Page 9 - Benefit Program News Today

Receivers of the most animated political critiques at times. but this is much too important for that kind of discussion. this is about restoring fiscal discipline to our country. its about giving not only our people, but markets confidence that we can live within our means, and america is still the best place to invest to create jobs and to be part of our economic expansion. >> is there a way to save real money in medicare and medicaid without feeling the pain? i know what the president said abo...

Spending cuts, what congress is all too likely to do is to say well, rather than that, if we raise taxes then we wont have as much of a deficit and we can avoid the trigger. so its designed to increase taxes. weve already got the president calling for much high earn er taxes on individual incomes through his obama care legislation. and now this. we dont need to go down the road of raising taxes and thats what this is all about. >> pat toomey laying it out. thanks for being here. >> thanks for ha...

The opinion shifts. medicare is one of those. this idea of diverting it from a benefit program where you go to the doctor and youre guaranteed certain benefits into a defined contribution program where the government would only guarantee you a check every year to buy private insurance goes back to 1998 first hatched by a commission chair by john breaux. there was not another democrat who endorsed the idea until alice rivlin endorsed a similar plan with ryan. even she has renounced her support gi...

Were doing business in washington, d.c. were not here to perpetuate the status quo because its not working. the cuts are important because we need to be on a trajectory to actually maintain the fiscal sanity that is in this country. we want to restrain the explosive growth of bureaucracy achieving a 10% reduction over the next three years in the federal workforce through attrition. coupled with a true pay freeze for the next five years and reform to government workers generous benefit program. w...

Big increase in its authority? >> well, thats what ultimately the national taxpayer advocate thinks. >> part of the irs. >> shes an independent outfit within the irs, she came out with a report last week that said, you know, this is the greatest social benefit program the irs has ever been asked to-- >> really, ever? >> ever been asked to enforce. theyre going to need a lot more money, auditing power and agents. >> will they go around and say you didnt buy that health insurance policy so were go...

Replacing medicare with a voucher for everybody under 55. the democrats and republicans will likely want to talk about in the fall. harder to do that in the midterm a presidential year the republican party continues to be pulled in this direction by the tea party energy it is more of an asset i think for obama to make -- >> talking about the other night getting rid of social security for below 55, come in with a defined benefit program, a insurance program. >> moving much from -- going back to b...

This just opens debate. and now theyre saying dont worry. this is just going to get us to the conference committee. so its been a series of dont worry this isnt the bill and at some point it becomes a bill. >> pelosi and who criticized her for doing that? same people criticizing her now. so shady. so if it makes it through the additional hurdle, this would be run of the rare times that a major benefit program would be rolled back. >> and it wouldnt be rolled back. they would be making stink abou...

To have a crisis where people say i am paying more money for people than i am getting, and i have to pay the taxes, and they are demanding. by the i what, i want to say, can you imagine if this would have been a tea party rally the media would have been -- >> by the way, what they are talking about here is having to pony up half of their retirement benefits and paying at least full percent for their medical. i would love that. please give it to me. >> and they have the defined benefit program. >...

Big increase in its authority? >> well, thats what ultimately the national taxpayer advocate thinks. >> part of the irs. >> shes an independent outfit within the irs, she came out with a report last week that said, you know, this is the greatest social benefit program the irs has ever been asked to-- >> really, ever? >> ever been asked to enforce. theyre going to need a lot more money, auditing power and agents. >> will they go around and say you didnt buy that health insurance policy so were go...