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Or there's less money being put into it by the federal government. so which is it? >> so we give people the average amount that medicare gives you today, but with a couple of changes. number one if you're wealthy he we don't give you nearly as much. if you're poor you get additional subsidy. >> or stay in medicare as-is. >> you get a finite amount of money to go into medicare and so we adjust it based on sickness, based on wealth, means test, more for the poor, less for the wealthy and saves money, but the choice in competition drives down the cost increases. like medicare part d, that's a pro...

Things out or explaining, but we have to have a way of discussing real-life issues. it is reported he cuts medicare by -- medicaid by one-third. that's a fact in their budget. two-thirds of medicaid goes to people with disabilities or people who have somebody with, at nursing homes or people with families with disabilities. you can't cut a program by a third and not hurt people. the math just doesn't add up. >> agreement there, but let's talk about medicare again. it your -- >> let me talk about it. >> is your position, the white house's position, that medicare as-is, will survive over the nex...

Overwhelmingly against the jobs bill, of course we can't get 60 votes. you know that, chuck, without republican votes. >> so what is the plan after today? the whole bill doesn't make it. doesn't get to 60 votes. then it's piecemeal? piece-by-piece? >> piece-by-piece. each of the pieces has broad support among the american people. >> eric: broad support. what? >> bob: get down to what this is about. a number of democrats are up for re-election. a lot of them did not want to vote for the bill as-is. they told harry reid and schumer they won't do that. they broke it up so some can vote for trade ...

Overwhelmingly against the jobs bill, of course we can't get 60 votes. you know that, chuck, without republican votes. >> so what is the plan after today? the whole bill doesn't make it. doesn't get to 60 votes. then it's piecemeal? piece-by-piece? >> piece-by-piece. each of the pieces has broad support among the american people. >> eric: broad support. what? >> bob: get down to what this is about. a number of democrats are up for re-election. a lot of them did not want to vote for the bill as-is. they told harry reid and schumer they won't do that. they broke it up so some can vote for trade ...

All in new york. how much is the president's jobs bill -- how much of it can get through the united states' senate as-is, and how much is going to get modified? >> i think the overwhelming majority of what the president has proposed will not only survive, but be supported by the democratic side. of course we'll have variations on his theme, different approaches we think may be worthwhile. for example, going after china currency manipulation that's cost us so many jobs, something that all of us believe should be part of this conversation. making certain that we're pushing forward on creating go...