Obama’s Budget: Raise Taxes Again

Stalkhunter

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Obama�s Budget: Raise Taxes Again

Friday, April 5, 2013


Besides the tax increases that most Republicans continue to oppose, Mr. Obama�s budgetwill propose a new inflation formula that would have the effect of reducing cost-of-living payments for Social Security benefits, though with financial protections for low-income and very old beneficiaries, administration officials said. The idea, known as chained C.P.I., has infuriated some Democrats and advocacy groups to Mr. Obama�s left, and they have already mobilized in opposition.


Read more: http://patriotupdate.com/2013/04/obamas ... z2PbI4I1NI
 

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