state is going to be largely driven by the great big tax giveaways that republicans have pursued nearly every legislative session i can remember. we know the fastest growing part of the state s budget is its health care costs. we also know that this governor failed to expand medicaid for over 700,000 of the most medically needy people in this state, leaving $6 billion alone last year on the table, money that could have come from the federal government to help prop up that system, while here in the state of florida we have a nursing shortage. we can t find enough nurses to go type the field. and i think largely because we have failed to step up to that task. listen, i believe obviously at my level as governor we have the ability to expand medicaid with the work and cooperation of the legislature if the federal government will still give it to you. and if they keep doing what they re doing on the federal level, the transition costs for your state i understand that there are studi
years ago. we haven t done a great job of figuring out how to get those people better employment. that is exactly right. and we need to and many people have been saying this idea goes back to john f. kennedy in the 1960s, trade adjustment assistance. we ve had it since the 70s. it s a puny program helping a relatively small number of people and not that major away. we can do better with that. we can do better with job retraining. we could do better with mobility assistance for people that want to move. not everybody does. some things need to move to improve you ve been unemployed for a decade hoping your job is coming back, moving is a big deal if you re 50, 55 years old. absolutely right. one of the things i mention in the book, when we economists and some of us do, dismiss this as transition costs right. it will all be fine in the end. for the kind of person you re talking about who worked in a steel mill 30 years, he s 50,
catalonia banking system. the transition costs for the economy if it would become independent would be considerable. that was alex white there from the economist intelligence unit talking to cnn. you re watching cnn newsroom. ahead, we catch up with a family who had an unforgettable meeting with pope john paul ii nearly 40 years ago. plus, a powerful typhoon is headed straight for taiwan. we ll get the latest forecast from meteorologist derek van dam as this broadcast continues around the world this hour on cnn international and cnn usa. dave s been working on his game, morning double bogie. hey, three putt. and starting each day with a delicious bowl of heart healthy kellogg s raisin bran. how s your cereal? sweet! tastes like winning. how would you know what winning tastes like? dave loves the two scoops and that kellogg s raisin bran is one more step towards a healthy tomorrow. you eat slower than you play. you re in a hurry to lose, huh? oh, ok! invest in your heart health,
is that appeasing parents at all? no. they want their kids as near to home as possible because they don t want the kids to have to cross any gang lines. they don t want them to be on the streets any longer than they have to. one thing that the public schools did do when they were talking about this is they decided not to include high schools on the list because it had been problematic with high schools before. but they are little kids are still affected by this. sure. let s look at the money here because the district is facing a billion dollar shortfall. the closures could net $560 million and the city will have to bridge those transition costs. what are the incentives tied to closures and does the teacher union propose an alternative solution? one of the things that the teacher union has proposed is putting a moratorium on school closing so the effects of them can be better studied, so they can look at ways to do this that is less disruptive.
how does h he keep getting the image of being a deficit reducer? washington has a short themry. ryan was not a deficit hawk. go back in his career. he voted for the bush tax cuts, unfunded wars for iraq and afghanistan, voted for the medicare prescription drug benefit, a social security privatization proposal. in 2005, the george w. bush administration rejected because it would be too expense i. the transition costs would be in the trillions of dollars. what he found later on, the way he could get these policies taken so seriously, not seen as so radical, was to bring them in under the cloak of deficit reduction, under the guise of preventing a debt crisis, it would be worse than anything he was proposing. but these budgets have sort of deactivated i think a lot of normal defenses and skepticism in washington. because they sort of such a broad bipartisan acceptance of the idea you need deficit reduction right now people are willing to accept things they wouldn t normally accept as