Whenever you talk about something 10 years from now, it's always basically going to be guesswork, something approaching science fiction and fantasy more than reality.
There is no consensus at all about what the budget debate is supposed to accomplish.
Katrina is to the domestic budget what Sputnik was to the space program,
Compared to those days, it just doesn't have any gravitas as an issue.
This president is losing his capacity to get a major domestic accomplishment because he is unwilling to put any portion of the tax cuts for the highest-income Americans on the table.
It's a shadow of its former self, and it wasn't much to begin with.
It's a way for the administration to get around its 'we'll never-raise-taxes' attitude.
I figured they'd get to about here and then find it difficult. These cuts aren't real until you see the details.