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Own party that the age of people getting entitlements like medicare and social security might be raised. and the affluent level. >> really? that's fascinating. >> bill: those are specifics. >> that's in obama's plan. >> bill: what age exactly. >> let me give you the exact line where it says encourage beneficiaries to seek high value healthcare and ask the most fortunate to pay more. it's called means testing. that's how you start a negotiation. >> bill: this is where you and i will never agree. the word to me specific and you can look it up in the dictionary or on the president's web site. spe...

Willing to consider $400 billion more in revenues as a starting point from tax reform if the president is keeping his offer on the table. and, david, as you know, these are tough things the president agreed to. means testing, medicare. that means higher premiums for well off medicare recipients. $400 billion over 10 years in medicare savings. and the hardest of all -- >> just to point out -- >> of the consumer price index. >> that's not what senate democrats put in their replacement legislation. so when it came to the legislative fight, because this is tough for democrats. they're not onboard....

Willing to consider $400 billion more in revenues as a starting point from tax reform if the president is keeping his offer on the table. and, david, as you know, these are tough things the president agreed to. means testing, medicare. that means higher premiums for well off medicare recipients. $400 billion over 10 years in medicare savings. and the hardest of all -- >> just to point out -- >> of the consumer price index. >> that's not what senate democrats put in their replacement legislation. so when it came to the legislative fight, because this is tough for democrats. they're not onboard....

>> yeah. ronald reagan, 1981. >> he also raised taxes. >> and it worked very well. >> but he raised taxes as well. it didn't hurt the economy, did it? >> listen, he lowered taxes twice, both in 1981 and again as the 1986 tax reform. when they lowered rates for all americans, we had this boom in economic growth. why? because we got rid of a lot of the silly deductions, brought the rates down to help promote more economic growth in our country. >> the president says, look, on the long-term spending issues on health care, and i've talked about this with you before, you'd like us to raise the elig...

>> yeah. ronald reagan, 1981. >> he also raised taxes. >> and it worked very well. >> but he raised taxes as well. it didn't hurt the economy, did it? >> listen, he lowered taxes twice, both in 1981 and again as the 1986 tax reform. when they lowered rates for all americans, we had this boom in economic growth. why? because we got rid of a lot of the silly deductions, brought the rates down to help promote more economic growth in our country. >> the president says, look, on the long-term spending issues on health care, and i've talked about this with you before, you'd like us to raise the elig...