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destroy 700,000 jobs reporter: on this day, the president met with labor and progressive leaders since the day after his re-election that he opposed cuts to medicare and social security benefits. the president is committed to making sure that the middle class and the workers are paying the tax for parties we didn t get to. reigning in cost of medicare and medicaid is essential to controlling the deficit. mr. obama offered $34 billion a year in savings. republicans don t think it s enough. and they re demanding to be part of the solution. the venters also the voters also have republican controlled house and closely divided senate. in a government of three equal branchs, that is hardly irrelevant. at the white house, despite the seeming impasse over the bush tax cut, carney insists there is flexibility dealing with the deficit. i don t think the president is in a position of boxing ourselves in, or boxing others out. he looks forward to meeting with the leaders in congress.

Re electionJobs reporterSocial security benefitsDidn t34 billion4 billionSenate intelligence committeeEqual branchsWhite houseJay carneyBush tax cut