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  1. 11-10-2010, 02:51 PM #1
    AirborneSapper7
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    Obama Debt Panel Proposal Would Cut Social Security, Medicar

    U.S. Debt Proposal Would Cut Social Security, Medicare

    By Heidi Przybyla and Brian Faler
    Nov 10, 2010 12:53 PM ET

    Erskine Bowles, co-chairman of the National Commission on Fiscal Responsibility and Reform. Photographer: Andrew Harrer/Bloomberg
    The co-chairmen of President Barack Obama’s debt-reduction commission will propose cuts to Social Security and Medicare, as well as reductions in income tax rates in exchange for curbing tax breaks, according to a Republican aide who attended the meeting.

    The chairmen’s plan is already causing some Democrats and Republicans on the 18-member commission to balk. The plan will be announced at 1 p.m. Washington time today, said commission spokesman Fred Baldassaro.

    “This is not a package that I could support,â€
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  2. 11-10-2010, 03:21 PM #2
    ReggieMay
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    [quote]“This is not a package that I could support,â€
    "A Nation of sheep will beget a government of Wolves" -Edward R. Murrow

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