Leaked “grand bargain” document details Obama's plan for cuts in entitlement programs, page

Whether or not this 'grand bargain' is still the deal made through the WH and the GOP to divert the fiscal cliff were heading towards is yet to be seen. However there are several cutbacks which the WH is willing to slash in order to reduce the deficit over the next ten years.


Source

"This is a confidential document, last offer the president -- the White House made last year to Speaker Boehner to try to reach this $4 trillion grand bargain. And it's long and it's tedious and it's got budget jargon in it. But what it shows is a willingness to cut all kinds of things, like TRICARE, which is the sacred health insurance program for the military, for military retirees; to cut Social Security; to cut Medicare. And there are some lines in there about, "We want to get tax rates down, not only for individuals but for businesses." So Obama and the White House were willing to go quite far."

(Alternative source)

reply to post by DarthMuerte

---

They'll be put on Obamacare and have it paid for.

They will NEVER get rid of medical coverage for soldiers. Duh.

reply to post by Daedal

---

I have to say OP, after swallowing down the source...which is a point for another thread perhaps...if Obama had canned the rhetoric, dropped the campaigner and chief stuff back then and shown THIS to the American people to say 'Why won't Boehner sign THIS as a starting point toward the future??' I personally couldn't have found a reason not to back him on that point. Under the circumstances, I'd call that an actual start showing real purpose by how it does cut across a bit of everyone's sacred cow ....and that is what it will take too.

IF that's all really what was on the table and Obama WAS okay with that? I have a much better feeling about how things MAY go than I did before. That would show a willingness to be apolitical and just a bit ruthless in a way this problem doesn't leave a choice about. I just hadn't seen a thing to show he'd go that direction. Now, is it genuine?

It sure won't make a lot of people happy though...a little mad from all sides.

reply to post by Wrabbit2000

---

The problems are those cuts are menaingless that don't take in to account inflation,and age progression and the ever increase costs of healthcare.

Compound that stupidity with more taxation such as the carbon tax, and yet another payroll tax cut that shifts the burden to others that kill jobs.

But that payroll taxation is what funds SS and medicare meaning people are paying less but still getting more out from it.

It is all going to be pushed on those evil rich Washington offers no solutions it is nothing but a dog and pony show.

Millions of workers will see their take-home pay rise during 2011 because the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 provides a two percentage point payroll tax cut for employees, reducing their Social Security tax withholding rate from 6.2 percent to 4.2 percent of wages paid. This reduced Social Security withholding will have no effect on the employee’s future Social Security benefits.

www.irs.gov...

Read that?

The employee pays less in to the SS and medicare fund but it has no effect on the benefits received

GET THAT?

Means that are paying less in and getting more out.

With stupidity like that any so called proposed cuts are meaning less.

reply to post by MystikMushroom

---

Nothing is free for military members. It's paid for in dedication, hard work, long hours, years of not being home nor with their families.

Originally posted by kyred
reply to post by MystikMushroom

---

Nothing is free for military members. It's paid for in dedication, hard work, long hours, years of not being home nor with their families.

Amen, someone still has blood flowing to their brain in here.

reply to post by kyred

---

...And and artificial sense of a middle class lifestyle for people with a highschool diploma.

A Really Sad Picture That I Saw Today, Left Me Speechless
  Posted 12 days ago with 148 member flags

Fact Check: First Lady\'s False Fairy Tale of Struggle
  Posted 6 days ago with 81 member flags

Mitt Romney Accidentally Confronts A Gay Veteran; Awesomeness Ensues
  Posted 6 days ago with 72 member flags

Coal miners say they were forced to attend Romney event and donate
  Posted 14 days ago with 71 member flags

Stephen King\'s Message
  Posted 10 days ago with 71 member flags

The United States has collapsed economically, socially, politically, legally, constitutionally, and
  Posted 15 days ago with 44 member flags

A Perfect Example Of How America Is Turning Into A Police State? Look At Tampa Bay
  Posted 18 days ago with 41 member flags

Paul Ryan Exposes Elite Agenda, "Shut Up" Says Banker
  Posted 10 days ago with 40 member flags

Newest topics, updated in real-time:

Newest topics getting flags, in real-time:

Newest topics getting replies, in real-time: