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Detailed text transcripts for TV channel - MSNBC - 20110416:11:44:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20110416:11:44:00

Perspective, as baby boomers retire, there is a whole group of us that -- i'm a baby boomer, that are going to go through. we have fewer children than our parents. there are fewer people paying into the system to support us. the actuariys say medicare will go bankrupt by 2017. in six years, it goes bankrupt. the president has proposed nothing to dress this. and in fact his health care plan took $500 billion from medicare to create his new entitlement program instead of strengthening medicare. well, paul ryan's budget takes that $500 billion the president took from it, reinvests it in medicare ...