Read the Fine Print

The Associated Press is reporting that President Obama along with Republican leaders in the House and Senate have reached an agreement to raise the government's debt ceiling to avoid the country going into default. YES!!!! Yippee!!!!

The AP also reported that the spending cuts will reduce government spending to the lowest level it has been since when Dwight Eisenhower was president in the 1950s. Yes!!!! Yippee!!!!

The report goes on to say that there will be no initial(what) cuts to entitlement programs like Social Security and Medicare. But the AP reports that the President is saying both could be on the table along with changes in tax law as part of future cuts (whaaatttt).

This last paragraph sans my editorial comment should have people who're receiving these benefits on edge. At anytime they could get a wake up call that their checks are subject to a hefty reduction. A lot of these people are on a fixed incomes and such a reduction or change could be detrimental to them at this point.

So while America might be cheering this on as definite progress, many need to realize that they aren't out of the lurch yet.