Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
KPAY ALERTS:
Connect :

 

KPAY News

Official: Obama proposes cuts to Social Security


WASHINGTON (AP) — President Barack Obama is proposing cuts to Social Security as an attempt to compromise with Republicans on the budget. A senior administration official says the budget Obama will offer to Congress next Wednesday would reduce the deficit by $1.8 trillion over 10 years. It includes a revised inflation adjustment called "chained CPI" that would curb cost-of-living increases in Social Security and other benefit programs. The senior administration official stressed it is not the president's preferred approach but a compromise proposal to try to reach a long-term budget deal. Obama first made the offer to House Speaker John Boehner last year. The official spoke on a condition of anonymity since the budget has yet to be released. Technically, the administration actually would be limiting the growth of Social Security.

On Air Now
George Noory  
George Noory
9:00pm - 4:00am
Coast to Coast AM
My Blog

KPAY Stream


SPORTS-TALK KPAY
LIVE & LOCAL
DEDICATED SPORTS
STREAMING CHANNEL


KPAY Calendar




LinkedUpRadio Envisionwise Web Services