainchild of Lew and White House congressional relations chief Rob Nabors — probably the foremost experts on budget issues in the senior ranks of the federal government.

Obama personally approved of the plan for Lew and Nabors to propose the sequester to Senate Majority Leader Harry Reid (D-Nev.). They did so at 2:30 p.m. July 27, 2011, according to interviews with two senior White House aides who were directly involved...

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.
Barack Obama: Liar

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