Obama Aide On Social Security Cut Story: It 'Overshoots The Runway' (UPDATED)
Thursday, July 7, 2011
For months, the standard narrative among progressiv
President Obama is pressing congressional leaders to consider a far-reaching debt-reduc tion plan that would force Democrats to accept major changes to Social Security and Medicare in exchange for Republican support for fresh tax revenue. . . . As part of his pitch, Obama is proposing significan t reductions in Medicare spending and for the first time is offering to tackle the rising cost of Social Security , according to people in both parties with knowledge of the proposal. The move marks a major shift for the White House and could present a direct challenge to Democratic lawmakers who have vowed to protect health and retirement benefits from the assault on government spending.
Read more here.
Read the Article at HuffingtonPost
0 comments:
Post a Comment