Heritage Foundation experts live-blogged President Obama’s State of the Union address on Tuesday evening. Below are excerpts from their reactions.
A ‘Balanced’ Approach to Deficit Reduction
President Obama called for more “balance” in reducing the deficit, though according to Heritage expert Patrick Knudsen this actually means higher taxes:
With the government drowning in red ink, Obama offers a life preserver made of lead: more spending. He has already pocketed a $618 billion tax increase in the fiscal cliff deal (in addition to $1 trillion in new Obamacare taxes). He needs to accept that true “balance” has two sides—and start cutting spending.