Budget Fun!

Perhaps because there’s so much else going on, the fact that this is budget week still doesn’t seem like it’s really broken through in the headlines. Today you’ve got the president’s ‘fiscal responsibility’ summit. Tomorrow he gives his speech to a joint session of Congress — which is like a quasi State of the Union address — to present the outlines of his budget. And then the president’s actual budget is presented on Thursday.

The White House has been saying they want to find significant savings from Medicare and Medicaid to free up money for a major down payment on health care reform this year. My own sense is that a lot of the chatter about the administration wanting to move in any way on Social Security is overblown.

In this post Jon Cohn games out what the White House has in mind on the health care front.