Aug 5, 2010

Deficit Reduction Commission Looking At Slashing Entitlement

From TPM Media:
... Though most of the [Deficit Reduction] commission's work occurs behind closed doors in small working groups, early reports indicate that the GOP's unwillingness to support any significant tax increases are pushing the group toward proposed entitlement slashes and larger budget cuts. ...

On mandatory spending issues, according to the aide, things are shaping up similarly. "We spent all but 10 minutes on benefits cuts and spent 10 minutes on raising the wage caps." ...

The commission's report is due by December 1. House Democrats have committed to voting up or down on the package if the Senate passes it first.
I hope that Republicans get a chance to vote for slashing Social Security. I wish they could vote on this before the election.

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