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Detailed text transcripts for TV channel - FOXNEWS - 20110603:21:35:00

They overcharge the private payier. that system is not sustainable. bret: let me stop you there. they reduce the medicare spending reducing the reimbursement to providers. if the congressman ryan says, wouldn t it mean that seniors eventually would have trouble getting doctors or finding. first, let me respond to the first point he made. that medicare is going bankrupt. if you look at the trustee report it s not in there at all. what it does have with respect to part d the hospital part, that in 2024, may be accelerated we ll fall short in terms of premiums. part a. part a for hospitals. it will be 90% funded on payroll. big chunk of medicare is funded through general revenue. 50% of it now. a suggestion that the shortfall in port a is somehow bankrupting the program is just false. bret: jack lew said it won t fall off a cliff. it is not going to fall off a cliff

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