This is something we’ve never seen from a Democratic president: An official White House budget that includes cuts to both Social Security and Medicare.
White House officials say the budget the president will unveil next week will include proposed cuts to Medicare (by increasing premiums for wealthier retirees) and Social Security (by reducing annual cost of living increases).
The proposals themselves are not new — they were part of the ill-fated offer the president made [last year] — but they are now part of the official White House budget. And that is a significant change that will open the president up to criticism from liberals and put pressure on Republicans to offer a response.
These proposed cuts will infuriate liberals, but in the budget plan — as in the offer made last year to Boehner — the cuts will be paired with $580 billion in tax increases. Without the tax increases, there would be no cuts to Social Security and Medicare.
The writer seems to be suggesting that the tax increases will at least help assuage the liberals’ pain. How nice for them. One might ask however whether the tax increases will do much to assuage the pain us oldsters will be feeling from the Medicare and Social Security cuts.
As usual with Barack ‘Catfood’ Obama, those who couldn’t see it coming have only themselves to blame. He’s been quite upfront about this, and everything else.