Now let’s look at what’s not in President Obama’s deficit plan: There are no cuts to Social Security. There’s no rise in the Medicare retirement age. Instead, the headline policy is so-called the “Buffett rule,” a tax reform principle that holds that millionaires should not pay lower tax rates than their secretaries. Moreover, says a senior administration official, Obama issue a veto threat against “any bill that takes one dime from the Medicare benefits seniors rely on without asking the wealthiest Americans and biggest corporations to pay their fair share.”
via Wonkbook: No compromise from Obama – The Washington Post.
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