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January 5, 2013
Debt. its a separate funded operation. and we can do things that i believe we should now, smaller things, play it out over the long-term that gives it solvency. >> despite the truth, president obama has never been shy about reforming social security. >> were going to have to take on entitlements. and i think we got to do it quickly. were going to have a lot of work to do, so i cant guarantee that were going to do it in the next two years. but i would like to do it in my first term as president. ...
November 27, 2012
Out pretty soon. >> bring entitlement reform into the conversation. social security, set aside, doesnt add to the deficit. medicare and medicaid, protect the integrity of the program but give it solvency for more years. >> whats the integrity of the program? we have a lot of questions about where this is going to end up. republicans are also giving off clues about an upcoming deal. several house and senate republicans are rejecting an antitax pledge of grover norquist. but rejecting the pledge c...
November 26, 2012
Martha: a compromise possibly in the works on the so-called fiscal cliff as several top republicans say that they would be under certain circumstances willing to break a long-standing pledge on raising taxes. the move comes ahead of a second meeting expected this week with the leaders from both sides and potentially president obama as well in that meeting. so the democrats have suggested a little bit over the weekend they might be willing to concede on several key issues in return for higher tax...
November 26, 2012
Things, played out over the longer term that gives it solvency. medicare is another story. >> theres still staff level discussions going on. and, by the way, as much as washington gets caught up in the conventional wisdom of what senators are saying, remember right now the senate are 100 ehechted pundits. the game is between the white house and house republicans for now. at some point the action could move to the senate. but right now its about the house. its a possibility at some point folks on...
November 26, 2012
Signed the declaration of war against japan. were not going to attack japan today. the world has changed and the economic situation is different. >> hes certainly going soft on japan. >> as for the democrats, senator dick durbin says entitlement programs like medicare and medicaid are fair game in deficit negotiations but insists social security should be left alone. >> social security does not add one penny to our debt. not a penny. its a separate funded operation, and we can do things that i b...
November 25, 2012
Spending. we never cut spending. i am looking for revenue for entitlement reform. >> reporter: senator graham says age adjustment and means testing for medicare and social security is a reasonable thing. but illinois democratic senator dick durbin doesnt want to touch social security. he thinks the new revenue should come from an increase on the tax rates of top earners, which is currently 35%. >> let the rates go up to 39. let us also take a look at the deductions. lets make sure that revenue i...
November 25, 2012
Senator durbin but he thinks social security should be last alone. >> social security does not add one penny to our debt. it is a separate funded operation and we can do things and i believe we should, now, played out long term that gives it solvency. >>peter: congressman king says no one will get what he wants but in president reagan and thomas "tip" oneill could make a deal, so, too, should speaker boehner and president obama. >>gregg: and now the top people responsible for our defense, first,...
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Security and medicare. >> i dont expect the democrats to go for premium ouci do expect them to adjust these entitlement programs before they bankrupt the company. some entilement reform is okay with illinois democratic senator dig durbin, but thinks that social security should be left alone. >> social security does not add one penny to our debt. not a penny. its a separate funded operation and we can do things and i believe we should, smaller things played out long-term that give it solvency. >>...