The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Today

Hi73° Mostly Sunny

Tonight

Lo53° Partly Cloudy

Sunday

Hi73° Slight Chance Showers

Sunday Night

Lo52° Partly Cloudy

Labor Day

Hi76° Sunny

Monday Night

Lo53° Mostly Clear

Tuesday

Hi79° Mostly Sunny

Tuesday Night

Lo56° Partly Cloudy

Wednesday

Hi83° Sunny

Wednesday Night

Lo54° Mostly Clear

Obama budget won’t cut raises for Social Security

Send to Kindle
Print This

WASHINGTON — The White House says President Barack Obama’s upcoming budget proposal will not include his past offer to accept lowered cost-of-living increases in Social Security and other benefit programs. Those had been a central component of his long-term debt-reduction strategy.

Officials said today that those potential reductions in spending, included in last year’s Obama budget, had been designed to initiate negotiations with Republicans over how to reduce future deficits and the nation’s debt. But Republicans never accepted Obama’s calls for higher tax revenue to go along with the cuts.

View my options or Sign in