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Billion worth of revenue we've got to get from simplifying the code and wiping out this back door spending in the tax code. what would i do on health care? >> medicare. >> we're going to have to reduce health care spending on medicare by about $500 billion to $600 billion in the next 10 years. you'll have to do it in some of the ways that mitch mcconnell talked about. look at some kind of cost sharing, some kind of means testing. you're going to have to look at age. you're going to have to look at lowering the price we pay the drug companies for drugs. look at paying for quality instead of qua...

The problem here is i think that republicans in the house are dominated by a group of extreme ideologues who really don't care about the consequences of their actions. there's plenty to talk about in terms of bargaining chips, cutting billions in wasteful spending and military programs and corporate warfare that are needed, addressing means testing of medicare so the wealthier beneficiaries who don't need the help don't get as much help. there's plenty to be done. i think the problem is you have a group of republicans in the house who really aren't interested in governing the country so much a...

And spending cuts. do we expect him to give in at all? >> nice to hear the sound lights from lindsey graham and mitch mcconnell. you can see the holiday cheer has made it well into the beginning days 2013 right there. continued antagonism on both sides right now with tough talk as we go forward. remember this debt ceiling. we hit that. our nation's borrowing limit, money already owed and already been spent just a couple of months from now, so this is going to be a top priority in a very near future as we go ahead right now. as you heard from mitch mcconnell, he said that presidential leadershi...

Avoid going over over the cliff. there is a deal to be had somewhere between 400,000 and 500,000 on rates. let's make sure sure we put it and the deficit. you better hope that democrats and republicans say we are not going to borrow any more money. that means adjusting the age or medicare. means testing for medicare and social security and cpi adjustments for the rate of inflation. that's what i want to raise the debt ceiling. in august 2nd of this past year 2011 we borrowed $2.1 trillion the last time we raised the debt ceiling and we've gone through that money in 17 months. we are burning mo...

Same with social security reform. break it into smaller pieces and pass what we can grow to. means testing, we can grow to that. >>neil: senator, thank you very much. just what hollywood did not want to hear, adam lanza liked very violent video games. @8