President-elect Obama promises to reform Medicare, Social Security
President-elect Barack Obama on Thursday during an interview with editors at the Washington Post promised to reform Medicare and Social Security, ``saying that the nation's long-term economic recovery cannot be attained unless the government finally gets control over its most costly entitlement programs,'' the Post reports.
President Barack Obama raised anew the issue of cutting entitlements such as Medicare and Social Security as a way out of damaging budget cuts, a White House official said on Sunday, as both sides in Washington tried to limit a fiscal crisis that may soon hit millions of Americans.