Posts Tagged ‘betray’

Scrapping the US “Social Safety Net”

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“I am willing to make tough choices that may not be popular within my own party, because there can be no sacred cows for either party,” Obama wrote in a letter to Congress included in the budget, referring to the move’s repudiation of the Democrats’ traditional association with the programs of the Great Society and New Deal.

The budget proposes to slash $400 billion from Medicare spending over ten years, and would introduce a new measure of the cost of living that would mean an effective cut of $130 billion from Social Security benefits during the same period.

Cuts to these programs are overwhelmingly unpopular, with a Pew Research poll finding earlier this year that 87 percent of the population is opposed to cuts in Social Security, while 82 percent oppose cuts in Medicare.