GOP Stakes 2012 Election On Deficit Reduction

The GOP house has released a budget plan that cuts deficits faster than Obama's plan in the near term and balances the budget by 2040. The plan includes changes in tax policy and dramatic changes to Medicare and Medicaid. It also eliminates Fannie Mae and Fannie Mac along with repealing the Affordable Healthcare Act. The House GOP budget plan will become the hallmark of the 2012 campaign. They must be counting on their media outlets and think tanks to convince the electorate that budget deficits are our most important economic problem.