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Home Front: Politix
Obama to Offer Entitlement Cuts in Budget
2013-04-08
[An Nahar] President Barack Obama
Ready to Rule from Day One...
will make key concessions to Republican foes next week when he unveils his U.S. budget that proposes cuts to cherished entitlement programs, the White House said Friday.

Obama's fiscal blueprint slashes the deficit by $1.8 trillion over 10 years, in what a senior administration official described as a "compromise offer" that cuts federal spending, finds savings in Social Security and raises tax revenue from the wealthy.

Republicans led by House Speaker John It is not pronounced 'Boner!' Boehner
... the occasionally weepy leader of House Republicans...
 are opposed to new tax hikes, after the president secured $600 billion in increased tax revenue in a year-end deal.

Boehner's party controls the House of Representatives, and passage of the president's budget is unlikely if it contains new tax revenue provisions.

But Obama's concession to conservatives in the form of reduced cost-of-living payouts for Social Security benefits could revive consideration of a deficit-reducing "grand bargain" that has proved elusive in recent years.
Posted by:Fred

#4  Not cuts.

Decrease in the rate of increase.

and paltry at that
Posted by: lord garth   2013-04-08 09:43  

#3  ..And yes he will blame the slash-cut which forces seniors, children, and puppy dogs to eat stale cat food on the Evil Republicans.

...and yet funding will still be above 2008 levels when these things never occurred. The minions of the Ministry of Truth will make sure no one remembers that little data point.
Posted by: Procopius2k   2013-04-08 09:13  

#2  Let me guess - instead of spiking it 20% he will only raise it 19.995%.

And yes he will blame the slash-cut which forces seniors, children, and puppy dogs to eat stale cat food on the Evil Republicans.

And the Republicans will accept the blame. Because that's what they do.
Posted by: CrazyFool   2013-04-08 08:28  

#1  ...which will then be known as the "Republican Entitlement Cuts" and used to frighten the faithful.
Posted by: Grunter   2013-04-08 08:06  

00:00