Page 6 - It Solvent News Today : Breaking News, Live Updates & Top Stories | Vimarsana

They have to be reformed to save the program and to keep the country from going into a greek-reich status. there are $8.6 trillion of unfunded like the in social security. to make it solvent the next 75 years, you valid to put $8 trillion in the bank today. for medicare, it's three times that, so if you don't reform entitlements, you will never avoid the coming grief. post-election, democrats have the wind behind their back, the president does on this. is there any appetite for this or is it going to be a bloodbath? >> a lot of democrats understand that medicare -- social security runs out of ...

Will make that determination. but i think his behavior during that incident was not just questioned by people like me, it was broadly questioned. >> i want to ask one other economic point here. the president in virginia beach, virginia, on thursday talking about his approach to the economy ifixing the debt. this is what he said. >> during campaign season, you always hear a lot about patriotism. well, you know what? it's time for a new economic patriotism. an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. >> invoking patriotism ...

Questioned by people like me, it was broadly questioned. >> i want to ask one other economic point here. the president in virginia beach, virginia, on thursday talking about his approach to the economy ifixing the debt. this is what he said. >> during campaign season, you always hear a lot about patriotism. well, you know what? it's time for a new economic patriotism. an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. >> invoking patriotism there, just trying to be clear, so raising taxes on wealthier americans the president con...

Thriving middle class. >> invoking patriotism. so raising taxes on wealthier americans, the president considers that patriotic. i assume he thinks sacrifice is patriotic. and yet he's not spending much time talking specifically about what he would do. like how he would cut the medicare program to make it solvent. beyond the cuts that he's talked about, and when sim son-bowles says he needs much more dramatic cuts. so framing this as patriotism, about taxing the wealthy. but not talking about where the american people should sacrifice? >> he was talking about specifically, bringing jobs back to...

Pretzel and trying to explain the fact that ryan's budget has similar medicare savings and bankrupts medicare over time. the president's budget keeps it solvent. that is not true at all. >> gretchen: crystal. >> i don't know how she can stand with a straight face. the truth is president obama is trying to end medicare as he knows it. excuse me let me finish. three and half years unemployment has been above 8 percent. gretchin, you are right. president wants gut 716 billion by cutting costs to providers and reduce reimbursement and double count that money and reduce the cost of 2.3 trillion in ...