NewsBusters has a piece explaining that the Dems have all but abandoned the fiscal ship (if there ever were one to begin with):

…It has now been five days since Politico’s Ben Smith published a powerpoint presentation created by an amalgamation of powerful left wing interest groups, conceding that two of the central arguments for passing ObamaCare – that it will lower the deficit and will reduce health care costs – have failed.

For a group of organizations integral to the passage of the law, that was a stunning admission. And yet, the mainstream press is nearly silent on the issue. Searches on Nexis and Google News reveal no coverage from the major television networks, the cable news channels (with the exception of Fox), the New York Times, the Los Angeles Times, USA Today, NPR, PBS, or Newsweek. To their credit, Time Magazine and the Washington Post published a blog post each on the revelation.

Even while discussing ObamaCare and its potential effects on the deficit and health care costs, some media outlets managed to avoid any mention of a fact Democrats now seem to be conceding: “the White House’s first and most aggressive sales pitch have essentially failed,” as Smith notes….

[….]

Byron York explains the significance of Herdon’s recommendations:

It’s a stunning about-face for a party that saw national health care as its signature accomplishment. “This is the first time we’ve seen from Democrats that they clearly understand they have a serious problem in terms of selling this legislation,” says Republican pollster David Winston.

The reluctance to defend Obamacare as a cost-cutter and deficit-reducer is particularly telling. Wasn’t that the No. 1 reason for passing the bill in the first place? “This legislation will … lower costs for families and for businesses and for the federal government, reducing our deficit by over $1 trillion in the next two decades,” President Obama said when he signed the bill into law on March 23. Now, Democrats are throwing that argument out the window…

The story might be even worse than that for Democrats. Everyone knows the public’s top issue is the economy. It has been since before Obama took office. So when the president and Democratic congressional leadership devoted a year to passing national health care, Republicans charged they were ignoring the public’s wishes. Now, when Democrats admit that Obamacare won’t cut costs or reduce deficits, they open themselves up to a more serious charge: they spent a year working on something that will actually cost jobs and make things worse.

The liberal interest group coalition’s recommendations speak volumes about the political and policy failures of the administration and the Democratic Party’s congressional leadership. And yet virtually all major media players are silent on the admission.

…(read more)…