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Eligible for medicare, would go up to 67. this plan also includes some $749 billion in higher tax revenue. that would come from capping itemized deductions at $50,000 which would hit wealthier americans the hardest. senator bob corker with me, republican, member of the senate banking committee. how are you doing, senator? >> i'm great. thanks for having me on today. bill: rolling the big boulder up the hill one way or another now. >> that's right. bill: why do you believe this plan is something congress could have acted on for two years? you say it's been on the table that long. >> bill, we ha...

Editorial board. the president said the math tends not to work with just closing loopholes and limiting deductions. but, if we were to do that you say the math actually does add up. >> a lot of independent analysts have said the math does work. and tax policy center, i think you were being kind. they are kind of on the left. have you had people of all stripes crunching these numbers ever since mitt romney said let's cap deductions and the answer is the money is there if is he willing to abandon this kind of liberal orthodoxy that you have to raise tax rates. >> bring in 749 billion in extra re...