Political Headlines April 7, 2013: GOP Congress ready to pierce President Obama’s budget

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 113TH CONGRESS:

THE HEADLINES….

GOP ready to pierce Obama budget

Source: Politico, 4-7-13

That was before the Friday leak revealing that Obama’s budget will include an olive branch to the GOP, known as chained CPI, which would slow the growth of Social Security benefits….READ MORE

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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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