President Obama Insists on Social Safety Net Reform? - InvestingChannel

President Obama Insists on Social Safety Net Reform?

From the MSBN comes this announcement from President Obama on agenda for reform of the social safety net.

President Barack Obama raised anew the issue of cutting entitlements such as Medicare and Social Security as a way out of damaging budget cuts, a White House official said Sunday, as both sides in Washington tried to limit a fiscal crisis that may soon hit millions of Americans.
Signaling he might be ready to explore a compromise to end automatic spending cuts that began late Friday, Obama mentioned reforming those entitlement programs in calls with lawmakers from both parties Saturday afternoon.

I suppose we will have to wait to find out what exactly is for sale.

Related posts

Carl Icahn Increases His Stake In Take-Two Interactive To 10.68%

ValueWalk

iPad Mini Display Outperformed By Kindle Fire HD & Nexus 7

ValueWalk

Foxconn Might Open Manufacturing Plants In The U.S. [REPORT]

ValueWalk

Peter Cundill Protégé Tim McElvaine on Investing in Japan [VIDEO]

ValueWalk

Set Bing Home Page Image As Lock Screen In Windows 8

ValueWalk

Morning Market News: JCP, APO, MCHP, ZIP, ENR, LGF, EA, ATVI, COV, LNT

ValueWalk