Page 54 - Support Program News Today

Senior si citizens. >> chris: i want to stick on the entitlements for aoment. the democrats have been hammering the gop ever sense they supported your plan, the ryan plan that would have created a premium support program. some people call it a voucher plan would have reduced -- made healthcare costs more expensive for medicare recipients starting in ten years. does the fact that the president is addressing any entitlement reform takele bulls eye off the gops back? >> it is constructive in that h...

Sfend -- spending, $1 trillion in dispfs $1 trillion in discretionary and roughly $1 trillion in entitlements and we raise $2 trillion in new taxes. >> a new sales tax. >> yes. on the tax front, we actually lower rates and eliminate a lot of deductions. we broaden the base and create a more -- >> eliminate every deduction, except mortgage and charity. >> thats right. >> for entitlement, you make rich people pay more. >> thats a tiny factor. what really gets our savings is convert the medicare pr...

Trillion is from discretionary sfend -- spending, $1 trillion in dispfs $1 trillion in discretionary and roughly $1 trillion in entitlements and we raise $2 trillion in new taxes. >> a new sales tax. >> yes. on the tax front, we actually lower rates and eliminate a lot of deductions. we broaden the base and create a more -- >> eliminate every deduction, except mortgage and charity. >> thats right. >> for entitlement, you make rich people pay more. >> thats a tiny factor. what really gets our sav...

Undo burden on the economy as a whole and the middle class. it is perfectly within our capacity as a country and you do not need to make savage, deep cuts in these entitlement programs to our seniors, commitments weve made for generations. you do not need to abandon those commitments in order to bring balance to the fiscal position. you can reform them. >> you talk about the proposal that chairman ryan has in the house to change medicare, basically, as we know it, change it into a voucher progra...

Undo burden on the economy as a whole and the middle class. it is perfectly within our capacity as a country and you do not need to make savage, deep cuts in these entitlement programs to our seniors, commitments weve made for generations. you do not need to abandon those commitments in order to bring balance to the fiscal position. you can reform them. >> you talk about the proposal that chairman ryan has in the house to change medicare, basically, as we know it, change it into a voucher progra...

Keeping up with increasing costs. the number is expected to spike over 30% in the next decade as our population ages or as the baby boomers age and during that time costs are expected to increase by 50% per enrolenroll. without reform, it is estimated that by 2013, it will be out of this world. two changes to the plan. jean? >> two changes. one, a program into what he calls a support program. in the 2020s, once people entered medicare, they would get a cab subsidy to help pay for a private insur...

Getting a handle on the problem with the gang of six. bill: as a democrat, you say -- >> i worked and got a balanced budget through in the clinton administration, and you have to point out differences, but compromise. this speech yesterday, sadly rich, i know you agree, did more to polarize and divide than to find common ground im disappointed in that. >> i think bill, thats the point of it. i dont think president obama really wants a deal on this. i think he wants the issue, i think he wants to...

Finally, let me finish with the 150th anniversary of the greatest of all american tragedies, the civil war and the great good that came of it. we start with killing medicare versus raising taxes. what a choice. congresswoman marcy kaptor is a democrat from ohio and tom cole, a republican from oklahoma, both are on the budget committee, which wouldnt be more important these days. congressman, it seems to me paul ryan is talking about replacing medicare as it was created back in the 60s with some ...

>> reporter: well, the president did reach for, as i said that soaring sort of rhetoric that speaks to the basic aspirations of people in the beliefs of what america is. he said it tells us the ryanç plan, talking about the republican plan, it tells us we cant afford the america we believe in. so the president sort of laid out what his vision for america and the sort of details, what we can afford, the percentage of the national budget thats devoted to things like social security, medicare, me...

And, get out. and then the second one hit and they said we are being bombed. and so they all went their ways. >> shepard: today, gary has 10 super runners shops in other parts of new york. he is forever connected to the world trade center. >> we were there and we are not going to forget about it. >> thats why gary is donating money to the signs of support program to help build a permanent memorial at ground zero it opens in less than six months. 9/11 memorial president joe damages says business ...