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Detailed text transcripts for TV channel - CNN - 20110413:16:15:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110413:16:15:00

Programs are really shaping what this debate is all about. our cnn's don lemon has a closer look. you're not doing the auctioning, are you? >> i can use the numbers. >> you've got to slow it down. >> you and i are about the same age. we've been paying into the system for about the same amount of time and we expect to have that money when we retire, when we get sick. we want that money as many americans -- most americans do. listen. when you're trying to deal with a huge budget deficit and one that is $40 trillion over the next ten or eleven years, we're going to have to look at that closely. i...

Detailed text transcripts for TV channel - CNN - 20110413:17:14:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110413:17:14:00

The president will also talk about strengthening medicare, medicaid, along with social security. these three entitlements make up a big part of the budget but cutting them koult have to do with a big part of it. >> if you look over the next 11, 12 years, $40 trillion. it makes up a big part of the budget. they say 40% of the budget comes from entitlements like social security, medicare, medicaid. look at this. 24%. that comes straight from medicare. 12.8% from medicare, 7.28% from medicaid, 20.4% from social security. pardon me. that's a big, big chunk of the budget. these are places where cha...

Detailed text transcripts for TV channel - CNN - 20110413:15:16:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110413:15:16:00

Social security makes that up. and medicare, 12.8 and 8.2 for medicaid. they can make changes but are afraid to touch it because people rely on it, paid into it and what to get what they're owed. this makes up a big part of the budget, social security specifically. 2010, about now, three workers for every retiree. every person retired has about three people in the workforce supporting them. by the time we get to 2035, we go up to about 50 million people who have retired from the work force, you only have two workers to support every retiree. again, that's because of the baby boomers. a lot of ...

Detailed text transcripts for TV channel - CNN - 20110413:14:12:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110413:14:12:00

Your pocketbook. cnn's don lemon is here. don i leave it to you. break it down for us. >> what we're really going to talk about, entitlement issues. they can make a mark. we want them. a lot of us are baby boomers and rely on that money. up until 2022, the federal budget is about $40 trillion. and the bulk of that, 40% of that, comes from entitlements, like social security here. you see, it makes up about 20.4% of budget. 12.8% is medicare. medicaid, 7.2%. again, social security, 20.4, medicare, 12.8 and medicaid, 7.2. a place where changes can be made but politicians are afraid to do that bec...

Detailed text transcripts for TV channel - MSNBC - 20110130:14:42:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20110130:14:42:00

From the suez canal. one of the key complaints from protesters in egypt is that they have not enjoyed the fruits of this economic success. that's the distribution of wealth issue. now, the unemployment rate is 9.7%, and this unemployment rate is growing. and it's the young people that we've seen on the streets. that doesn't bode well. there's a population of 82 million or so, and many of them are under 30 years of age, and they're no longer happy to settle for modest jobs. and quite a few of the protesters over the last few days have been talking about the lack of jobs. they said we want jobs....