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Board and sparked a major debate in congress. joining us now is congressman larry bushon. and ration health care to people and make decisions best left to doctors and patients, but would the panel have the authority to be involved in all aspects of health care? >> the president's health care plan 575 billion dollars from the medicare portion of what the government pays for seniors. the president also budget, in his budget proposed another 300 billion in cuts. what the independent advisory board's role would be, further cuts to the medicare program. they're fairly limited what they can do, othe...

I need a pacemaker. [screaming] >> president obama again throwing seniors off the cliff when they voted to cut medicare's budget by $575 billion. >> okay, bob. what do you make of it? this is the law of the land. have you to admit. obamacare did cut over a half trillion from medicare. why aren't democrats accused of pushing granny or the cliff. >> you know how upset i'm getting? my eyes are turning red. >> i can see that. >> i'm full of furry and passion. i understand the democrats have done the same thing -- the fact of the matter is, there are-- the obama administration did not sell obamacar...

>>neil: but this is the tip of the chalice. one is you pay big time. >>guest: going next year in 2013 people are going to be clobbered with big new taxes. for example, if you sell your home and you make a profit of $200,000 or more you will be hit with a big unearned income tax 3.8 percent on top of your regular capital gains tax. you are also going to say if you earn over $200,000 a year or as a couple $250,000, you will see more taken from your paycheck and a bigger chunk taken out for the payroll tax. it will go from $1.45 to $3.25 percent so less take home pay. >>neil: what does this fund?...

Prescription for truth. we need some truth right here. what's right? >> what's right is that this man named richard foster, the chief actuary for the office of the actuary in the center for medicaid and medicare and he says that these savings are illusory, that you can't take $575 billion in medicare cuts and say, we're going to do two things with it. pay for new enrollees in medicaid, the new entitlement program, and we're going to make the trust fund for medicare go longer until 2029. so what he's saying is, you can't have producers-type accounting. you can't spend the money twice. >> brian:...

Department. >> professional actuary. what he's saying is, i looked at this, i don't accept all of the representations and all the assumptions that are being made. we can't make a determination about what's going to happen in terms of reduction and health care costs and we certainly can't take this $575 billion and say, oh, it's going to help us here and help us there and it's going to help us everywhere. it can be spent only once and it presents a savings only once. >> brian: peter, thank you. you did a great job. >> thank you. >> brian: straight ahead, the decision to sell marijuana in our na...