Saturday, Apr 13, 2013 1:30 PM UTC
House Budget Committee Chairman Rep. Paul Ryan, R-Wis., a member of the House Ways and Means Committee, holds a copy of President Barack Obama's fiscal 2014 budget proposal book as he questions Health and Human Services (HHS) Secretary Kathleen Sebelius on Capitol Hill in Washington, Friday, April 12, 2013, as Sebelius testified before the House Ways and Means Committee hearing on the HHS fiscal 2014 budget request. (AP Photo/J. Scott Applewhite) (Credit: AP)
Obama’s budget plan limits his bargaining power
Topics: From the Wires, 4 News, Politics News
House Budget Committee Chairman Rep. Paul Ryan, R-Wis., a member of the House Ways and Means Committee, holds a copy of President Barack Obama's fiscal 2014 budget proposal book as he questions Health and Human Services (HHS) Secretary Kathleen Sebelius on Capitol Hill in Washington, Friday, April 12, 2013, as Sebelius testified before the House Ways and Means Committee hearing on the HHS fiscal 2014 budget request. (AP Photo/J. Scott Applewhite) (Credit: AP)WASHINGTON (AP) — President Barack Obama’s budget overtures to Republicans may limit his bargaining power if the GOP ever returns to the negotiating table on a grand deficit-reduction deal.
In essence, Obama’s spending blueprint is a final offer.
Think of it as a no-budge budget whose central elements have failed to persuade Republicans in the past.
He wants to slow the rise of Social Security benefits, but he’s left himself no other gambit to win tax increases from Republicans.
And with many Democrats balking at what he’s offering, it’s not politically feasible for him to offer the GOP anything more.
Puzzled Democrats say Obama has given away his leverage and threatened the very identity of his party.
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