Can likely be seen in this chart:
No doubt the Republicans will argue it another way, but if you are Obama, I am guessing he is going to argue for dropping the Bush tax cuts for people making over $250K, adding some sort of surtax for the Affordable Care Act, and try to shut down the wars in Iraq and Afghanistan.
For more on this, and the graph, see: The 3-Word Phrase That Signals Obama’s Intentions on Taxes – Joshua Green – Politics – The Atlantic
Smart People I Know 