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Live-Blogging the Budget Speech: To Praise Reagan or to Bury Him?

Earlier in the speech, Obama says: “As far back as the 1980s, America started amassing debt at more alarming levels, and our leaders began to realize that a larger challenge was on the horizon”—a clear swipe at Reagan.

Later in the speech, he cites Reagan’s budget director as a respected source on budget issues: “As Ronald Reagan’s own budget director said, there’s nothing ‘serious’ or “courageous’ about [the Republican] plan.”