Senate Majority Leader Harry Reid said Wednesday that he will not allow changes in Social Security to be part of the negotiations to avoid a federal budget fiscal cliff, further narrowing the opportunities for savings that could be tapped to close the deficit.
Republicans have insisted that big entitlement programs such as Medicare, Social Security and Medicaid be part of the end-of-year negotiations to head off tax-rate increases and the $110 billion in automatic spending cuts.
Source: Washington Post. Read full article. (link)