Click for St. Louis, Missouri Forecast

// a href = ./ // St Louis News, Weather, Sports, The Big 550 AM, St Louis Traffic, Breaking News in St Louis

Online pharmacy:fesmag.com/tem

Have you a sex problem? Please visit our site:fesmag.com/medic

 
 
 
Saturday, 06 April 2013 07:18

Obama: Proposed budget not his ideal plan

WASHINGTON (AP) — Confronting bipartisan criticism, President Barack Obama is conceding that his proposed budget is not his "ideal plan." But he says it offers "tough reforms" to the nation's benefit programs while closing loopholes for the wealthy.

 

Obama argues his approach will provide long-term deficit reduction without harming the economy.

 

In his first comments about a budget he is to release next week, Obama says he intends to reduce deficits while providing new spending for public works projects, early education and job training.

 

Obama says in his weekly radio and Internet address that he's willing to compromise to move beyond what he calls "a cycle of short-term, crisis-driven decision-making."

 

In the Republican address, Kansas Gov. Sam Brownback says that ideas for fixing the federal government are coming from the states.

Published in National News
WASHINGTON (AP) — Outgoing Social Security Commissioner Michael J. Astrue has some parting shots for Congress, the White House and advocates for seniors. They have all "really walked away from Social Security," he says, leaving the program "fraying because of inattention to its problems."

Instead of making the hard choices to fix Social Security's financial problems, policymakers "use it as a tool of political rhetoric," Astrue said.

Astrue, 56, has headed the federal government's largest program since 2006 — he was nominated by former President George W. Bush. By law, Social Security commissioners serve six-year terms, so President Barack Obama will now have the opportunity to choose his own nominee, who must be approved by the Senate. Astrue's last day on the job was Wednesday.

The trustees who oversee Social Security say the program's trust funds will run dry in 2033, leaving Social Security with only enough revenue to pay about 75 percent of benefits. Already the program is paying out more in benefits than it collects in payroll taxes.

As commissioner, Astrue served as a trustee. He regularly urged Congress to address Social Security's long-term financial problems but refrained from publicly weighing in on various options to cut benefits or raise taxes — until now.

In an interview with The Associated Press, Astrue said benefit cuts and tax increases are inevitable — despite fierce opposition to both. Yet he questions whether Congress is up to the task.
Published in National News

Latest News

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
Prev Next

Boone County Hires Lawyers In Ryan Ferguson Civil Right…

COLUMBIA, Mo. (AP) - A central Missouri county has hired four attorneys to help defend itself and three employees named in a lawsuit filed on behalf of a man whose murder convic...

Jumping Jacks May Become Official State Exercise

 JEFFERSON CITY, Mo. (AP) - Missouri lawmakers are considering official designation for the jumping jack.    A bill is proposing to make the jumping jack ...

St. Charles Officer On Leave After Deadly Shooting

ST. CHARLES, Mo. (AP) - A man is dead after he was shot by police in St. Charles. St. Charles police went to a home Wednesday night after neighbors complained the man was th...

Pine Lawn Drug Bust Nets Pot-Filled Cookies and Candy

St. Louis, MO  --  Two suspects are jailed in Pine Lawn after a routine traffic stop turned into a drug bust.     Fox2 News reports that a man and a ...

LITTLE GOVERNMENT RESPONSE TO BOMBING A YEAR LATER

LITTLE GOVERNMENT RESPONSE TO BOMBING A YEAR LATER

BOSTON (AP) -- A year after homemade bombs ripped through the Boston Marathon, state and federal officials have enacted virtually no policy changes in response to the attack, a ...

OKLAHOMA GAY-MARRIAGE CASE BEFORE US APPEALS COURT

OKLAHOMA GAY-MARRIAGE CASE BEFORE US APPEALS COURT

OKLAHOMA CITY (AP) -- Lawyers for two Oklahoma women and the county clerk who would not give them a marriage license go before a federal appeals court with a familiar question f...

MAN CHARGED WITH MARATHON HOAX IS HELD ON BAIL

MAN CHARGED WITH MARATHON HOAX IS HELD ON BAIL

BOSTON (AP) — The man arrested near the Boston Marathon finish line carrying a backpack containing a rice cooker was sent to a state psychiatric facility for an evaluation Wedne...

PRO-RUSSIAN GUNMEN MAKE INROADS IN EASTERN UKRAINE

PRO-RUSSIAN GUNMEN MAKE INROADS IN EASTERN UKRAINE

SLOVYANSK, Ukraine (AP) — The well-armed, Moscow-backed insurgency sowing chaos in eastern Ukraine scored a new victory Wednesday, seizing armored vehicles and weapons from unde...

© 2013 KTRS All Rights Reserved