Showing posts with label debt deal statement. Show all posts
Showing posts with label debt deal statement. Show all posts
Thursday, August 4, 2011
Sunday, July 31, 2011
Fact Sheet: Bipartisan Debt Deal: A Win for the Economy and Budget Discipline | The White House
Fact Sheet: Bipartisan Debt Deal: A Win for the Economy and Budget Discipline | The White House:
"In Securing this Bipartisan Deal, the President Rejected Proposals that Would Have Placed the Sole Burden of Deficit Reduction on Low-Income or Middle-Class Families: The President stood firmly against proposals that would have placed the sole burden of deficit reduction on lower-income and middle-class families. This includes not only proposals in the House Republican Budget that would have undermined the core commitments of Medicare to our seniors and forced tens of millions of low-income Americans to go without health insurance, but also enforcement mechanisms that would have forced automatic cuts to low-income programs. The enforcement mechanism in the deal exempts Social Security, Medicaid, Medicare benefits, unemployment insurance, programs for low-income families, and civilian and military retirement."
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