Page 2 - Program Solvent News Today

Screwed out of this. they need them to make this program solvent. its the biggest bait and switch ive ever seen aside from social security that obama care is carrying out here over the younger generation. and in st. louis, sean, in my city alone, because of obama care, we have a ton of people who have blue cross/blue shield in st. louis. the hospital, b jc, a big health system here, all the best hospitals, the cancer center, theyre not now able to go to those hospitals because theyre not in the ...

Style of presidential leadership. the president takes nosponsibiln sequester. he has had a year to fix t. he could fix it today. he could send us a plan tomorrow. we could have back to him a result within a couple of weeks. he could suggest that we spread it out over the discretionary part of the budget, 2%. he could suggest we spread it out over the whole budget. that would be a 7% cut. we could spread it out over the whole budget, 2% cut. he could do what senator corcorin and i have done, whic...

The retirement age slowly which makes a little bit of sense for people as for medicare changes on that front, too. not for existing recipients but future recipients what they would like to do is make minor changes. tweak it a bit. they would like to do a voucher type system where they would buy private insurance on the government different priechs on this one, too. it is about keeping the program solvent. you wouldnt have to use the vouchers you could go with the current system option as well. a...

Of the way theyre trying to reduce that trust deficit that they have when it comes to medicare. clearly, just the very sentence of saying, $716 billion from -- obama care is taking that from medicare, thats just a flat-out lie, because the next part they dont tell you is hes taking that money in savings to then put it back into the program to reduce costs, increase efficiencies and make the program solvent for a longer period of time. they dont tell you that piece. >> and to stop waste and fraud...

Transfer in the political will to do it. well see whether or not that is the case. i dont expect or necessarily want this to be the only proposal out there . somebody else has the way to get to the end of making the program solvent without increasing taxes i would like to see it. >> president obama doesnt believe that system is the real problem to the deficit. what do you say to that? >> it is not the only problem. i yeah go with him to that extent. but it doesnt mean that we dont need to addres...

This, watching it play out, right below him. and we will be joined by him just momenting from now, very big developments on the streets in cairo. whats it all mean? well take you there in a moment. bill: now to our decifit, how to get it under control. he says he wants to save social security from going bankrupt. and lindsey graham, the republican out of south carolina today proposing a bold new plan to keep the program solvent. he wants congress to raise the retirement age from 67 to 69. what a...

Instance, you say the federal government, united states of america will be bankrupt in four years. why? >> well, because whos gonna bail out the federal government? theyve been bailing us out. theyve been reimbursing us at a higher rate. weve got all these medicaid waivers coming through. the country has been generous to keep this program solvent. whos going to bail out the united states of america? the thing the people have to remember is we started this experiment with the highest rates of cov...

Ronald reagans tax bill. he came in -- what was the bill? he wanted 30% across the board for all taxpayers, the same cut in rates, and a number of folks who were working poor were dropped from the rolls. you cannot call that a just for the rich tax cut. sure, he cut taxes from 70% to 20% and the economy boomed for 20 years. through reagan and clinton, we created 40 million jobs. >> reagan gets the credit for the clinton boom? all right. >> he gets credit for cutting the budget and keeping it dow...

With democrats. >> yours is a caricature of ronald reagans tax bill. he wanted 30% across the board for all taxpayers, the same cut in rates, and a number of folks who were working poor were dropped from the rolls. you cannot call that a just for the rich tax cut. sure, he cut taxes from 70% to 20% and the economy boomed for 20 years. through reagan and clinton, we created 40 million jobs. >> reagan gets the credit for the clinton boom? all right. >> frankly, running a small conservative economi...

Conservative economic policy. ill give him credit. >> one of the sad -- but one of the sad -- >> it kept the economy going. and so did volcker. >> but ronald reagan raised the payroll taxes. which really hurt -- >> but joan, theyre for social security. they make the program solvent. >> there were other ways to do it. he was a person who accommodated reality in a way that the tea party folks dont. he was a person that was to the detriment of my party, expanded his party. he was a big tent republi...