Valerie Jarrett discusses the viability of President Obama's new debt plan, including cuts to entitlement spending and proposed tax increases to Americans who make more than $1 million. She speaks with host Michel Martin.
On Monday, the president released a plan on how to pay for his $447 billion jobs bill and reduce the nation's deficit. The plan aims to slash $3 trillion from the debt over the next decade, which involves Medicare and Social Security cuts and tax increases for the wealthy. Host Michel Martin speaks with NPR's Senior Washington Editor Ron Elving about the plan.
Paris – The American Association of Retired Persons (AARP) is desperately seeking volunteers to aide in tax preparation service in Paris.
Volunteer Tax Assistance Counselors are needed at the site one or two days a week through April to avoid closure. Bill Crowhurst, a volunteer for the past six years, said they are in danger of closing if they don't find volunteers. A one-week training course in January is required, and travel expenses to Paris will be reimbursed.
Saying that "Washington has to live within its means" and that lawmakers must "cut what we can't afford to pay for what really matters," President Obama just introduced what he says is a plan to cut an additional $3 trillion from budget deficits over the next decade.
And he vowed to veto any legislation that puts all the burden of deficit reduction on those who rely on Medicare and other social programs. "It will not happen on my watch," declared Obama, in making the case that the wealthy and corporations must also be asked to pay more in taxes.
Greenville – A Wolfe City woman will not stand trial for criminally negligent homicide after the charges are dropped. Connie Scherie Dodd had pleaded not guilty.
She was alleged to have improperly restrained a child in a passenger safety seat, resulting in the death of four-year-old Destiny Dodd when their vehicle collided with a horse. The accident occurred along FM 816 on October 1, 2010.