Posts Tagged ‘Obama’
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 MoreWas Social Security Created to Encourage People To Quit Working?
Last week, the Congressional Budget Office released a report predicting that Obama’s healthcare law would lead people to work less, because it claims that the law will kill more than 2 million jobs. Obama supporters suggested that the ability to buy health insurance outside of the workforce would give more flexibility to workers who felt…
Read MoreDeficit War = Social Security Checks in Limbo
Turmoil strikes. According to President Obama Social Security checks may not reach pertaining retirees on August 3rd if Democrats and Republicans can’t kiss and make-up on deficit stance. Obama states, “I cannot guarantee that those checks go out on August 3rd if we haven’t resolved this issue. Because there may simply not be the money in…
Read MoreIs Obama Losing Support Due to his Social Security Stance?
President Obama has vowed to continue attempting to work with Republican lawmakers when it comes to Social Security and Medicare benefits…even at the cost of irritating many of his Democratic supporters. Obama states, “Occasionally I may make some of you angry because I’m going to reach out to Republicans, and I’m going to keep on…
Read More