10 year plan?

I have been puzzled all day on the timing of Obama's 10 year spending plan. Is Obama being moralistic in telling us up front about the higher taxes and reduced defense spending that is due to follow? Or did Jindal's failure to offer a significant rejoinder the other night give Obama the clout to dump all the softballs out onto the green, knowing full well that the GOP lacks a slugger?

Or maybe it's politics of another variety. This morning I was pondering what would trigger ratings agencies to downgrade the US. I still don't know the answer to that particular question, but maybe Obama's plan hints at it. There's really no other reason to lay down the reality of fiscal responsibility in this time. Yes, we're that close to the brink. The president is telling the bond analysts and CDS spread geeks not to worry about the country's future ability to pay its obligations. I wonder if the dollar will rally or sink in light of this?