Finally, a budget that makes sense.
You have to give credit where credit is due. For the first time since taking the office, BHO has presented a reasonable proposal. Strictly speaking, it's not even a new proposal. I call it a return to sanity. It simply restores the status quo that we had before baby Bush's ill-advised tax cuts. All intelligent people back then, including Buffett, told baby Bush the budget could not afford these cuts, and lo and behold, they were right. The budget could not afford them. Time to recognize this simple fact, let the cuts expire, and to go back to the tax system that we had for many decades before Dubya and did quite well with it. It would be even better if BHO's budget proposals were not intended as a bargaining chip and actually became law, but I guess that would be asking for too much.