Political Headlines April 5, 2013: White House Budget President Barack Obama will Unveil Nest Week to Include Social Security Cuts

White House Budget to Include Social Security Cuts

JEWEL SAMAD/AFP/Getty Images

White House officials say the budget President Obama will unveil next week will include proposed cuts to Medicare — by increasing premiums for wealthier retirees — and Social Security — by reducing annual cost of living increases.

The proposals themselves are not new; they were part of the ill-fated offer Obama made to Speaker of the House John Boehner, R-Ohio, during the December negotiations over the fiscal cliff, but they are now part of the official White House budget.  It’s a change that will open the president up to criticism from liberals and put pressure on Republicans to offer a response….READ MORE

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