Detailed text transcripts for TV channel - MSNBC - 20110414:03:23:00
Trillion in budget cuts over the coming decade. huge cuts in medicaid, and then the medicare cuts get even bigger in the decade after that. but it uses most of that money for tax cuts. it has $4.2 trillion in tax cuts, and in the health care area, you know what the ryan plan does -- the congressional budget office says this -- it actually makes medicare more expensive but it saves money for the government by having the government pay so much less of the cost of medicare that it's a huge shift on to the backs of beneficiaries. it shifts costs to beneficiaries, it doesn't lower health care costs...