Bracing For The Impacts Of Debt Reduction

By Jeff Neumeyer

April 20, 2011 Updated Apr 20, 2011 at 6:02 PM EDT

FORT WAYNE, IN (Indiana's NewsCenter) --- Devising a plan to cut the federal debt is a philosophical debate right now, but the course eventually taken will have dramatic impacts on real people in Fort Wayne and across the country.

Who feels the most pain may depend on which plan is followed.

Democrats are chastising the Republicans strategy, which they say fixates on cutting spending.

President Obama is adamant that senior citizens on Medicare will see their health care costs double if the Republicans have their way.

Senior advocates in Fort Wayne say the aging can't deal with that kind of hit.

Jenni Showalter/Allen Co. Council on Aging: " Many times we've heard from our clients that they have to pick between paying the heating bill, or buying medications. So anymore cuts would just be catastrophic."

But the other side is doing its share of complaining too.

The Republicans say the Democrats plan is all wet, because it proposes to hike taxes on the wealthy, and favors cuts in military spending.

The past commander of the Allen County Council of Veterans says National Guardsmen and Reservists are already being leaned on too heavily to pull tours of duty in Iraq and Afghanistan.

Shorty Geiger/Allen Co. Council of Veterans: " How can they come home and be a father, first off the kids don't even know who their dads are, or their moms sometimes, because they're only here for a certain amount of time and then they're back overseas. Grandma and grandpa are taking care of the kids, or a brother or a sister."

Reporter: " And this will even get worse, you think?"

Geiger: " It has to get worse. There's no other way for it to."

The debate will heat up in the coming weeks.

Congressional leaders will be asked to raise the nation’s debt ceiling before a deadline hits next month.

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