What The President Will Say Today
President’s proposal will build off of the deficit reduction measures included in his 2012 budget and will borrow from the recommendations of the bipartisan Fiscal Commission he created. The President will lay out four steps to achieve this balanced approach, including: keeping domestic spending low, finding additional savings in our defense budget, reducing excess health care spending while strengthening Medicare and Medicaid, and tax reform that reduces spending in our tax code. The President will make clear that while we all share the goal of reducing our deficit and putting our nation back on a fiscally responsible path, his vision is one where we can live within our means without putting burdens on the middle class and seniors or impeding our ability to invest in our future.
Sargent also quotes a USA Today poll that shows that Americans want Medicare protected and the rich to pay more in taxes. Those surveyed:
• Overwhelmingly oppose making major changes to Medicare. By 2-to-1, they support minor changes or none at all to control costs, rather than major changes or a complete overhaul. Even a third of Republicans say the government should not try to control the costs of Medicare.
• Favor imposing higher taxes on families with household incomes of $250,000 and above, as Obama has endorsed: 59% support the idea, 37% oppose it.
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