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Senate Dems warn Obama on Social Security, Medicare cuts

Senate Democrats on Friday told President Obama they don’t want to see cuts to Social Security, Medicare or Medicaid in his annual budget. Sixteen senators wrote to the president as fears persist among liberals that Obama will once again offer some entitlement cuts in his budget, which is set to be released March 4. In last April’s budget, Obama proposed changing the way the government calculates inflation. The change to the chained consumer price index (CPI) would have reduced retirement benefits as well as increasing some taxes…Read More

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