Page 130 - Entitlement Program News Today

Frequent basis and what are the top concerns that they have? >> well, clearly, seniors are very concerned, about what these cuts in medicare are going to do, and, because, basically, you are talking about cuts to hospice care, nursing homes, home health, and a whole host of other areas, that will affect them. and, they are seeing these reductions in medicare being shifted over to create a whole new entitlement program. clearly, seniors are very upset about this. i think, business owners are very...

Republican, is that a fair assumption on my part? >> yes, it is. all my life. >> greta: is there anything that the democrats said today -- any of the members of congress, that made some sense to you? >> i dont think there was much that really made sense to me, because ive heard what their plan is in bits and pieces throughout the last year. i couldnt really quite make sense of. in essence, as a country we dont have the money for this plan. we dont have the money to start another entitlement prog...

>> greta: i take it you are a republican, is that a fair assumption on my part? >> yes, it is. all my life. >> greta: is there anything that the democrats said today -- any of the members of congress, that made some sense to you? >> i dont think there was much that really made sense to me, because ive heard what their plan is in bits and pieces throughout the last year. i couldnt really quite make sense of. in essence, as a country we dont have the money for this plan. we dont have the money to ...

>> thank you. back to the goodies. here comes speedy. >> at time when ow economy is struggling, the last thing we need to do is raise taxes on american people. we have $500 billion of medicare cuts. i agree with kent conrad, we need to deal with the problem of medicare. but if were going to deal with the problem with medicare and find savings, why dont we use it to extend the life of the medicare program as opposed to to spending the $5 billion, creating a new entitlement program. its not just...

Around, i talked to someone yesterday who said the velocity of money right now is zero. you put it into the banks and it just stops. >> whats frightening, if you look over the past couple of decades, whats so frightening right now is that this economy has been primed. you look at the late 1990s. and we had the high-tech revolution. and then you had the wall street bust. all the dot coms and all that. then during the bush administration, we cut taxes twice, we fought two wars. we launched a $7 tr...

To other countries, to get their hearts fixed. like we had leaders from canada, theres stories all over the papers this morning and of course this sure to come up when youre having this debate, of the horrors that have happened in great britain with their national health care system. but there is, pat, a fundamental difference in belief where the democrats want to spread the safety net as wide as possible. it is a moral fight with them. and for republicans now, its about math. like you said, its...

The worst entitlement program. the worst is a political class that think they have a credit card that just continue to run up these deficits. federal spending, the size of the deficit and the debt. >> thats what barack obama has done, i think is really become the poster child for the debt. thats what hes done in my opinion, to energize the tea party movement and the conservative movement within this country. and why theres tremendous candidates, why theres a kristi, scott brown, why theres these...

Seven months, the american people have been very loud and aggressive about how bad this bill is and the fact that weve got all these entitlement programs that are going broke and here they are wanting to create a new entitlement program thats going to cost a trillion dollars right at the beginning. megyn: i literally have 20 seconds left. whats the one thing we should be watching for tomorrow? >> i think you want to watch for the common sense better solutions that republicans have been putting o...

The worst entitlement program. the worst is a political class that think they have a credit card that just continue to run up these deficits. federal spending, the size of the deficit and the debt. >> thats what barack obama has done, i think is really become the poster child for the debt. thats what hes done in my opinion, to energize the tea party movement and the conservative movement within this country. and why theres tremendous candidates, why theres a kristi, scott brown, why theres these...

Here now is jennifer levin and jeff zelli 234i. lets start with the deficit. in some ways, the fact they have to have a commission by statute or executive order almost seems like an acknowledgment that congress and the white house are not up to the tough choices needed to cut the deficit. what is your take on it? >> that is true for years, of course. you can blame this congress and president for not tackling the problem but its true for many presidents and many congresses. a commission is a way ...