Hilzoy takes the numbers apart a bit more, including links to other blogs who have done some deeper analysis. The key thing that she points out is around the assumptions around whether the AMT gets fixed and whether Bush’s tax cuts expire. I had always believed that the Obama plan was a way to allow the Bush cuts to expire, but this may be a misunderstanding (and potentially a big one, actually) on my part. Some day I’ll have more time to read in the evenings and I’ll have to dig into this some.

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