Obama 2014 budget analysis: Numbers based on imagined spending cuts and a middle-class tax hike

Obama 2014 budget analysis: Numbers based on imagined spending cuts and a middle-class tax hike | Mail Online:
"Early analysis: Obama's 2014 budget numbers are based on bad math, phantom revenues, imagined spending cuts and a middle-class tax hike
White House promises $1.8 trillion in deficit reduction, although similar previous claims have been debunked.

New method of measuring cost-of-living increases will lower benefit payouts and push middle-class earners into higher tax brackets
Speaker Boehner's spokesperson: 'Any deficit reduction will come exclusively from tax hikes'
Administration's formula depends on cost savings from Obamacare, which may be more costly to implement than previously thought"