All posts tagged "Budget Legislation"

Seniors outraged at proposed cuts to Medicare held "knit-ins" at bank branches throughout New York City and Long Island on Wednesday afternoon. They knitted blankets that said "Save Medicare," which they plan to hand-deliver to members of Congress during the August recess.

The House of Representatives passed an agreement Monday, called the Budget Control Act of 2011, that would raised the debt ceiling until 2013 and cut the federal deficit by about $2.1 trillion over a 10-year period.