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Obama budget: Trim Social Security, tax wealthy



Published: Wed, April 10, 2013 @ 2:57 p.m.

Obama budget: Trim Social Security, tax wealthy

WASHINGTON (AP) - President Barack Obama sent Congress a $3.8 trillion spending blueprint today that strives to achieve a “grand bargain” to tame runaway deficits, raising taxes on the wealthy and trimming popular benefit programs including Social Security and Medicare. The president’s budget projects deficit reductions of $1.8 trillion over the next decade, achieved with higher taxes, reductions in payments to Medicare providers and cutbacks in the cost-of-living adjustments paid to millions of recipients in Social Security and other government programs.


Comments

1papa1(638 comments)posted 1 year, 3 months ago

sounds great! instead of cutting subsidies to big oil and giving them tax breaks while they make tens of billions in profits and cutting tax loopholes for the ultra rich, let's fix the deficit by putting it on the backs of the poor and retirees. one in four big corporations pay nothing in taxes! they are also going to cut benefits for veterans on disability! the ones who fight our wars and come home, if they come home at all, with missing arms and legs. yea, let's go after them and cut their benefits. this is so damn wrong it stinks! right Obama, you go after the two hallmarks of the democratic party, the "the new deal" and "the great society". you'll be right up there with Lincoln, your hero! your legacy will suck.

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2papa1(638 comments)posted 1 year, 3 months ago

sounds great! instead of cutting subsidies to big oil and giving them tax breaks while they make tens of billions in profits and cutting tax loopholes for the ultra rich, let's fix the deficit by putting it on the backs of the poor and retirees. one in four big corporations pay nothing in taxes! they are also going to cut benefits for veterans on disability! the ones who fight our wars and come home, if they come home at all, with missing arms and legs. yea, let's go after them and cut their benefits. this is so damn wrong it stinks! right Obama, you go after the two hallmarks of the democratic party, the "the new deal" and "the great society".

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3Knightcap(682 comments)posted 1 year, 3 months ago

Obama you idiot, why don't you cut your parties at the white house, how about your wife's million dollar vacations, tax those companies that took jobs offshore like you said you were, do away with foreign aid, tax Wall Street transactions, tax the banks who got all the money you printed, and tax those uniformed moron voters who voted for you. Inform them now.

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4Ytownnative(1010 comments)posted 1 year, 3 months ago

If it was a republican it wouldn't say trim it would say cut. Trying to make the oblamers ideas look good.

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5oldskool(96 comments)posted 1 year, 3 months ago

I AM FOR ONE HAPPY THAT YOU ALL ARE STILL SUPPORTING THE MAN YOU VOTED FOR!
4 MORE YEARS 4 MORE YEARS...HILLARY 2016
CAN'T WAIT! MORONS

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6papa1(638 comments)posted 1 year, 3 months ago

I won't support any president, dem or repub, who messes with the big three. the repubs have hated these lifesaving programs since their inception and if they get their foot in the door, it's just a matter of time. they despise the middle class!

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