Archives for spending cuts

Elderly Americans considered winners in fiscal cliff deal

In the 11th hour, Republicans and Democrats found common ground, keeping the U.S. economy from tumbling over the fiscal cliff. That doesn’t mean, however, that everyone is happy about the outcome. Many consider the deal a losing battle, although, according to the Huffington Post, America’s elderly aren’t part of that contingency. They can be considered among the winners of the fiscal cliff deal, which also includes rich individuals, the unemployed and doctors. “As recently as yesterday morning, it was taken for granted that one of the major provisions of an alternative to the fiscal cliff would be cuts in the
Read More