First Read notes the early word on President Obama’s budget — to be released on Wednesday — is that it “has been rejected by both the right and left: Boehner opposes the president’s call for new revenues to go along with these entitlement cuts, while the left is furious about the proposed reforms to Social Security and Medicare. The question is whether this anger from the left gives Republicans a second look.”
Sen. Lindsey Graham (R-SC) on Meet the Press: “This is somewhat encouraging. His overall budget’s not going to make it, but he has sort of made a step forward in the entitlement reform process that would allow a guy like me to begin to talk about flattening the tax code and generating more revenue.”
