Spending cuts alone wona t save economy, Treasury head says

... those with the greatest incomes," Mr. Lew said. Mr. Obama's concessions include a proposal to change the way Social Security's cost-of-living adjustments are calculated. Some Democrats have pushed back at the so called "chained-CPI" policy, saying ...

http://www.washingtontimes.com/news/2013/apr/16/jacob-lew-spending-cuts-alone-wont-save-economy/