Obama Offers Social Security & Medicare Cuts
President Barack Obama continues to handle negotiations with the terribly. Obama offered Social Security and Medicare cuts. The Republicans have refused to even consider ending tax breaks for corporate jets to help pay off the federal debt. Obama once again forgot which caucus backs him. Obama failed to tell the Democratic caucus that he was putting Medicare and Social Security on the table.
“We would have preferred to hear it from the president instead of from the press,” said Sen. Barbara Mikulski (Md.), a senior member of the Senate Democratic conference. “We first have to go after tax earmarks.”
Mikulski and Sen. Kent Conrad that they are open to Social Security cuts. Social Security is running on a surplus. Republicans have long hated Social Security and wish to turn it into Chile dictator Augusto Pinochet's pension plan. Social Security isn't the cause of the federal debt.
Obama gave the the pay freeze to Republicans without getting nothing back. Obama dropped the public option to garner Republican votes. The result was House Republicans attempted to repeal the Affordable Care Act. Obama's poor negotiating skills have created friction with the Democratic caucuses and the progressive base. Howie Klein urges progressives not to vote for President Obama in 2012.
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Labels: barbara mikulski, brit hume, cenk uygur, debt, eric cantor, jamelle bouie, kent conrad, medicare, president barack obama, social security, video, young turks
