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Obama is Talking With Democrats and Republicans About Cutting Medicare and Social Security

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WASHINGTON, March 4 (UPI) — U.S. President Barack Obama is talking to Democrats and Republicans about cutting Medicare and Social Security entitlements, a White House official said.

"He's reaching out to Democrats who understand we have to make serious progress on long-term entitlement reform, and Republicans who realize that if we had that type of entitlement reform, they'd be willing to have tax reform that raises revenues to lower the deficit," Gene Sperling, director of Obama's National Economic Council, told CNN's "State of the Union."

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