A Democratic source passes along a memo listing cuts to Medicare and Medicaid that House Majority Leader Eric Cantor (R-VA) proposed at a contentious White House debt limit meeting on Monday.Read more here.
The cuts themselves were first identified by a bipartisan working group of legislators led by Vice President Joe Biden as cuts that could garner bipartisan support -- contingent on the assumption that Republicans agree to put new tax revenue of some kind on the table.
President Obama reportedly rejected this proposal on the grounds that the GOP has refused anything other than revenue-neutral deficit reduction. A Cantor spokesman was not immediately available for comment.
Tuesday, July 12, 2011
Cantor's plan to slash Medicaid revealed
Eric Cantor wants to slash medical care for the very poor to preserve and increase tax cuts for the very wealthy: