President Obama certainly answered those who say he has no ideas for deficit reduction. In the process, of course, he provided numerous specific targets for his opponents. “This is not class warfare. It’s math,” Obama said of his plan, which includes repealing the Bush-era tax rates for couples making more than $250,000 and a “Buffett Rule” newly taxing millionaires. But charging corporate jets more per flight, for example, didn’t fly under President Bush. Four other ideas that a Washington Post blog highlighted as unexpected: Reforming the U.S. Postal Service, including by refunding $6.9 billion in pension overpayments; cutting back flood insurance; selling off federal property; and capping contractors.
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