what a weenie
Debt-ceiling talks hit brick wall as President Obama, GOP trade jabs - TheHill.comSome of the $1.7 trillion in new revenue in the $4 trillion deal would have been found by counting the expiration of the Bush tax rates for the wealthy, these sources said. Obama had suggested this would not be a tax increase if it were offset by a future promise of tax reform that ultimately lowered all rates, including the rate paid by the wealthiest taxpayers.
The president also disputed Republicans who have suggested he is looking to immediately raise taxes, saying that what he is proposing would not take effect until 2013.
it's called caving by degrees
Bush, didn't do anything of the sort, the Republican congress, and demo congress that authorized these expenditures. You can't have it both ways, saying that Bush was responsible for spending while he was in office, yet rejecting that Obama is responsible for spending now.
Further, this reckless spending that repubs in congress did while they had control was a major factor why they lost the majority in '06, yet the Pelosi led congress put spending and corruption on steroids.