Obama Offers Plan to Cut Deficit by Over $3 Trillion

nytimes.com — In a New York Times article by Helene Cooper about President Obama's plan to reduce the federal deficit by more than $3 trillion over the next 10 years, Roger Hickey, co-director of the Campaign for America's Future said,
“The report that the president is planning to ask millionaires and billionaires to pay taxes at a higher rate than their secretaries pay is welcome news that will be wildly popular with voters,” said Roger Hickey, co-director of the Campaign for America’s Future, a progressive center, in a statement. “We applaud the president for heeding the advice from progressives that he go big on his jobs plan.”
The article continued, "Mr. Obama’s proposal is also an effort to reassure Democrats who had feared that he would agree to changes in programs like Medicare without forcing Republicans to compromise on taxes. Indeed, Mr. Hickey warned in his statement that the president should not raise the Medicare eligibility age, advice that Mr. Obama, so far, seems to have heeded."

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