The President's abuse of the word "balanced"
Obama's idea of balance is that his spending should be balanced with higher taxes on those who are already paying more than their fair share. The only cuts he favors are those that gut defense. It is curious that he is not called on this language abuse. If he were really interested in balance he would favor a balanced budget but that is not a balance he supports.
President Obama suggested that it was time to close out the politics of austerity and move to a more balanced approach on fiscal issues.