text: The primary goal of President Obama’s presser, which just wrapped up, was obvious: He was clearly out to pick a major public fight with Republicans over tax cuts for the rich. Obama mounted a surprisingly aggressive moral case for ending high end tax cuts, casting it as a test of our society’s priorities, and argued — crucially — that anyone who fails to support ending them is fundamentally unserious about the deficit. 
   
   He also went out of his way to highlight GOP opposition to raising revenues by ending a perk for corporate jet owners. This proposal would raise only $3 billion, which means it’s trivial in the larger scheme of things, and Obama’s mention of it seemed deliberately designed to provoke howls of outrage and cries of “class warfare” from Republicans — with the obvious goal of maneuvering Republicans into the role of arch defenders of the interests of the wealthy. 
   
   Obama is picking this fight in order to reframe the deficit and debt ceiling debate as a battle not over government spending — losing turf for Dems — but over who has the most balanced priorities and who is really working in the interests of the whole country. 
   
   Here’s the key quote, which mentions the corporate jet tax break no less than three times: 
   
   If we choose to keep those tax breaks for millionaires and billionaires, if we keep the tax break for corporate jet owners, if we choose to keep tax breaks for oil and gas companies that are making hundreds of billions of dollars, then that means we’ve got to cut some kids off from getting a college scholarship. That means we have to stop funding certain grants for medical research. That means that food safety may be compromised. That means that Medicare has to bear a greater part of the burden. These are the choices we have to make... 
   
   The Republicans say they want to reduce the deficit. Every single observer who’s not an elected official or politican says we can’t reduce our deficit in the scale and scope we need to without having a balanced approach that looks at everything. Democrats have to accept some painful spending cuts that hurt some of our consituencies that we may not like. And we’ve shown a willingness to do that for the greater good... 
   
   If you are a wealthy CEO or hedge fund manager in America right now, your taxes are lower than they’ve ver been. They’re lower than they’ve been since the 1950s. And you can afford it. You’ll still be able to ride on your corporate jet. You’ll just have to pay a little more...My believe is that the Republican leadership in Congress will hopefully sooner rather than later come to the conclusion that they need to make the right decisions for the country, that everybody else has been willing to move off their maximalist position. They need to do the same. My expectation is that they’ll do the responsible thing. 
   
   In another key moment, Obama seemed to draw a line against cost-shifting to seniors to solve the Medicare problem. He said: 
   
   We’re gonna have to look at entitlements. And that’s always difficult politically. But I’ve been willing to say we need to see where we can reduce the cost of health care spending and Medicare and Medicaid in the out years. Not by shifting costs on to seniors, as some have proposed, but rather by actually reducing those costs. 
   
   While there’s good reason for skepticism that the final deal won’t contain some kind of cost shifting, it was good to hear Obama lay down that marker in those terms. 
   
   More broadly, Obama stopped just short of saying he would not accept a final deficit deal without a high end tax hike. But his presser made it clear that he will will relitigate this fight and make it central to the campaign. And while we should keep in mind that Obama did ultimately cut a deal on the high-end tax cuts last time around, those who are hoping he will continue to make a strong moral argument in favor of ending them should be pleased by what they heard. ||||| As I wrote yesterday, Democrats are obsessed with repealing the Bush tax cuts, especially the upper-end. They could use a 12-Step program and a Higher Power. 
   
   President Obama, after signing an extension of the Bush tax cuts last December, relapsed once again at his news conference today. It was the usual bashing of millionaires and billionaires, oil companies, corporate jets (made by Cessna and Hawker-Beechcraft), and investment funds. 
   
   Plus, the president says there’s only about $1 trillion of spending cuts over ten years. Pardon me for being cynical for thinking much of that is phony baloney. 
   
   So the whole debt-ceiling business is going nowhere. Republicans correctly reject tax hikes and the president isn’t yet digging in on spending. There’s no majority in the House for a $600 billion tax hike, and I hope there never is. 
   
   What we have now is certainly not a growth package to perk up the sputtering, less-than 2 percent economy, with its 9.1 percent unemployment rate. No mention at all of a real business-tax-reform overhaul. 
   
   On the plus side, the president did seem to side with Boeing in the NLRB dispute about adding jobs in South Carolina and the state of Washington. Obama said companies should be able to relocate anywhere in the United States. 
   
   But basically his message today was class-warfare, soak-the-rich. Somehow, Democrats are for your kids but Republicans are for your fat cats. It’s so tiresome. It will never sell. 
   
   Obama is in political trouble and he knows it. ||||| By Steve Benen 
   
   President Obama is obviously aware of the fact that congressional Republicans are demanding a massive debt-reduction plan, but expect the deal not to bring in an additional penny in revenue. 
   
   At a White House press conference this morning, the president did a very effective job at putting Republicans in a box. Either policymakers accept a balance approach, Obama argued, or the GOP will be exposed as deficit frauds who care about protecting the rich at the expense of everyone else. Greg Sargent ran this transcript from the event: 
   
   “If we choose to keep those tax breaks for millionaires and billionaires, if we keep the tax break for corporate jet owners, if we choose to keep tax breaks for oil and gas companies that are making hundreds of billions of dollars, then that means we’ve got to cut some kids off from getting a college scholarship. That means we have to stop funding certain grants for medical research. That means that food safety may be compromised. That means that Medicare has to bear a greater part of the burden. These are the choices we have to make…. “The Republicans say they want to reduce the deficit. Every single observer who’s not an elected official or politician says we can’t reduce our deficit in the scale and scope we need to without having a balanced approach that looks at everything. Democrats have to accept some painful spending cuts that hurt some of our constituencies that we may not like. And we’ve shown a willingness to do that for the greater good…. “If you are a wealthy CEO or hedge fund manager in America right now, your taxes are lower than they’ve ever been. They’re lower than they’ve been since the 1950s. And you can afford it. You’ll still be able to ride on your corporate jet. You’ll just have to pay a little more…. My belief is that the Republican leadership in Congress will hopefully sooner rather than later come to the conclusion that they need to make the right decisions for the country, that everybody else has been willing to move off their maximalist position. They need to do the same. My expectation is that they’ll do the responsible thing.” 
   
   The White House message is obviously taking shape. Obama and his team want the public to know the administration is committed to debt reduction and tough choices, which will include calling on broad sacrifice, but which will protect key investments in education and health care. Republicans, on the other hand, aren’t really committed to debt reduction if they’re only willing to look at one side of the budget ledger, aren’t especially concerned about education and health care, and will fight to the death to ensure the wealthy don’t have to sacrifice at all. 
   
   The phrase of the morning is “corporate-jet owner.” I started keeping count of how many times the president used the phrase, and I think I noticed four separate instances. The point was to highlight a $3 billion perk available to those who buy these jets — a perk Republicans won’t touch because it would count as a (cue scary music) tax increase. 
   
   As the process continues, the White House message to the public will be pretty straightforward: we can have a major debt-reduction deal if only Republicans weren’t fighting so hard to protect corporate-jet owners. Why, the argument will go, won’t the GOP look out for students and seniors the way it looks out for the fat cats in the Cessna?
target: – President Obama today cast the budget fight today as a choice between jet owners and ordinary Americans at his press conference. Some reactions: Greg Sargent, Washington Post: "He was clearly out to pick a major public fight with Republicans over tax cuts for the rich. Obama mounted a surprisingly aggressive moral case for ending high end tax cuts, casting it as a test of our society’s priorities, and argued—crucially—that anyone who fails to support ending them is fundamentally unserious about the deficit." Larry Kudlow, National Review: "Basically his message today was class-warfare, soak-the-rich. Somehow, Democrats are for your kids but Republicans are for your fat cats. It’s so tiresome. It will never sell." Steve Benen, Washington Monthly: Obama "did a very effective job at putting Republicans in a box. Either policymakers accept a balance approach, Obama argued, or the GOP will be exposed as deficit frauds who care about protecting the rich at the expense of everyone else." Robert Frank, Wall Street Journal: "Obama has a new term for the people he wants to tax more: jet owners. ... The problem is that most of the people that would be subject to the higher taxes the president wants aren’t likely to be private-jet owners. Someone earning $250,000 a year—among those scheduled for a tax increase in 2012—is unlikely to afford a jet—or even a few charter trips on a jet."