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  • President Obama agrees to cuts in Social Security in effort to avoid 'fiscal cliff'add to reading list  

    Posted on December 17, 2012 at 7:59 PM

    Updated Monday, Dec 17 at 10:20 PM

    Obama’s willingness to reduce future cost-of-living increases in Social Security came with an asterisk. The president wants lower-income recipients to receive protection against any loss from scaling back future cost of living increases.

    By Associated Press