WebJan 19, 2024 · On Thursday, Jan. 19, the U.S. outstanding debt hit its statutory limit. The debt limit or debt ceiling is the total amount of money the U.S. can borrow to meet its … WebMar 18, 2024 · P.S. Obama’s reputation among all Democrats — which justifiably is overall very high among all but the very leftist of Sanders people — would be greatly enhanced if he publicly admitted he has come to realize proposing cuts to Social Security benefits as part of the Grand Bargain (slowing growth equals cuts) was a big mistake.
Do We Need a Grand Bargain? Economic Policy Institute
WebMay 5, 2012 · Grand Bargain: They're Coming For Our Social Security Again. The signs are everywhere, and it won't really depend on which party wins, now that Nancy Pelosi's drinking the Catfood Commissioners' Kool-Aid: They're going after their Grand Bargain. They want to cut Social Security and Medicare in the lame duck. The signs are … WebJun 2, 2016 · June 2 2016, 10:36 a.m. Photo: Scott Olson/Getty Images. President Barack Obama endorsed an expansion of Social Security for the first time on Wednesday. “We … greenwich \u0026 bexley community hospice cqc
The Grand Bargain (Official website) IASC
WebNov 12, 2013 · Most of the discussion around a “grand bargain” involves reductions to two mandatory spending programs—Social Security and Medicare—and increases in tax revenue. Lost in all the posturing over budget deficits is what specific changes are under consideration and how the American public feels about these proposed changes. WebSep 15, 2011 · The White House's decision to take Social Security reform off the table for the time being, which was first reported by the Wall Street Journal, is largely consistent with the president's viewpoint that the program is not a contributor to the deficit and should be dealt with in separate discussions.The administration brought it in to the "grand bargain" … WebJun 2, 2016 · This is a welcome change from Obama’s past support for a so-called Grand Bargain that likely would have included cuts to Social Security benefits. ... And even theoretical Social Security cuts ... foam filled tyres australia