Here's Obama's Secret Debt Strategy

Don’t kid yourself: President Obama understands the math. He knows federal finances are on an unsustainable long-term trajectory. His Office of Management and Budget produces the same scary debt charts as Paul Ryan’s House Budget Committee (though it doesn’t publicize them with quite the same zeal). But unlike Ryan and House GOPers, Team Obama has never publicly put forward a long-term plan to prevent a future debtmageddon; he has only sketched a path for (more or less) stabilizing debt levels over the coming decade. After that, it’s “Here Be Dragons.”