Ahead of President Barack Obama's big speech on Monday morning outlining his "growth and deficit reduction plan," the White House released a fact sheet detailing his proposal to cut an additional $3 trillion from the deficit in the next ten years. It noted that the plan includes Obama's American Jobs Act and will lead to a total of $4.4 trillion in deficit reduction. Over $300 billion would be squeezed out of Medicare and Medicaid, with about two-thirds of that resulting from reducing "overpayments" in Medicare.The plan does not include any cuts in benefits for...
Source: http://www.realclearpolitics.com/2011/09/19/president_must_maintain_strong_stand_263785.html
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