Plouffe: Obama To Detail Budget Plan This Week

White House adviser David Plouffe said Sunday that Obama will offer his long-term budget deficit plan later this week.
Plouffe's announcement came just days after the Congress made a last-minute budget deal to avert a government shutdown. Obama signed the deal Saturday, which will fund the federal government through Thursday and cut $2 billion in spending.
The New York Times reports:
Appearing on several Sunday morning television talk shows, David Plouffe, Mr. Obama’s senior adviser and former campaign manager, laid out few of the contours of the deficit-cutting plan but sought to distinguish it from a Republican congressional plan announced recently by Paul D. Ryan Jr. of Wisconsin, the chairman of the House budget committee. He said the Republican plan “would give the average millionaire $200,000 in tax cuts” but double the health care costs of senior citizens “$6,000 a year down the road” and trim “energy investment at a time of record gas prices.”
Dan Pfeiffer, White House communication director, said Sunday that Obama would lay out the details of his plan on Wednesday in an address.
But Plouffe did give some hints as to what the proposal will cover.
“Obviously, we need to look at all corners of government,” Mr. Plouffe said." As he said previously, his health care law is $1 trillion in deficit reduction over the next two decades, but we have to do more there. We have to look at more spending here, carefully. As he said, we have to use a scalpel not a machete. And, obviously, this is a distinction with the congressional Republican plan that was announced this week.”
Plouffe also indicated that in Obama's plan, he will repeal the Bush-era tax cuts, and instead increase taxes for those earning more than $250,000 a year.
"People like him, as he'll say, who've been very fortunate in life, have the ability to pay a little bit more," Plouffe said on NBC's "Meet the Press."
It will be interesting to see what the Republican reaction is to President Obama's plan, which will reduce the defecit over the next several years.
So far in the budget battle, neither the Republicans nor the Democrats have come on top with both sides having to make concessions to make Friday's last-minute compromise happen.
Republicans, though, have at least some momentum and will of course argue they are winning.
"The debate is now on our side of the field,” Sen. John Thune (R-S.D.) told Politico. “This is just the opening act. But these upcoming debates are not going to be about whether we’re going to reduce the cost and size of government, but how much. That’s very good ground for Republicans to fight on.”
Obama's address Wednesday may shift the debate in his favor, though. But no matter what it will definitely add more fuel to the fire.
Watch a mashup put together by Politico of Plouffe's Sunday talk show appearances below: