White House: President Obama To Outline Deficit Plan

04/11/2011 10:29 am 1 comment

Source: AP / CBS News

Washington – President Barack Obama will lay out new plans this week to reduce the federal deficit in part by seeking cuts to government programs for seniors and the poor, a top political adviser said Sunday.

“You’re going to have to look at Medicare and Medicaid and see what kind of savings you can get,” Obama adviser David Plouffe said of health care programs for the elderly and needy. He spoke on NBC’s “Meet the Press.”

The plans will be outlined in a speech as Washington, which late last week agreed to stopgap legislation to avoid a shutdown of the government, now moves to consider the nation’s long-term fiscal well-being.

At the top of the week, congressional aides are expected to put to paper the 2011 spending deal struck Friday night, an hour before the government would have begun to shut down. Both houses of Congress were expected to take up that measure at midweek.

To read this article in its entirety visit CBS News.

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  • http://www.facebook.com/people/Paul-Gallo/100000234701043 Paul Gallo

    if he cut ss or Medicare or Medicaid i will vote green , and so will many many others

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