Billy, with all due respect, the President's proposal to cut the deficit by $4 trillion, including putting Medicare and Social Security on the table, is a pretty ballsy move in my opinion.

No one wants to read the details of the Gang of Six proposal, the one the President endorses, but it's clear it makes him very unpopular with the Democratic base. The proposals made relative to revenue increases actually reduces individual tax rates and simplifies the tax code. The revenue increases come from the elimination of loopholes and unnecessary tax benefits and credits given to very narrow business groups as the result of lobbying efforts over the years. Heck, even all of the major business groups have come out in favor of the Senate proposal.

In my opinion to say that he simply won't take any risk is simply wrong.