Reforms Entithtsments News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Budget. start with the budget. do you think that the president s framework that he announced, including change cpi, a gradual way to cut social security benefits, is a good-faith effort on his part? do you think he can actually win some new revenues as a budget deal by doing it? there are nuggets of his budget that i think are optimistic. it s overall a bad plan for the economy, but when you look at cpi, we re beginning to set the stage for the grand bargain. change cpi. harmonize, adjust medicare with social security. means testing for both programs. in return flatten the tax code, generate about $600 billion of revenue. and if you look at these changes over 30 years, this $4 trillion to $5 trillion in savings. i m looking at the biggest spending cut in history by reforms entithtsments, saving entitlements and the president showing a little bit of leg here. this is encouraging. his overall budget is not going to make it but he has made a step forward to the entitlement reform proces ....

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