Obama budget to offer program cuts, seek deficit deal: official

[cali]

President Barack Obama will offer cuts to Social Security and other entitlement programs in a budget proposal aimed at swaying Republicans to compromise on a deficit-reduction deal, a senior administration official said on Friday.

Under a proposal that would cut the deficit by $1.8 trillion over 10 years, the president will offer to apply a less generous measure of inflation to calculate cost-of-living increases, the official said on condition of anonymity. That change would result in lower payments to some beneficiaries of the Social Security program for retirees and is staunchly opposed by many congressional Democrats as well as labor and retiree groups.

Obama would agree to cuts to other so-called entitlement programs, the official said.



<snip>

http://www.reuters.com/article/2013/04/05/us-fiscal-obama-idUSBRE93405G20130405

Disgusting.

[msongs]

1. some people never learn nt

[MFM008]

2. 80%

will be cuts. He gets us every time. Everythig seems to be geared to appease the GOP, that hates him. I dont get it. I just dont get it.

[cali]

3. I don't get it either

but I'm disgusted with this as well as frustrated.

[HiPointDem]

4. kick

[steve2470]

5. k&r nt

[JaneyVee]

6. Atrocious.

[woo me with science]

7. One corporate party, masquerading as two. nt