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The seniors, who in many cases may not be able to afford it, or their kids to pay for it. so this idea that somehow this is -- you know, we're burdening our grandkids by not cutting medicare, that's ridiculous. >> right. >> those grandkids are going to pay for it. they're actually going to pay more in the private insurance industry than they would in medicare. >> when they get old enough. >> i'm talking about those grandkids literally. they're going to be paying for their grandparents or their parents to get health insurance in those ages if you raise it. so the savings is not going to -- it's...

Alignment of wealth. now it's becoming 55 -- >> you're talking about such an infinitesimally small number of people. we could fit all of those people in this room. >> you're talking about african-americans in the united states that are subject to the he state tax? >> i'm not arguing the actual merits of the issue, i'm telling you the politics of it. the congressional black caucus voted with george bush. >> i know they did. >> we're going to talk about the politics of it. >> they are. >> if we're going to talk about the politics of it, let's be explicit. we're talking about multi-millionaires. ...

In just a moment what we know now that we department know last week. first a quick update on a story we did last weekend. on saturday we took a look at the cultural phenomenon that was black friday. we discussed consumer behavior, the line waiting and getting up too early. we focused on the amount of money that stores like walmart can make on black friday. it can be up to 40% of their annual sales. i'm compelled to mention this after a fire in a bang gla desh garment factory killed 112 workers. the cost of those lives should bear significant loss to walmart's reputation. walmart along with the...

Enough money, why have universal benefits for people who don't have the money? >> indexing it. >> indexing it. making it an adjusted kind of thing. >> makes sense. >> why not? >> first off, medicare is already means tested. >> yes. right. >> you already do have some measurement. if you want to means test it more, there's a very efficient way of doing it, a far more efficient way than to have a new bureaucracy that's going to determine what your net worth is and that's called taxation. we take it from you on the front end. that's what we should be doing with the social security. we should be ob...

>> we have unanimity at the table. what else? >> second is to take away the filibuster in getting a bill to conference committee because, quite frankly, at that point both houses have passed a bill. you should get to negotiations as quickly as possible. >> let me explain this. let's say -- now we're going to do a little "schoolhouse rock" how a bill becomes law. you've passed a bill through the house, you have a bill through the senate. you have two bills that are inevitably a little bit different. the point is you've already gotten it through the houses. you shouldn't have to overcome a filib...