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The most upper income strata are investing in this economy because i think we need to invest our way through it. it can t all be done by an assault on the middle class by cutting domestic programs and investments important to working families. shannon: you talked about the belt tightening. that is something that both parties agree on. where do we tighten the belt? right. i think there are opportunities for us to build in build in efficiencies. for instance, bulk purchasing of pharmaceutical needs for the medicare program. making certain that we look at contractors, sub contractors for the defense department and the pentagon. there are people making tremendous columns of profit on our investment in the war and i think that those area need to be certainly closer scrutinized and we also need to make certain that we discard programs that are no longer useful. making search that we go after ....
Cutting domestic programs and investments important to working families. shannon: you talked about the belt tightening. that is something that both parties agree on. where do we tighten the belt? right. i think there are opportunities for us to build in build in efficiencies. for instance, bulk purchasing of pharmaceutical needs for the medicare program. making certain that we look at contractors, sub contractors for the defense department and the pentagon. there are people making tremendous columns of profit on our investment in the war and i think that those area need to be certainly closer scrutinized and we also need to make certain that we discard programs that are no longer useful. making search that we go after fraud. there are documentations of fraud being addressed in the medicare program in the recent past weeks. one example comes to find where with ct chest scans we could ....
well, you know, what i think we have done in the affordable care act is improve medicare. the republican plan is to end medicare. i support keeping medicare intact. we need to improve it, we need to do bulk purchasing of pharmaceuticals and to rein in fraud. and continue the efforts that we made in aca to strengthen medicare. but not to end it. the public doesn t want that. martha: pardon me for interrupting, but there s an interesting editorial in today s wall street journal , and it was written by one of the trustees of social of secret of social security, excuse me, and medicare. and he claims that under the obama medical program under the health care reform act that, in fact, people 65 and over would see their benefits slunk by $ shrunk by $36,000 as soon as the plan kicks in, and that is basically the equivalent of losing three years of benefits. so what they re saying is the pain for seniors would actually start right away in 2014, and ....
In you would like this woman to come forward, wouldn t you? i would like her to come forward but an article in the washington post that just came out. the reporter says it s not made up the context. let s move on. let s talk about issues that matter to everybody watching this program. the bush tax cut. you basically believe it should be continued for everyone. i think it should be continued for everyone. i don t think that we need to be raising taxes during a time of recession. but these estimates are pretty well accepted about $4 trillion. the cost. how do we make that up in terms of the national debt, by spending cuts or other tax increases or do we just add $4 trillion. no, no, no. if we keep the tax cuts for another ten years, the estimate is it would cost the treasury. how do you deal with that fact? you deal with it by allowing medicare to engage in bulk purchasing about $200 billion in savings. you allow you allow medicare fraud unit to take about $100 in the sav ....
Questioning dr. paul on this, they haven t looked at the facts and these are facts. you want more facts to come in you would like this woman to come forward, wouldn t you? i would like her to come forward but an article in the washington post that just came out. the reporter says it s not made up the context. let s move on. let s talk about issues that matter to everybody watching this program. the bush tax cut. you basically believe it should be continued for everyone. i think it should be continued for everyone. i don t think that we need to be raising taxes during a time of recession. but these estimates are pretty well accepted about $4 trillion. the cost. how do we make that up in terms of the national debt, by spending cuts or other tax increases or do we just add $4 trillion. no, no, no. if we keep the tax cuts for another ten years, the estimate is it would cost the treasury. how do you deal with that fact? you deal with it by allowing medicare to engage in bulk ....