How can the President's proposals be justified? The budget proposals specifics are the following:
1. The budget would reduce the deficit by $1.8 trillion over ten years -- $600 billion of this reduction would come from revenue raisers, and $1.2 trillion would come from spending reductions and entitlement reforms;
2. It would change the benefit structure of Social Security (chained-CPI);
3. t would means test additional programs in Medicare;
4. All told, it would include $400 billion in health care savings (or cuts);
5. It would cut $200 billion from other areas, identified by The New York Times as “farm subsidies, federal employee retirement programs, the Postal Services and the unemployment compensation system;”
6. It would pay for expanded access to pre-K (an Obama priority) by increasing the tobacco tax;
7. It would set limits on tax-preferred retirement accounts for the wealthy, prohibiting individuals from putting more than $3 million in IRAs and other tax-preferred retirement accounts;
8. And it would stop people from collecting full disability benefits and unemployment benefits that cover the same period of time.
http://www.huffingtonpost.com/2013/04/05/obama-budget_n_3019281.html
How about cutting defense?
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