Obama backs Reid debt plan; will speak at 9 p.m. - David Jackson

http://content.usatoday.com/communities/theoval/post/2011/07/obama-backs-reid-debt-plan-over-boehner/1

The Reid plan is a strategic move, not really a solution. The move is that he has exceeded the cuts offered in the current GOP plan, $1.1 trillion to his $2.7 trillion. One of the overlooked reasons the Republicans have been so intransigent is that they pretty much all voted for the Ryan budget, which phases out Medicare. Now on the record they desperately have to get Democrats to go along with them and somehow join them in a "vote against Medicare". Reid's plan is to give lie to their debt stance: it does not touch Medicare and offers no new taxes, only cuts.