4/7/2013 – Obama’s Plan to Rein in Social Security Draws Criticism (Wall Street Journal)

President Barack Obama’s budget plan to alter federal cost-of-living adjustments marks a significant overture to Republicans, but risks widening a rift within his own Democratic Party.

Switching to the so-called chain-weighted consumer-price index would reduce the growth of future benefits from Social Security and other federal programs.

Read the full article at the Wall Street Journal.