564 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Again, it's not what the president is doing. people aren't sitting down saying, gee, i like this policy of the president's or i dislike it. they're saying things are not going that well. when a sports team is losing they blame the coach. when the economy is not doing well, the president gets the blame. >> that's exactly right. one thing the president can be blamed for is his own budget. he devised it. the president laid out an almost $4 trillion budgetweek. this is for 2014. it would lead to $564 billion deficit. that's about 3% of the gdp. is this getting the press it deserves? >> they're tal...

$564 billion. that is funny. i haven't heard that fact over the mainstream media. joining me with reaction, co-host of the five, bob beckel and author. radio talk show host. the only candidate in this race who has cut medicare, gutted medicare and taken money away from seniors is barack obama, paul ryan has not proposed such a thing. this is the lies and distortion that keeps going forward. >> there isn't a single american 55 or older that would have single medicare point changed. already president obama's $717 billion in cuts have result in millions of seniors trying to find a new doctor who ...

$564 billion. that is funny. i haven't heard that fact over the mainstream media. joining me with reaction, co-host of the five, bob beckel and author. radio talk show host. the only candidate in this race who has cut medicare, gutted medicare and taken money away from seniors is barack obama, paul ryan has not proposed such a thing. this is the lies and distortion that keeps going forward. >> there isn't a single american 55 or older that would have single medicare point changed. already president obama's $717 billion in cuts have result in millions of seniors trying to find a new doctor who ...

The picked over throughout the weekend after the vice-presidential pick. start with the paul ryan plan, if you're 55 or older you can keep medicare now to eternity. no change at all in medicare if you're currently 55 or older. by the year 2022, medicare will shift. seniors will get a government payment which they can spend as they see fit on private health insurance policies. that is the ryan medicare plan in a nutshell. the obama medicare plan, consists of large cuts, up to $560 billion over 10 years, plus tax increases. so the difference between the two is pretty stark. paul ryan would refor...

Another, granny off a cliff demonization ad, within seconds of the release. my point is, you spent a weekend looking at the so-called ryan plan for medicare, what's the president's plan for medicare? it's totally out of control. it's running us towards bankruptcy. what is the president's plan for dealing with medicare? we know the ryan plan. it's been demonized to death. what's your plan, mr. president? can you tell me what it is? >> steve: to the best of my knowledge, i don't know his plan for fixing that or fixing social security or anything like that. here is some important headline. that i...