April 5th, 2013
02:00 AM ET

Obama to reach out to Republicans in budget

President Barack Obama's upcoming budget will include proposed changes to Social Security and Medicare plus some new tax increases, changes that are an effort for the president to reach a deficit deal with Republicans, according to senior administration officials.

The budget will include an offer Obama made to House Speaker John Boehner in December, officials said. That proposal included $400 billion in savings to Medicare over 10 years.

"The President's budget to be presented on Wednesday will show how we can invest in the things we need to grow our economy, create jobs and strengthen the middle class while further reducing the deficit in a balanced way," a senior administration official said.

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Filed under: Barack Obama • Politics • U.S.
soundoff (13 Responses)
  1. Mary

    "Some critics have said chained CPI is not a better way to measure inflation for Social Security recipients, because they spend so much on health care, which rises faster than inflation."
    Paying into you eternal life is of much more importance that your physical life... at least that's my take on the matter...

    April 5, 2013 at 6:23 am | Report abuse |
  2. Mary

    Also, this seems to be another way of passing off our Government being the cause for that inflation (printing fiat money like it's of value when we all know it is not)

    April 5, 2013 at 6:27 am | Report abuse |
  3. Joey Isotta-Fraschini ©™

    @ Mary:
    Our economy reflects the productivity of the people. Ryan and Rand are not complete fools.

    April 5, 2013 at 7:31 am | Report abuse |
  4. Mary

    Where's Americas production @ Joey
    Ron Paul 2016 !

    April 5, 2013 at 10:14 am | Report abuse |
  5. bobcat (in a hat)©

    But the main thing that dooms this latest proposal to failure is that five letter word that republicans find so reprhensible.

    April 5, 2013 at 12:55 pm | Report abuse |
    • bobcat (in a hat)©

      Comment is awaiting moderation.
      Had to be one of two words. Republican or reprehensible.

      April 5, 2013 at 12:58 pm | Report abuse |
    • banasy©

      Taxes.

      April 5, 2013 at 3:19 pm | Report abuse |
    • Need mo money

      Higher taxes on fewer people. Make the masses, about fifty one percent, helpless, needy, and dependent so they will always vote dimocrap. Then say, "Make the rich pay their fair share" so your foolish idea is popular and people vote for you. Now you know the secret to success.

      April 5, 2013 at 5:03 pm | Report abuse |
  6. chrissy

    They need to CUT taxes on the small business owners so they can start hiring. Big bussiness dont care about all the ppl they put out of work while they send jobs elsewhere so tax the h@ll outta those businesses outsourcing.

    April 5, 2013 at 6:54 pm | Report abuse |
    • krm10007©

      @chrissy – First, they need to cut aid to Pakistan. That will save money.

      April 6, 2013 at 7:26 pm | Report abuse |
  7. krm10007©

    Chrissy is not a "she". It's a Pakistani troll and a "he" (you).

    April 7, 2013 at 6:40 pm | Report abuse |
  8. bobcat (in a hat)©

    @krm10007 you are correct she is an old man and a Pakistani troll.

    April 7, 2013 at 9:21 pm | Report abuse |
  9. chrissy

    Careful @ km, i may just put a hex on you lol.

    April 8, 2013 at 12:23 am | Report abuse |