On December 1, 2010, the co-chairs of the National Commission on Fiscal Responsibility and Reform released a proposed report to reduce the federal debt and make changes to Social Security and Medicare.  This proposal would cut government spending even deeper than what was proposed in the original co-chairs’ plan released in November.  Many of the changes will leave middle class Americans finding it more difficult to prepare for a secure retirement.  Like the original plan, the co-chairs’ proposal focuses heavily on targeting cuts to Social Security and Medicare.

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