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Behind the rhetoric over the federal deficit is the reality of a problem that must be dealt with, and questions abound: Will Washington avoid an economic train wreck? Will Social Security and Medicare take big hits? This page breaks down the issues with proposals, tools and viewpoints.
Obama's newest plan would spare Social Security and raise taxes on millionaires. Read
“I will not allow Medicare to become a voucher program," Obama says.
This bipartisan Senate plan targets Social Security and Medicare.
House GOP plan targets Medicare, Medicaid, and health care reform law. Read
"Both parties are playing chicken, hoping to force the other into a suicidal if courageous act of actual deficit cutting." Read
"Washington needs to stop viewing Medicare and Social Security simply as line items in the federal budget." Read
"We urge that we not upend crucial programs that will come at the cost of seniors’ health and financial security." Read
"AARP remains deeply concerned that the recommendations from the commission would take our nation in the wrong direction." Read