Obama to offer entitlement cuts in exchange for revenue hikes

President Barack Obama plans to propose an annual budget that will include reductions in Medicare and Social Security, White House officials said. The president is offering chained CPI -- an inflation formula that reduces cost-of-living payments for Social Security benefits -- in an effort to compromise with Republicans. House Speaker John Boehner, however, said he would reject any proposal that predicates spending cuts on new taxes.

View Full Article in:

New York Times (tiered subscription model), The · FoxNews.com

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Vice President, HEDIS & Performance Outcomes
CareSource
Dayton, OH
Pharmacy Benefit Analyst/ Auditor
Confidential
Nationwide, SL_Nationwide
Vice President, Girls and Women Strategy
United Nations Foundation
Washington, DC