Thursday, January 15, 2009

Obama's Fiscal Responsibility Summit

Update 2-23: See the video here.
Apparently, Obama will look to make "entitlements" such as social security, Medicare and Medicaid more efficient. Obama always talks about whacking Medicare Advantage.
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.

"What we have done is kicked this can down the road. We are now at the end of the road and are not in a position to kick it any further," he said. "We have to signal seriousness in this by making sure some of the hard decisions are made under my watch, not someone else's." WaPo
Obama appears to be making rounds with reporters, getting information out there. Imagine if Bush had done this. Then he wouldn't have had to have such a painful farewell this evening. Obama also is intent on closing Guantanamo. 
In a wide-ranging 70-minute interview with Washington Post reporters and editors, the president-elect pledged quick action on the Middle East once he takes office, promised to support voting rights for D.C. residents, and said he will consider it a failure if he has not closed the U.S. military prison at Guantanamo Bay, Cuba, by the end of his first year in office.