Obama's $3 Trillion plan: What will he veto?

I have been on the fence on Obama's performance for some time. Is his willingness to accommodate the GOP due to a lack of a spine or because he knows something we don't? Like maybe working with the GOP in Congress he might know that they are in fact genuinely totally fruit-bat insane and not just pretending to be crazy to strengthen their negotiating position.

So for me what is important about the proposed $3 Trillion deficit plan is not what is on the bargaining table but what Obama will veto and what is the default outcome should no compromise be reached.

As things stand the default outcome is that all the Bush tax cuts end and there are significant across the board cuts including for the military. There are cuts in Medicare payments, but those would fall on providers. All things considered the default outcome is already one of the least bad that progressives might realistically hope for.

It is not that I particularly like the default outcome, I just don't see that negotiating with the GOP is going to result in anything better.

Obama has already said that he will veto any cuts in Medicare without an increase in taxes on the wealthy. That is a good starting point, though John raises some legitimate concerns about what the President may not veto.

What I would like to see in addition is for Obama to state that he will veto any extension of the Bush tax cuts for his wealthiest friends even if that means vetoing an extension of the middle class tax cut as well.