WASHINGTON (AP) ? President Barack Obama is proposing cuts to Social Security as an attempt to compromise with Republicans on the budget.
A senior administration official says the budget Obama will offer to Congress next Wednesday would reduce the deficit by $1.8 trillion over 10 years. It includes a revised inflation adjustment called "chained CPI" that would curb cost-of-living increases in Social Security and other benefit programs.
The senior administration official stressed it is not the president's preferred approach but a compromise proposal to try to reach a long-term budget deal. Obama first made the offer to House Speaker John Boehner last year.
The official spoke on a condition of anonymity since the budget has yet to be released. Technically, the administration actually would be limiting the growth of Social Security.
Source: http://news.yahoo.com/official-obama-proposes-cuts-social-security-111357788--finance.html
new hunger games trailer sasquatch david choe national wear red day gunner kiel gunner kiel groundhog
কোন মন্তব্য নেই:
একটি মন্তব্য পোস্ট করুন