Tuesday, April 12, 2011

Steve Benen to Liberals. Chill the @#$% out until tomorrow...

Steve says it best:

To be sure, if Obama takes the stage tomorrow and embraces Simpson/Bowles as his own, I'll be severely unhappy. I wasn't a fan of the fiscal commission -- which, by the way, never had enough support to actually endorse the Simpson/Bowles plan -- and think this would be a horrible place for Democrats to start talks on long-term debt reduction.

But here's the thing: I rather doubt the Simpson/Bowles plan will be Obama's plan. It seems far more likely to me that the president will present a very different vision, and make it seem as if it's the Simpson/Bowles plan.

Indeed, just this morning, Rep. Chris Van Hollen (D-MD), who has solid progressive credentials, spoke at the Center for American Progress, and slammed Paul Ryan's House GOP plan. Van Hollen added, however, that Simpson/Bowles offers a "basic approach ... which is to look at both sides of the deficit equation, that is revenue and spending" that can serve as "an important starting point."

That intensified the freak-out -- Look! Van Hollen is endorsing Simpson/Bowles, too! -- but it shouldn't have. All the Maryland Democrat was talking about was the "basic approach" of Simpson/Bowles, because it included a combination of spending cuts and tax increases. Van Hollen is endorsing looking at both sides of the ledger, which is the standard Democratic line.

Ezra added this afternoon that his White House sources are saying the president's won't "primarily be an endorsement of Simpson-Bowles," and "this will make more sense tomorrow."

To make a short story long, I'm suggesting we put the apoplexy on hold for 24 hours.

No comments: