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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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"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...
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)
@ Mary:
Our economy reflects the productivity of the people. Ryan and Rand are not complete fools.
Where's Americas production @ Joey
Ron Paul 2016 !
But the main thing that dooms this latest proposal to failure is that five letter word that republicans find so reprhensible.
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Had to be one of two words. Republican or reprehensible.
Taxes.
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.
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.
@chrissy – First, they need to cut aid to Pakistan. That will save money.
Chrissy is not a "she". It's a Pakistani troll and a "he" (you).
@krm10007 you are correct she is an old man and a Pakistani troll.
Careful @ km, i may just put a hex on you lol.