Page 9 - Benefit Programs News Today

Latest updates on this topic.

Latest updates on this topic.

Latest updates on this topic.

Responsible blue print. the president will unveil the details on wednesday, but its expected that the budget will include more tax hikes on the wealthy and some middle class families, and as an olive branch to republicans concerned about government spending on entitlement programs, a cut in the future cost of living increases for social security and other benefit programs. >> its a compromise im willing to accept in order to move beyond a cycle of short-term crisis driven decision making, and fo...

>> theres no question, that they were able in the particular case that was mentioned involving the steel mill to take money out of this company, that didnt have a properly funded pension and fawn it off on the pension guarantee program is clearly an important part of this story. there are other parts of it that have not come out yet with other companies, where they made changes to the benefit programs of workers. if you have a business and you want to sell it, one of the first things you do, if ...

>> well, i think that specifically we have to start attacking or disciplining some of the broader benefit programs. instead of being able to just say we are going to cut wasteful medicare spending, unfortunately, some of that wasteful medicare spending isnt going to sound so wasteful to the people that benefit from those programs currently. >> thats right. one persons wasteful program is another persons very important project that must be continued that creates jobs. >> throughout the government...

And other reforms. this includes reviewing weapons systems relative to anticipated current and future threats, making procurement in acquisition programs more effective and economical and making sure military compensation and benefit programs are affordable and sustainable. as for the rest of the discretionary budget, which in recent years has been growing at approximately the same rate of the overall economy, diligent reviews of federal programs and elimination of those that are inefrktive, out...

Specific with the american people, theyre very reluctant to actually get specific about things that dont sound like waste, fraud and abuse. >> specifically, what are the things we should be doing? >> well, i think that specifically we have to start attacking or disciplining some of the broader benefit programs. instead of being able to just say we are going to cut wasteful medicare spending, unfortunately, some of that wasteful medicare spending isnt going to sound so wasteful to the people that...