A look at Obama's 'deficit dilemma'

The New York Times: A Measure Of Change: Obama's Deficit Dilemma
Yet starting with that April speech, Mr. Obama has come to adopt most of the major tenets supported by a majority of the commission's members, though his proposals do not go as far. He has called for cutting deficits more than $4 trillion over 10 years by shaving all spending, including for the military, Medicare and Social Security; overhauling the tax code to raise revenues and lower rates; and writing rules to lock in savings (Calmes, 2/27).