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Sunday, December 30, 2012

President Barack Obama agreed to entitlement reforms (reduced Social Security benefits) Bertrayal

WASHINGTON -- In his first Sunday show interview since his reelection, President Barack Obama admonished congressional Republicans for their unwillingness to compromise over debt reduction and implored the media to cast aside its pox-on-both-your-houses coverage.
With the deadline for negotiations over the so-called fiscal cliff looming in the backdrop, the president took to NBC's "Meet the Press" to defend his efforts to find common ground. He noted that he had moved off his initial demands for revenue (once $1.6 trillion, now $1.2 trillion), agreed to entitlement reforms (reduced Social Security benefits) and already signed hefty spending cuts ($1 trillion as part of the Budget Control Act in 2011). For all that, he added, he was still waiting for Republicans to come closer to halfway.

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