By Michael D. Shear,Washington Post
On Jan 20th the world and Social Security will be saved
President-elect Barack Obama pledged yesterday to shape a new Social Security and Medicare “bargain”with the American people,saying that the nation’s long-term economic recovery cannot be attained unless the government finally gets control over its most costly entitlement programs.
That discussion will begin next month,Obama said,when he convenes a “fiscal responsibility summit”before delivering his first budget to Congress. He said his administration will begin confronting the issues of entitlement reform and long-term budget deficits soon after it jump-starts job growth and the stock market.