Retirement

WASHINGTON - A bipartisan panel set up by President Barack Obama to reduce America's burgeoning deficit has proposed slashing spending at the Pentagon and wiping out more than $100 billion a year in popular tax breaks It has also proposed curbing increases in social security benefits as part of an aggressive plan to rebalance the federal budget according to preliminary proposals released Wednesday by fiscal commission co-chairmen.

WASHINGTON - There are people in the US who have given up almost all hope of ever finding a job again.