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Obama in a 20 09 interview, admitting that he is going to cut medicare, which he did and he is the only candidate in this race that cut medicare. watch this. >> one of the concerns about health care and how you pay for, one-third of the funding comes from cuts to medicare. >> right. >> are you willing to pledge that whatever cuts in medicare are being made to fund health insurance, one-third of it, that you will veto anything that tries to undo that? >> yes. i actually have said that... it is important for us to make sure this thing is deficit neutral without tricks. i said i wouldn't sign a b...

Trillion more. these numbers don't add up. >> but the depression will do that. >> when you lose $500 billion in tax revenues a year because of a depression, that's what happens. >> how does this relate to krugman? you can engage in long-term spending controls. you can undertake short-term stimulus stimulus and the economy can grow. that's where i disagree with mr. krugman. >> krugman says he is in favor of long-term deficit control. this is not the time to start cutting spending. so, you know, you could theoretically do some legislation now that involved additional spending for jobs with a lon...

Meet that pledge, some of our members wanted more. fine. and this week, we were able to come successfully, to an agreement to cut $100 billion of spending from those seven months remaining in this fiscal year. >> it's going to be painful, though. "the new york times" editorialized this week in this way, beyond region in the budget, after two years of raging, republican leaders have revealed their real vision of small government, tens of billions in ideologically-driven cuts to job training they want more than $32 million in cuts into the next seven muts. they would be terribly damaging to a fr...

Protection. dozens of other critical functions that only the government can perform. all they want more than $32 billion of cuts below current spending packed into the next seven months. they would be terribly damaging to a frail recovery. while spending reductions must be part of long-term deficit control these are the wrong cuts to the wrong programs at the wrong time. is this too much at this time? >> david, david, we're broke. what's really dangerous is if we continue to do nothing and allow the status quo to stay in place. when are we going to get serious about cutting spending? and our m...

Area, defense, when the democrats are then going to turn around and protect social security and medicaid. i had tom price, the chairman of this group, on my tv one show washington watch. he said two weeks ago everything is on the table. what happened? did it get thrown off the table? republicans can't stand here and talk about deficit control and spending if they are unwilling to confront defense spending? >> roland is right on that point. i'm disheartened to see they took defense off the table. there are ways to cut defense contractors. pentagon has a slew of projects they don't want but memb...