Since the beginning of the year, the conventional wisdom has held that President Obama looks like the favorite to win reelection. The Republican presidential field is weak. Obama is triangulating, dealing with the GOP on tax and spending cuts.His approval ratings hover close to 50 percent, and Republicans just unveiled a budget plan that would revamp Medicare, risking a backlash with seniors, a key GOP bloc.
Source: http://www.realclearpolitics.com/2011/04/13/storm_clouds_ahead_for_president_253697.html
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