POTUS Declares the Return of Fiscal Discipline in Huge New Budget

Just an outline, albeit a 134 page one, calls for nearly $1 trillion in tax increases over the next decade. OMB’s Orszag anticipates $9 trillion in new debt in that time. Reductions? Stimpack and “normal business cycles,” ending Bush tax cuts in 2010, ending war in Iraq, efficiency in government. POTUS doesn’t take questions.