Obama stands his ground on fiscal debates

Jan 22, 2013 Full story: Boston.com

President Barack Obama devoted one word - ''deficit'' - to the issue that brought Washington to the brink of fiscal crises time and again during his first term.

Full Story
C fool

Hanoi, Vietnam

#1 Jan 22, 2013
deafeesit?!! can U hear now?!;-00h, golf rematch;)

Mundelein, IL

#2 Jan 22, 2013
Obama’s support came from the 47 percent of American voters ‘‘who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it.’’

Since the above is SUPPOSEDLY UNTRUE, then NO ONE will mind when when the gravy train dries up due to spending cuts.


Raleigh, NC

#3 Jan 22, 2013
Sadly, roboblogger, you are correct. The growing deficit is even scarier when you look at Medicaid. Medicaid expansion will cost billions and billions of dollars with Obama failing to state from where the money will come. These billions of dollars will put a Medicaid card in people's hands, but will not promise them that a health care provider will accept Medicaid. If doctors' reimbursements aren't raised (more than just to the Medicare rate that is constantly slashed), Medicaid recipients will not receive quality health care.

Since: Jul 07

Newport News, VA

#5 Jan 24, 2013
in his inaugural address, the prez tries to downplay the issue of 30 million new seniors in the next 20 years. we are not gonna be mean to old or young, he seems to say. he AVOIDS tough choices that HAVE to me made.

"Of course, there are conflicts between the young and old. In 2000, there were 45 million Social Security recipients; by 2025, the Social Security Administration projects the number at 79 million. Already, paying for retirees is the largest source of federal spending. In 2012, Social Security ($762 billion) exceeded defense ($651 billion) by 17 percent; Medicare and Medicaid together ($720 billion) also topped defense.(Two-thirds of Medicaid goes to the elderly and disabled.)

Excluding these programs from even modest budget cuts -- as Obama seems inclined to do -- imposes huge costs on the young. Their taxes will rise, big deficits will persist or spending cuts will be concentrated on other programs more important to the working population (for starters, grants to state and local governments). There's no honest way around these conflicts, but Obama pretended they don't exist."

Robert Samuelson, Wash Post

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Social Security Discussions

Title Updated Last By Comments
Here's How You Fix Social Security 6 hr icthelite 1
Social Security disability approvals decline (Dec '13) Fri jax23willis 85
8 Tips to Reduce the Risk of Identity Theft Fri Sharon Sergeant 1
Woman uses fake name, SS number to get hospital... (Aug '10) Fri Not New York 16
California Wants to Allow Illegal Aliens to Com... Fri whenagendapeoplea... 4
Irondequoit woman pleads guilty to Social Secur... (Sep '11) Jan 26 Bobby G 65
Should same-sex marriage become legal? (Sep '11) Jan 23 kinkyFemale15 15,293
More from around the web