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Detailed text transcripts for TV channel - CNN - 20110104:00:50:00

Debate and the medicare debate takes on especially more meaning right now because of a key demographic and that is the beginning retirement of the baby boom generation. the baby boomers are beginning to retire, and if you look at this, this you see the growth right here. the bulk right here. men at the top, women at the bottom. you see the thickness there. that s the growing population of people age 50 and over and 65 and at the bottom. people age 65 and other, right in here, that s the baby boomer generation. let s blank that out and show you why this matters. as more and more americans of that baby boom generation retire, here s what social security is taking in. that s the yellow line. see that s pretty flatlined. here s 2010, that s this year, as the baby boom generation begins to retire, whoa, up goes the cost. that s what we re taking in and that s what it s going to cost. that s a problem for the government going forward. and as the baby boom generation gets over, the percentage ....

Social Security , Baby Boomers , Baby Boom Generation , Baby Boomer Generation , Lets Talk About Don T , Yellow Line , Voting Age ,

Detailed text transcripts for TV channel - CNN - 20110104:00:06:00

Republicans like him so he can reach out. it is a good pick. frankly, i would say real quick, some of the republicans i ve talk to said this is a little bit troubling in that the president really does want to win re-election. but financial reform is clearly a key issue here because jpmorgan was not lobbying in favor of fx inancial reform. bill daley is on the record against the initiative this whole notion of how will the left respond. is he not coming from a conservative political family. i mean this is somebody who his brother is a huge gun rights advocate, so it s not like he s not the daley family is not beloved by the left. let s a little bit at the current lineup at white house. pete rouse is the current chief of staff, taking the job when rahm emanuel went back to chicago. he s saying maybe i shouldn t keep this job. robert gibbs is the appreciation ....

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Detailed text transcripts for TV channel - CNN - 20110104:00:27:00

Our message wrong, let s talk about don t did, don t tell and the dream act. they can do more than one thing at the same time. repealing health care they know they won t get through the white house. it is political but they have to keep with with it to keep in the good graces of the tea party movement. then they come in with a package of spending cuts that the democrats will fight. then we have the budget fight. do you have any hope that the relatively bipartisan spirit of the last couple of weeks of december will carry over or is it gone? i do. i do have hope because the american people reacted so overwhelmingly positively towards it. we actually got a lot done. we got tax cuts extended. we got legislation passed. that s what the american people want to see and they also want to see controlling of the debt. health care s going to happen but one thing you saw both congressman agree on they agreed ....

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