In Budget, Obama’s Unfettered Case for Spreading the Wealth

WASHINGTON — President Obama presented a budget on Monday that is more utopian vision than pragmatic blueprint. It proposes a politically improbable reshaping of the tax code and generous new social spending initiatives that would shift resources from the wealthy to the middle class.

Absent from the plan is any pretense of trying to address the main drivers of the long-term debt — Social Security and Medicare — a quest that has long divided both parties and ultimately proved impossible. The document instead indicates that Mr. Obama, after years of being hemmed in on his fiscal priorities because of politics and balance sheets, feels newly free to outline an ambitious set of goals that will set the terms of a debate between Democrats and Republicans and shape the 2016 presidential election.

“It’s a visionary document and basically says, ‘You’re with me or you’re not,’ and we can have big philosophical arguments about the role of government, and perhaps in 2016 we will,” said Jared Bernstein, a senior fellow at the Center on Budget and Policy Priorities and a former top economic adviser to Vice President Joseph R. Biden Jr.

Yet the budget confirms that for Mr. Obama, the era of searching for a “grand bargain” with Republicans on entitlements and spending — an exercise that alienated liberal Democrats who were loath to consider any measure to rein in Medicare and Social Security — is over.

Entitlement programs would rise from 13.2 percent of the economy this year to 14.8 percent in 2025, while domestic and military spending would fall from 6.4 percent to 4.5 over a decade.

The New York Times