Page 2 - Deficit Approach News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Overall is in pretty good shape. little minor changes in social security. the real problem is this debt and deficit and medicare is a huge driver of that, and so is the lack of revenue. the fact that we keep cutting taxes for rich people, like me and president obama said like himself, as well. the notion -- by the way, that 12 years is too long to cut the spending but mr. ryan's proposal, our viewers should know, does not come into balance for 50 years. it's a trojan horse. it's not about the deficit. the president said we have to cut spending and raise taxes. mr. ryan wants to eliminate medic...

Economics. >> well, it is, but it's actually not a huge driver of the deficit. social security, i think -- well, not only i think but even the actuaries say overall is in pretty good shape. little minor changes in social security. the real problem is this debt and deficit and medicare is a huge driver of that, but so is the lack of revenue. so is the fact that we keep cutting taxes for rich people, like me, and president obama said it, like himself as well. the notion -- by the way, that 12 years is too long to cut the spending but mr. ryan's proposal, our viewers should know, does not come in...