Skip to content
Subscriber Only
Opinion
Timothy Lavin

President Obama's Unserious Tax Plans

The budget has its share of retreads, non-starters and counterproductive tax ideas that make it a less useful document in the war of ideas.

President Barack Obama's new budget proposal won't be going anywhere in Congress. But the president still has the power to set the terms of conversation as the House and Senate try to reconcile their deeply oppositional visions of reform.

In that regard, the primary cost-cutting ideas Obama proposes -- means-testing Medicare and using chained CPI to calculate increases to Social Security benefits -- suggest sensible progress toward a larger compromise.