11:0: VP Biden attends the inaugural speech of President Enrique Peña Nieto of Mexico at the National Palace
11:05: PBO arrives in Philadelphia
11:45: Tours The Rodon Group manufacturing facility
12:05: Delivers remarks
2:00: Departs Philadelphia
2:55: Arrives at the White House
NYT: Timothy Geithner presented John Boehner a detailed proposal on Thursday to avert the year-end fiscal crisis with $1.6 trillion in tax increases over 10 years, $50 billion in immediate stimulus spending, home mortgage refinancing and a permanent end to Congressional control over statutory borrowing limits.
The proposal, loaded with Democratic priorities and short on detailed spending cuts, met strong Republican resistance …. the details show how far the president is ready to push House Republicans. The upfront tax increases in the proposal go beyond what Senate Democrats were able to pass earlier this year….
…. Senate Democratic leaders left their meeting with Mr. Geithner ecstatic. If the Republicans want additional spending cuts in that down payment, the onus is on them to put them on the table, said Senator Harry Reid of Nevada, the Democratic leader.
Steve Benen: President Obama had to endure some deeply unpleasant experiences with Congress over the last couple of years, but the result of the incidents taught him valuable lessons. It’s clear, especially after last year’s debt-ceiling crisis, that the president now knows exactly how to negotiate with reckless, radicalized Republicans.
…. The days of preemptive concessions and negotiating from a defensive crouch are over …. Obama is acting like a confident, re-elected president who expects congressional Republicans to start moving in his direction, not the other way around. GOP leaders aren’t accustomed to this dynamic, but it’s probably time they adapt to their new surroundings.
…. Republicans desperately want the president to negotiate with himself …. Obama clearly isn’t willing to play that game anymore.
Greg Sargent: … the White House position is that it has laid out what it wants in the way of new revenue and spending, and that it’s now up to Republicans to detail their bottom line on cuts. It’s the GOP’s turn now. This opening bid will cheer liberals – it strongly suggests the White House is willing to push Republicans very hard, in the belief that it has all the leverage.
The Daily Dolt: Humanity’s most divisive figure, Barack Hussein Obama, is set to become the first president since Dwight Eisenhower in 1956 to win over 51% of the popular vote twice. The Great Divider is currently at 50.9% of the popular vote, and his lead continues to expand as results are still being tallied.
….. now we shall commence with the childish, entirely unprofessional gloating segment of this blog post:
Suck it, Marco Rubio. Suck it, Mitch McConnell. And suck it, Reince Priebus.