Toledo
Blade
Sen.
Portman to introduce proposals to cut U.S.
deficit
By Tom Troy
U.S.
Sen. Rob Portman (R., Ohio) said Wednesday
he plans to introduce a couple of amendments that will push Congress
and the
administration to take action to reduce the size of the federal budget
in
return for increasing the long-term debt limit.
Meanwhile,
a group of about 25 people saying
they represent workers and the elderly demonstrated Wednesday outside
the
Social Security Administration office at 4906 Monroe St., one of
several public
events organized by the AFL-CIO labor federation, to pressure Congress
to
eliminate tax loopholes that benefit the wealthy and to protect Social
Security, Medicare, and Medicaid from cuts.
Mr.
Portman said his first amendment would
require a $1 cut in spending for every $1 increase in the long-term
debt
ceiling. He said over time his amendment would bring spending down to
about 20
percent of gross domestic product, which is close to the 50-year
average,
instead of the 24 percent it is now…
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the rest of the article at the Toledo
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