Washington Post ^ | May 4, 2012 | Ezra Klein
"In a second term," Mitt Romney darkly warned in a speech to the National Rifle Association last month, President Obama "would be unrestrained by the demands of reelection."
...His only specific prediction was that Obama would "remake" the Supreme Court.
At the end of 2012, we'll face what Federal Reserve Chairman Ben Bernanke calls "the fiscal cliff": The Bush tax cuts are set to expire, the $1.2 trillion in automatic spending cuts initiated when the deficit "supercommittee" failed to reach a deal are set to begin, we're expected to hit the debt ceiling again, and many other programs and tax credits will come up for renewal. Around the Hill, they refer to this as "taxmageddon."
Beyond the deficit, Obama's advisers see two big unfinished pieces of business from the first term: climate change and immigration reform.
(Excerpt) Read more at washingtonpost.com ...
