
In Debt Talks, Obama Offers Social Security Cuts
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Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
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In Debt Talks, Obama Offers Social Security Cuts
By Lori Montgomery
President Obama is pressing congressional leaders to consider a far-reaching debt-reduction plan that would force Democrats to accept major changes to Social Security and Medicare in exchange for Republican support for fresh tax revenue.
At a meeting with top House and Senate leaders set for Thursday morning, Obama plans to argue that a rare consensus has emerged about the size and scope of the nation’s budget problems and that policymakers should seize the moment to take dramatic action.
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Related reading:
A primer on Medicare, Medicaid and Social Security
The Washington Post (4 May 11)
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