Obama's Budget: Social Security, Chained CPI and Taxes
To the Point
KCRW
4.4 • 583 Ratings
🗓️ 9 April 2013
⏱️ 52 minutes
🧾️ Download transcript
Summary
President Obama will propose a "conciliatory" budget tomorrow with proposed cuts in Medicare and Social Security and an increase in taxes. Is there any chance of consensus?
Transcript
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| 0:00.0 | From KCRW in Santa Monica and PRI, Public Radio International, this is To the Point. |
| 0:08.0 | Will the Obama budget mean new consensus or continued gridlock? |
| 0:15.6 | Hello again, I'm Mormon-Aulny, and this is To the Point from Public Radio International, |
| 0:19.5 | a daily look at the issues Americans care about most. Tomorrow, President Obama is expected to take what Washington calls a risk |
| 0:25.3 | by proposing social program reductions that infuriate many Democrats. The White House calls that |
| 0:30.6 | conciliatory and hopes Republicans will agree, but they're likely to balk at the tax increases |
| 0:36.0 | on which the cuts are conditioned. |
| 0:38.1 | Social Security, Medicare, and the sequester are part of the package, |
| 0:41.9 | with deficit tax reform and the debt limit looming on the horizon. |
| 0:45.7 | We'll hear what to expect from the White House with both parties already thinking about the midterm elections next year. |
| 0:51.4 | On reporter's notebook later on, should the CIA stick to intelligence or serve as a |
| 0:56.3 | secret army? First, here's the news. |
| 1:00.4 | Listen to KCRW's 24-hour all-news channel. Stream BBC World Service, NPRW and KCRW programs. |
| 1:08.8 | Continuous coverage and accessible via our smartphone app or online at kCRW. |
| 1:15.3 | Support for To the Point comes from the members of KCRW and from the Public Radio |
| 1:20.3 | International Program Fund. |
| 1:22.0 | Hello again, Warren Alney, back with To the Point. |
| 1:24.0 | President Obama will propose what the White House calls a conciliatory budget tomorrow, |
| 1:28.2 | with proposed cuts in Medicare and Social Security conditioned on increases in taxes. |
| 1:33.3 | We'll hear how both parties in Congress are likely to respond. |
| 1:36.8 | Is there any chance of consensus? |
| 1:38.6 | On reporter's notebook, what's the role of the CIA? |
... |
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