As the details of President Obama's budget emerge, it's already raising hackles on the left -- and skepticism from the right.
The budget -- which will be unveiled Wednesday some two months after its actual due date -- is likely to include some Republican-friendly proposals mixed with what Obama calls a balance: tax increases and budget cuts.
A senior administration official says it will include an offer to reduce the deficit by $1.8 trillion by cutting
spending and "finding savings in entitlement programs."
But progressive groups accused Obama of breaking a campaign promise for calling for cuts in entitlements.
"Social Security is too important to the economic security of the American people to be used as a bargaining chip," said Nancy Altman, founding co-director of Social Security Works. She said Obama's offer to change the calculation on cost of living adjustments for Social Security beneficiaries
and others who receive some form of government payment "cuts the benefits of every single Social Security beneficiary, now and in the future.
"The very groups who worked the hardest and voted in the highest percentages to re-elect the president -- working families, women, people of color, young Americans -- will be the ones hurt the most by the cuts the president is reportedly including in his budget," she said.
White House Press Secretary Jay Carney said the plan "isn't the ideal proposal" that Obama would want, but it's a compromise that would be acceptable if they're linked with tax increases for the wealthy.
House Speaker John Boehner objected to the tax increases in the proposal, saying House Republicans have urged Obama "not to
make savings we agree upon conditional on another round of tax
increases.
"If the president believes these modest entitlement savings are
needed to help shore up these programs, there's no reason they should
be held hostage for more tax hikes," Boehner said. "That’s no way to lead and move the
country forward."