By Mark Memmott for NPR –

“Leaders of President Obama’s bipartisan deficit commission are proposing to reduce the annual cost-of-living increases in Social Security. It’s part of a sweeping proposal to wrestle $1 trillion-plus budget deficits under control,” the Associated Press reports.

But, the wire service adds, “as proposed, the plan by (Democratic) Chairman Erskine Bowles and former (Republican) Sen. Alan Simpson doesn’t look like it can win support from 14 of the commission’s 18 members to force a debate in Congress.”

Bloomberg News writes that “the chairmen’s plan is already causing some Democrats and Republicans on the 18-member commission to balk. … ‘This is not a package that I could support,’ Rep. Jan Schakowsky, an Illinois Democrat, said during a break in a private meeting by the commission. She said any package able to win 14 votes on the panel would have to look ‘very different’ from the options being discussed.”

The commission’s website is here. And while it has put links to the “co-chairs’ proposal” and “$200 billion in illustrative savings,” it doesn’t look like the documents have actually been posted yet.

Care to see how much the federal budget deficit has grown over the years? The Office of Management and Budget has a table here.