Yet the deficit reduction committee's deadline fast approaching, it's still uncertain whether panel members will be able to get over their current partisan deadlock and actually do what they set out to do"”and if they fail, older Americans have a lot to lose. Plus, a new analysis finds 20 percent of all American adults are taking medication to treat some sort of mental or behavioral health problem.
Medicare, Social Security Cuts Unpopular: Red, blue or purple, Americans of all political stripes object to using Medicare and Social Security cuts to reduce the deficit. In a new national poll, 82 percent of Democrats, 73 percent of Independents and 58 percent of Republicans rejected such cuts. And while politicians often tout the unpopularity of raising taxes on anybody, even greater numbers of each group-94 percent of Democrats, 82 percent of Independents and 64 percent of Republicans - said they want to see the wealthy pay higher taxes.
Obama is proposing tax increases, war spending decreases, and cuts to programs such as Social Security and Medicare in his deficit reduction plan ... Banks are slashing interest rates and imposing more fees on checking accounts to dissuade customers ... And investigative reporter Ellen E. Schultz suggests that it was greed, not the economy, that led companies to slash employee benefits and raid workers' retirement funds.
A news flash comes out of the results of this Quinnipiac University National Poll that was released yesterday regarding the federal deficit - and more specifically, what should be done to reduce it.
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