Yesterday House Republicans shifted course and agreed to extend the payroll tax cut without insisting on spending cuts elsewhere to offset the cost. They also largely dismissed the $3.8 trillion budget President Obama submitted for fiscal 2013. His 220 page document which spells out his spending proposal includes higher tax rates for the wealthiest Americans and puts off action on the national debt. The plan is not likely to gain traction in Congress, but it does offer insights into the administration’s election year priorities. Please join us to talk about reaction to President Obama’s fiscal 2013 fiscal budget proposal and the ongoing debate over tax reform, stimulus spending, and deficit reduction.