Page 37 - 360 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Target responsible spending cuts and making changes to entitlement programs that don't go after the middle class, particularly our middle class seniors first. >> what's your next question. >> how about means testing for medicare benefits for hiring medicare beneficiariebeneficiar? >> president obama's proposal, which is on white house.gov, the grand bargain has $360 billion in medicare savings right there for the taking. we actually have more savings that we can ring out of those programs. we don't need, though -- >> is that enough? >> what it is, it's not first. let's do everything we can and...

President obama knows and has proposed in his grand bargain $4 trillion deal, remember, he proposed another $360 billion in savings for entitlement programs, which we'll have an opportunity to look at as well. >> congresswoman, can you tell us tonight where you can go to get revenue? i'm talking about -- are we talking about a transaction tax on wall street, something like that? >> no. we have to take a look -- we've talked for a long time about finally reforming the tax code there are so many loopholes in the tax code that really also skew towards the wealthiest americans that ultimately if w...

Top earners to 39.6%, that does not mean -- >> sure. >> -- that revenue is off the table for the future. >> here is what the president said last night about medicare. it caught a lot of people's attention. here it is. >> i agree with democrats and republicans that the aging population and the rising cost of health care makes medicare the biggest contributor to our deficit. i believe we've got to find ways to reform that program without hurting seniors who depend on it to survive. >> that scares a lot of liberals in this country right now. what do you mean by draw the line? where do you draw th...

Republicans that the aging population and the rising cost of health care makes medicare the biggest contributor to our deficit. i believe we've got to find ways to reform that program without hurting seniors who depend on it to survive. >> that scares a lot of liberals in this country right now. what do you mean by draw the line? where do you draw the line on cuts to the big three? >> i think the president is absolutely right. we do need to add savings to medicare so that we can make sure we preserve it for the long-term. we were able to do that with $760 billion in savings in the affordable c...

Population and the rising cost of health care makes medicare the biggest contributor to our deficit. i believe we've got to find ways to reform that program without hurting seniors who depend on it to survive. >> that scares a lot of liberals in this country right now. what do you mean by draw the line? where do you draw the line on cuts to the big three? >> i think the president is absolutely right. we do need to add savings to medicare so that we can make sure we preserve it for the long-term. we were able to do that with $760 billion in savings in the affordable care act. and that added eig...