“President Obama’s Budget: Come Honesty About Taxes-Finally” by NY Times Editorial
February 27, 2009, 1:00am

President Obama’s first budget recognizes what most of Washington has been too scared or ideologically blind to admit: to recover from George W. Bush’s reckless economic policies, taxes must go up.

Mr. Obama’s blueprint, released on Thursday, commits to cutting by more than two-thirds, by 2013, the $1.75 trillion budget deficit that Mr. Bush dumped on the nation.

From The New York Times