Unions, MoveOn Warn Obama Not to 'Cave' in Secret Negotiations With House GOP
The Obama White House is reportedly in the process of negotiating a secret debt deal with House Republican leaders that could include deep cuts to Medicare, Medicaid and Social Security. The deal would not, according to media reports, significantly or immediately address the need for new revenues that can be derived from fair taxation of the wealthiest Americans.
That's a bad deal.
Bad for American seniors and Americans who anticipate that one day they will be seniors.
Bad for the American economy.
And bad for Barack Obama politically.