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If we want to keep the dmoiment seniors, you must reform it for the younger generation to cash flow the current generation. if we have a debt crisis and medicare goes bankrupt, everybody is hurt, including current seniors and we want to avoid that. >> greta: all right. somebody's got to get cut. >> who is getting hit? who will be unhappy? >> every government agency, across the board gets cut. from the pentagon? >> greta: how much? >> $300 billion off the base budget. >> greta: how did that compare to the president? >> he cut its deeper. we think he goes deeper to the point where he will hollow...

If we want to keep the dmoiment seniors, you must reform it for the younger generation to cash flow the current generation. if we have a debt crisis and medicare goes bankrupt, everybody is hurt, including current seniors and we want to avoid that. >> greta: all right. somebody's got to get cut. >> who is getting hit? who will be unhappy? >> every government agency, across the board gets cut. from the pentagon? >> greta: how much? >> $300 billion off the base budget. >> greta: how did that compare to the president? >> he cut its deeper. we think he goes deeper to the point where he will hollow...

Democratic national chair. it's good to talk to you today. >> thanks, contessa. good to be back. >> what do you think, tim, that the president needs to say tonight? >> i think, contessa, you're going to see him focus significantly on the economy. he has done yomans work working with so many to turn a shrinking economy into a growing one. joble lesosses to job gains. now the challenge is let's put growth into overdrive and i think the president will talk about that significantly this ev evening. >> when we're looking at the debt limit, we're hearing republicans pounding this line over and over ...