Detailed text transcripts for TV channel - MSNBC - 20110523:

Detailed text transcripts for TV channel - MSNBC - 20110523:06:26:00

of the house budget committee, chris van hollen of maryland. author of the new book -- not the new book, best-selling book "too big to fail," but now a new hbo movie, "the new york times'" andrew ross sorkin, chief foreign correspondent for nbc news, andrea mitchell, columnist for "the washington post," eugene robinson. welcome to all of you. congressman, i want to start with you, fresh off this paul ryan interview. he's not giving ground on medicare after patching things up with newt gingrich. where does that leave negotiations on whether any kind of entitlement reform concerning medicare can be agreed to? >> well, you're right, david, it sounds like the republicans are doubling down on their plan to end the medicare guarantee. you know, newt gingrich had it right a week ago on this show. it is a radical plan, it is right-wing social engineering, and it is for this reason, because they take away the medicaid guarantee. they say to seniors, you've got to go into the private insurance market, and independent congressional budget offices point out two things -- in that market, prices keep going up, and under their plan, support for seniors under medicare goes

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