Obama Signs Bill to Cut Pensions of 250,000 Americans

Obama Signs Bill to Cut Pensions of 250,000 Americans

For years, the Democrat-controlled congress raised deficits and regulations under Obama. Once Americans had enough and handed both the Senate and the House back to the GOP, Obama vetoed several Republican attempts to balance the budget and put the nation back on economic track once again.

After a high-profile government shutdown, and threats of several more, the Democrats seem to have won. Despite their minority status in both legislative chambers, they continue to cripple the nation's economy and run up the county's deficits with reckless abandon.

Economists have long warned that the increased spending across the board would soon have consequences.  This week, their warnings have begun to come true.

Of course, it isn't the government that's suffering. It's everyday Americans.

See what's going to happen to a quarter million American's pensions on the next page:

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