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(Image from article: "Obama offers Social Security cuts as part of debt talks")

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Obama offers Social Security cuts as part of debt talks

President Obama seeks up to $4 trillion in deficit cuts, putting Social Security, Medicare, defense spending and tax reform on the table as part of a balanced approach to cuts, officials say.

Reid rejects Boehner proposal for $2 trillion in spending cuts

The Senate majority leader says budget reductions must be accompanied by tax reform. He predicts that negotiations on the nation's debt limit will drag until the 11th hour. Senate Majority Leader Harry Reid (D-Nev.) says tax loopholes must be addressed ...

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