Posts Tagged ‘budget cuts’
Democrats Urge Against Budget Cuts In Letter to Obama
Sixteen Democratic senators wrote to President Obama telling him that they don’t want to see budget cuts to Social Security, Medicare, or Medicaid in his annual budget. In last year’s budget, Obama proposed changing the way the government calculates inflation. This would have reduced retirement benefits as well as increased some taxes. The budget had…
Read MoreBudget Cuts Have Liberals Up In Arms
With President Obama’s budget due early next month, many progressives in and out of congress are already vehemently pushing against one potential line in the document. Social Security cuts, in the form of “chained CPI”, have been included in Obama’s budget several times in the past, and are expected to show up on the new…
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