"This is the level of denial we are dealing with from the Third Way, folks, and the level of compassion for people who are hurting."
all you have is the "Third Way" strawman, and a quote? Where are the cuts?
So you can stop spreading RW talking points about the President cutting Medicare, Medicaid and Social Security:
Obamas Budget Health Care Savings In One Chart
By Igor Volsky
This morning, President Obama unveiled a $3.8 trillion budget plan that eschews any dramatic reforms to entitlement programs but would still produce $360 billion in savings from Medicare, Medicaid, and other health care programs over 10 years. Obama avoids Rep. Paul Ryans approach to turn Medicare into a voucher or Medicaid into a block grant, but does adopt several Republican-backed ideas that would increase means testing for higher-income seniors and discourage overuse of care by penalizing beneficiaries.
Under Obamas approach, for instance, higher-income seniors would pay more for doctors visits and prescription coverage beginning in 2017 and all new enrollees will pay a $25 deductible as part of their Part B premiums. But for the most part,
the budget is similar to the administrations September 2011 deficit reduction plan and recoups the greatest savings from drug rebates and modernizing provider payments to achieve greater efficiency. Here is a chart showing where all the savings come from:

- more -
http://thinkprogress.org/health/2012/02/13/424136/obama-budget-health-care-savings-in-one-chart/
The President also signed into law the biggest expansion of Medicaid:
http://www.democraticunderground.com/1002868894
Are you going to deny that too and yell "Third Way"?