Federal Deficit and Medicare/Medicaid/Social Security

posted Jul 7, 2011, 1:20 PM by Frank Baskin   [ updated Jul 12, 2011, 1:10 PM ]
The President has evidently proposed to modify the benefit structure of these programs and to reduce their funding in order to compromise with Republicans  so that ...FOR MORE CLICK TITLE....   the debt ceiling can be raised. Specifics are not yet available and there is yet no agreement.  This proposal wou;ld be part of a larger package to raise the debt ceiling, and to reduce the long term debt. It also includes increased revenues along with tax reform.