Obama plan hits seniors, low-income taxpayers
April 05, 2013 at 5:32 PM
WASHINGTON -- President Barack Obama's proposal to change the way the government measures inflation could lead to fewer people qualifying for college grants and anti-poverty programs, reduced benefits for seniors and veterans, and higher taxes for low-income families.
If adopted across the government, the new inflation measure would have far-reaching effects because so many programs are adjusted each year based on year-to-year changes in consumer prices.
Social Security recipients would get smaller benefit increases each year. The federal poverty level would rise by smaller amounts, meaning more people would technically rise out of poverty with only small increases in income.
Taxes would go up because of smaller adjustments to income tax brackets, the standard deduction and the personal exemption amount.
More: http://www.cleveland.com/business/index.ssf/2013/04/obama_plan_hits_seniors_low-in.html#incart_more_business
Interesting comments follow:
"Based on the comments from right wingers thus far I guess they don't really want to reduce government spending. What laughable hypocrisy."
"The sky is falling!! Obama is reducing expenses which is exactly what conversatives have championed, and now those same intellectual geniuses perceive this to be unfair. Stupidity knows no bounds."
= new reply since forum marked as read
share of taxes, 
it's past time to seriously wound veterans, the elderly, the infirmed, the frail, and all low-income families and, for lagniappe/as collateral damage: cause significant harm to the entire economy in the process, i.e., to wit, the implementation of a right-winger's wet dream, all courtesy of a Democratic president. 
