Katrina vanden Heuvel: With Combative Deficit Plan, Obama Is ‘Picking The Right Fights’

Katrina vanden Heuvel: With Combative Deficit Plan, Obama Is ‘Picking The Right Fights’

Katrina vanden Heuvel: With Combative Deficit Plan, Obama Is ‘Picking The Right Fights’

With his combative deficit reduction speech, President Obama’s "picking the right fights, drawing the right lines and setting up the debate for 2012."

Copy Link
Facebook
X (Twitter)
Bluesky
Pocket
Email

Looks like Warren Buffet isn’t the only billionaire with a social conscience. Yesterday, entrepreneur and Dallas Mavericks owner Mark Cuban called on America’s richest citizens to pay their taxes, stating on his blog that contributing to the social fund is "the most patriotic thing you can do." Cuban’s post comes on the heels of Obama’s "combative" deficit reduction speech, which includes a "Buffett Rule" tax on American millionaires and billionaires.

The Nation‘s Katrina vanden Heuvel praised Obama’s shift in strategy on The Ed Show last night, adding that "the majority of Americans are on his side." 

Visit msnbc.com for breaking news, world news, and news about the economy

—Teresa Cotsirilos

Your support makes stories like this possible

From illegal war on Iran to an inhumane fuel blockade of Cuba, from AI weapons to crypto corruption, this is a time of staggering chaos, cruelty, and violence. 

Unlike other publications that parrot the views of authoritarians, billionaires, and corporations, The Nation publishes stories that hold the powerful to account and center the communities too often denied a voice in the national media—stories like the one you’ve just read.

Each day, our journalism cuts through lies and distortions, contextualizes the developments reshaping politics around the globe, and advances progressive ideas that oxygenate our movements and instigate change in the halls of power. 

This independent journalism is only possible with the support of our readers. If you want to see more urgent coverage like this, please donate to The Nation today.

Ad Policy
x