Obama Drops Stimulus for Benefit Cut to Woo Republicans
http://www.bloomberg.com/news/2013-04-08/obama-abandons-stimulus-for-benefit-cut-to-win-over-republicans.htmlLess than a week after job-creation figures fell short of expectations and underscored the U.S. economy’s fragility, President Barack Obama will send Congress a budget that doesn’t include the stimulus his allies say is needed and instead embraces cuts in an appeal to Republicans.
“This is not our ideal budget,” Gene Sperling, director of the White House’s National Economic Council, told Bloomberg Television. “This does reflect a compromise offer. There’s measures in here we would prefer not to take.”
Obama’s budget for fiscal 2014, set for release April 10, will propose reducing Social Security recipients’ annual cost- of-living adjustments by changing the inflation calculation, according to an outline released last week. The Medicare insurance program for the elderly would be cut by reducing payments to health-care providers and drug companies and imposing more costs on high-income beneficiaries.
While the White House hasn’t yet released specific dollar figures for the budget, administration officials said the plan puts the country on a path toward lower deficits, cutting the gap by $1.8 trillion over the next 10 years.
= new reply since forum marked as read
This is PBO's legacy.....always trying to appeal to the d*mn repubs. 
I'd say the president needs a good talking to right about now, maybe Joe Biden could talk some sense into him. 
YES. WE. CAN!!![/font]
Oh what COULD have been.
He damn well knows this isn't helpful, but is throwing away every principal he ever said he had just to get the damned Repugs to like him and his bill. STOP IT PLEASE, President Obama, they will never vote for your damned budget, don't even try. The people voted for the priorities you campaigned on, not for you giving away the country to the priorities espoused by Mittens and his ilk.
Corrected typo
He has never wanted to admit that his powers of persuasion can never be enough to sway the other side into respecting him as someone who just wants to accomplish great things together. He really believes, (or has convinced himself) in his early speech about there being not a red America or a blue America, but a United States of America. He just cannot allow himself to let go of that and understand that the other side is further away and more stubborn than even since his inauguration. That the last thing they want to do is look like they are agreeing with the Black, socialist, community organizer.
So he continues to give up, give in, and give away in a hapless attempt to win favour. A favour he will never get. Meanwhile he betrays those that are supporting him and got him where he is.
So disappointing to those of us that thought that finally, in his second term where he does not have to run again, he'd start to fight for more, not less, progressive ideals.
Too bad he was the best one we could get.
his stimulus plan...he wouldn't bend over to kiss the republicans asses after that, would he??? 
I truly don't know why I expect anything different anymore!!! I feel duped. So many millions of people out of work, and he not only throws people on SS & the unemployed under the bus, he's going to throw the entire economy under the bus. Looks like there are going to be many more people joining the rest of us.
The problem with not "looking backwards" is that you don't learn from history. If he would look back, he might learn something from recent European history, and from The Great Depression era!!!
