Posted on 07/07/2011 5:07:50 AM PDT by sunmars
Washington (CNN) - President Barack Obama is seeking $3 trillion to $4 trillion in deficit cuts over the next decade, a move that would require putting Social Security, Medicare, defense spending and tax reform on the table as part of a balanced approach to cuts, Democratic officials familiar with the negotiations told CNN.
The officials, speaking on condition of anonymity, did not say what types of cuts would have to be considered under such a proposal. In the past, one Social Security adjustment debt negotiators have discussed is cost-of-living.
(Excerpt) Read more at edition.cnn.com ...
Yes, all of the cuts to take place in 2020, what a crock...
He can start by totally defunding and dissolving the BATFE.
“If you think you will get all these cuts today with a Dem President and Senate you’re dreaming.”
I know and yes I am dreaming.
nObama: yes, we’ll be increasing spending by 30% per year, but we’ll match that with cuts in other spending of .02% per year, and tax increases of 11% per year. That should make the Federal debt bubble burst right in the face of the next President. Ok, who’s up for golf ?
Obama’s idea of ‘cuts’ is increases in taxes. But look how the media helps him along by calling that ‘cuts’ as well.
HUSSEIN is a liar, period, nuff said.
bfl
Put obamacare on the blocks as a swap for something the Rs can offer up.
Well, whenever they (the press) told the truth about BJ Clinton.
Boehner is really fumbling this. They had some momentum before the holiday and now are just frittering it away. He is still not forcing obama to make any proposals in public. So barry will just blame any cuts on the Republicans and disown any cuts in the deal after fact.
The “cuts” are probably in the out years when a future congress will not vote them in.
Also, any cuts to medicare care will be in payments to providers, not in benefits. Of course, finding a provider under medicare for what will be the approved payment of $15 will be impossible.
yes I agree put Obamacare on the block Hussein!
Obamacare repeal or no debt limit increase
They shouldn’t be too upset,
the main target, if these commies stay true to form,
is to reduce the ability of America to militarily resist communism.
They’ll get behind ANYTHING, even “balanced budgets”, if it furthers their cause to weaken America and make us less able to resist global communism.
$3 to 4 trillion?
Start by eliminating 0bamaoCare.
That should be good for all or most of it.
Go see for yourself. They're saying Obama's action "betrayal" and calling him "Capitulator in Chief" among MANY other not-so-nice things.
It may be hard to imagine but it looks like the GOP may actually have Obama's back to the wall.
I have a feeling that last week's meeting between Obama and McConnell was a pretty tough one.
Anyone who believes Hussein really is honest is deluded. If he were serious,.about deficit reduction, he would propose the “cuts” in his last budget. He didn’t, did he? Besides, we need more cuts than 4 trillion over 10 years. Maybe double or triple...just to start.
Do the pols in DC really think that Americans are going to fall for ANOTHER smoke and mirrors Proposal.
even the article said that they want to LOOK like they are actually doing SOMETHING.
He’ll say whatever it takes to convince independents, knowing his base will never vote Republican. Then he’ll renege on the cuts just like he’s reneged on all his other promises.
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