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Obama considering steep tax increases, cuts in Medicare, SS?

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dgibby Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 05:08 PM
Original message
Obama considering steep tax increases, cuts in Medicare, SS?
CNN reported on this earlier today, but I can't find anything about it. They are calling it a CNN exclusive, but I can't find it on their web site. Anybody else hear this?:shrug:
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Mass Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 05:11 PM
Response to Original message
1. I think this is what you are referring to
Edited on Wed Dec-16-09 05:12 PM by Mass
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dgibby Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 05:16 PM
Response to Reply #1
3. Thanks for the link! Found it!
"Documents obtained by CNN reveal the president is privately considering an executive order that would create an outside commission to weigh sweeping tax increases, and deep spending cuts to programs like Medicare that affect millions of Americans. This would all be aimed at slashing the exploding federal deficit, which the president has promised to tackle after the economic recovery takes hold."

snip...

"The senate version of the commission would give 10 Democrats and 8 Republicans the power to study the problem. A vote would come after the mid-term elections on a reform package that could include dramatic tax hikes and spending cuts. If 14 of the 18 members approve the package, giving it a bipartisan nod, it would force an automatic up-or-down vote in both the house and senate. White House officials, meanwhile, are considering their own version of a commission. It calls for more Obama officials on the panel to give the president more control. But the documents obtained by CNN warn that it would bring political risk: "The promise of greater say over the deliberations and final product of the commission, but the peril of being more deeply implicated in the event of failure."

more at link:

http://www.kusi.com/home/79423697.html


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kirby Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 05:12 PM
Response to Original message
2. Earlier today...
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=7240597&mesg_id=7240597

Summary - talk of a commission to study the issue. He isn't considering anything yet.
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dgibby Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 05:17 PM
Response to Reply #2
4. Thanks. I didn't see that.
See my post above. Looks like something's up.
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tabatha Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 05:31 PM
Response to Original message
5. I doubt he will be considering cuts in SS.
If that happens, he is dead.
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natrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 08:34 PM
Response to Reply #5
7. no, notice they have not adressed electonic voting-close elections go to whoever the junta wants
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slipslidingaway Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 08:31 PM
Response to Original message
6. Thanks for the links n/t
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treestar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 08:35 PM
Response to Original message
8. You're hoping for a new outrage reason!
Look real hard and maybe you can find it!
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dgibby Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 09:44 PM
Response to Reply #8
9. No, just reporting a news item,
but you just go on with your false assumptions about what I am or am not hoping for.
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