Will Obama regret offering to cut Social Security?
Conservatives’ real aim in their fiscal brinkmanship is to gut Social Security and Medicare.U.S. politics seems stuck in an endless debate about the size of the federal deficit and federal debt.
From congressional Republicans’ refusals to lift the debt ceiling, fears of the “fiscal cliff,” disputes about the “sequestration” and its automatic federal spending cuts, and upcoming debates on a new federal budget and the need for so-called entitlement reform primarily cuts to Social Security, Medicare, and Medicaid—all hinge on the presumed need to get the U.S. budget in balance and curb deficit spending.
