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Cutting medicare, medicaid, food safety, education, medical research -- >> obama has already cut medicare. >> no, he didn't. >> $500 billion. oh, he transferred. that's washington, folks. we transferred funds. >> we gave them money -- >> we didn't cut. they transferred funds. >> hey, can i finish? >> seriously. a half a billion dollars. >> can i finish one point? >> yes, i can. >> that money was used to plug the donut hole. >> oh, yeah, donut hole. >> you want to make fun of that? >> i'm not. it's that your washington speak is not the reality for people out there. >> just to make one point, i ...

That's the memo. now reaction with us political analyst dick morris, the author of the big new best seller "revolt." all right. let's get very specific in this conversation. the president had a long, long speech but basically okay, i'm gonna cut, we're going to raise taxes on the rich. and you can't be taking stuff away from folks da'da da'da da'da da'da. 59% of americans say okay, we want taxes on the rich. are you surprised by that? >> well, it depends on how you ask the question. >> bill: it was asked pretty directly by gallup. >> in the past i have seen it more or less in the mid 40s. but,...