[Jack Hammer]

Oh, dear - were you planning to use all that money saved up by the governent for your retirement?

Sorry, I gave it to the Syrians and the Egyptians; they’re my friends and they’re more important than you are.

[CommieCutter]

Wow. They actually reported the fact Obama’s budget version still calls for increased spending.

The authors may get sent to the Gulag for this...

[norwaypinesavage]

"The inflation adjustment would reduce federal spending on government programs over 10 years by about $130 billion, according to White House estimates. Because it also affects how tax brackets are adjusted, it would also generate about $100 billion in higher taxes and hit even middle income taxpayers."

So the only "cut" Obambi is proposing is 130-100 billion = 30 billion over 10 years from the so-called chained CPI. This is less than 3 billion per year due to compounding. This is much less than one tenth of one percent of the budget. This is not even distinguishable in a budget overview. For this, he wants an additional 300 billion in tax increases. This isn't a compromise, it's simply more propaganda, diligently fed to the public by a compliant media.

[Toespi]

No, this is our money that we entrusted to the government as a retirement benefit.