Pelosi Sets ‘The Record Straight’ on Dem Budget Cuts, Entitlement Reform

Even as President Obama and GOP House Speaker John Boehner debate how to avoid the coming so-called fiscal cliff, and whether to raise taxes on the wealthiest Americans, Democrats already are on record with $1.6 trillion in proposed federal spending cuts and have enacted entitlement reform through the landmark 2010 healthcare reform law, according to House Democratic Leader Nancy Pelosi. “Where are the cuts? They’re in bills that you, Mr. Speaker, have voted for. Secondly, on the issue of the entitlement, with the Affordable Care Act and with legislation, and with suggestions, provisions in the President’s budget, it amounts to over $1 trillion in savings in Medicare, over $1 trillion in savings which have been redirected to prolonging the life … Continue reading