President Barack Obama will propose cutting spending on Social Security and Medicare in the budget he sends to Congress next week, reviving a deficit-cutting deal first proposed to congressional Republicans in December.
The White House is telling lawmakers that President Barack Obama’s budget plan will mirror previous deficit-cutting proposals, which included changing the calculation for Social Security cost-of-living increases and tax brackets.
Mitt Romney entered the final day before New Hampshire’s primary election as the favorite, with rivals attacking his electability and authenticity as a conservative in an effort to emerge as his principal challenger for the Republican presidential nomination.
Mitt Romney is counting on New Hampshire voters to resist their traditional contrarian practice of upsetting presidential front-runners and deliver him a victory so resounding that he’s set on the path to the Republican nomination.
President Barack Obama promised to roll out “new ideas” to boost growth and spur hiring this week as he embarks on economy-focused trips to the Midwest with less than two months until congressional elections.