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Closing loopholes for the wealthiest -- >> chris: the president calls for 320 billion dollars in savings from medicare and medicaid. it is all by reducing waste and payments, improper payments. there are no cuts to beneficiaries. no cuts to beneficiaries until 2017 even reelected president obama would already be out of office that's the kind of tough budget cut that the president was talking about? >> a lot of people in dealing with medicare, i believe the ryan plan, had that kind of approach too. >> chris: that's not true. he half a trillion in budget cuts over the next decade. [ talking over...

Closing loopholes for the wealthiest -- >> chris: the president calls for 320 billion dollars in savings from medicare and medicaid. it is all by reducing waste and payments, improper payments. there are no cuts to beneficiaries. no cuts to beneficiaries until 2017 even reelected president obama would already be out of office that's the kind of tough budget cut that the president was talking about? >> a lot of people in dealing with medicare, i believe the ryan plan, had that kind of approach too. >> chris: that's not true. he half a trillion in budget cuts over the next decade. [ talking over...