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Detailed text transcripts for TV channel - FOXNEWS - 20120812:17:36:00

Explanation does get ignored by the media is his changes he proposes to medicare do not affect those who are 55 and older today and the changes that he proposes are some common sense austerity measures that are the only way if they are implemented they are the only way to save medicare and medicaid and social security, our other safety nets for many americans who will rely on them. we have to do things differently. we cannot keep repeating the same mistakes in the past and what the mistakes have been in the past that have been per set perpetuated by president obama and his leftist friends in congress have been just spending more money, more money, more money, not even have a budget or blueprint to get us back on the right track, not even telling americans what is the plan to allow us to live within our means. so paul ryan s solutions, his proposals, they are common sense and based on necessity. shannon: our next question is about endorsing it says will you give your wholehearted ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120812:16:49:00

He is the counterpart on the house budget committee. congressman, thank you for scomming in. great thank you for coming in. great to be with you. what do you see as the biggest points where you cannot compromise? the fundamental choice that the ryan budget makes and now the romney ryan budget is that it asks nothing of the folks at the top. like mitt romney. they have to deal with the deficit, and we do. but they don t ask for one penny of additional contribution for deficit reduction from folks at the top. and that means mathematically they will hit everybody else harder. they hit seniors on medicare. they reduce our investment in infrastructure, and we just think those are bad choices. i do think this pick will sharpen the choice in the election. it will sharpen it in a way that will help the president, but i do think we are in for a very good debate. do you think there is an appetite though for issues like tax reform spelled out in the ryan plan? it is changing from seve ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120812:16:51:00

Plan it does ask for a lot from a lot of americans and different classes of people. it is something that will be a painful conversation they have admitted to have. what is the counterpart? just to be clear though, i don t think it is bold to ask seniors whose median income is $23,000 and under to pay a lot more on medicare when you are asking nothing of folks at the very high end of the income scale, people like mitt romney. if they were really bold, they would take on grover norquist in a pledge that says they will not ask for one more penny from folks at the top. in terms of the overall approach let me stop you there. outside groups say it is not accurate to say it will ask a lot more of seniors. you can stay in the current medicare plan under this proposal or you could go for other options that will put you into the private insurance market. and in the end it is going to be about making sure the safety net for low income seniors and means testing some of the higher payouts. so ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120812:16:19:00

Running for the white house and having to make a pick for vp. senator john mccain, his reaction to paul ryan? he thought ryan was a terrific pick. he still says was the right choice for the time. but he says paul ryan has got big, bold ideas. it is the sort the romney campaign needs. and the fact that he unlike the democrats in the senate has not passed a budget resolution in days now. like it or not, he at least has a plan, and going forward as well. it was initially thought recently that medicare would go bankrupt in nine years. that has been stretched out to 12. 12 years from now 2024 medicare is going to be bank rupt. it is bankrupt. you have to do something about it, and he says at the very least paul ryan has put out a plan to do it. the plan a little modified from his original one, but one many people don t like and the ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120812:16:18:00

They have not had a plan yet to save social security and medicare, and they have had nearly four years to do it. paul ryan has taken the courageous steps to bring this issue to the forefront and we will have to address it and under a romney ryan administration you will see it addressed. not like this administration who has done nothing. they haven t even passed a budget through the senate of the united states of america in three years. medicare and social security will face hard times in the next few years. they say the romney-ryan plan puts something on the table at least. now, hear what the last republican nominee thinks about paul ryan. you started off with the man who was in the position of mitt romney four years ago and ....

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