And by the way, he had a $2 trillion tax cut, the vast majority went to the super wealthy, and guess what, didn t pay for a single solitary cent of it. i will not cut a single social security or medicare benefit. in fact, i m going to extend the medicare trust fund for at least two decades, and i will not raise taxes on anyone making over 400,000 grand. i ll pay for it all, my proposals, by making the wealthy and big corporations pay just a little bit more. do you think a trillion area should be paying 3%? i m a capitalist. if you can make a billionaire a million dollars, god love you, but just pay something. i mean it sincerely, just pay something. capitalism without competition is exploitation. some republicans in congress even threaten to have america default on its debt for the first time in american history. if we don t agree to the cuts
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Beneficiaries of the medicare part d program are satisfied with their coverage. of course it s not quite an apples to apples comparison. seniors by and large were open to the program but needed time to understand it. young people, key to the president s health care reform, may not be willing to wait for the glitches to be fixed. tom coburn said it helped that the medicare benefit was administered by private companies. he says that s a sharp contrast to new health care laws. all it was was we re going to raise your benefit, nobody s going to pay any taxes and by the way we re going to let private industry figure out how to do that and it did and it came in at about half the cost of what everybody estimated it would do. the white house has tried to point to the medicare part d rollout as proof things can get better. the question is will it? joining me now the co-chair of the national bipartisan commission on the future of medicare, deeply involved in working on medicare while in the senate and was a big part of getting medicare part d passed. good morning to you, sir. good morning, chuck. well, is it an apples to
President is turning it into a piggy bank. let s watch. when i think about medicare it is not just a program, it is not just a bunch of numbers. it is what my mom relies on. the president raids $716 billion from the medicare program to pay for the obama care program. chris: your reaction? i think if he wants to protect medicare for his mother then he should, first of all, thank president obama for what he has done if the past few years to extend the life of of the medicare trust fund tortion help seniors with their prescription drug costs. to help seniors get free preventative care. what president obama did was strengthen the medicare benefit, to help medicare beneficiaries and to extend the life of the medicare trust fund by more than 8 years. chris: but you let s talk
Insurgents used it. the one line why it was bad in swing districts around the country is that it cut medicare. and the reason that s important is there s this desire on the part of paul ryan and the wall street journal to talk about this election as grand battle of competing visions, about how big government is going to be. there s zero evidence. it is a question of who that government benefits. they did not go down under ronald reagan. did not go down under george w. bush and tom delay. and paul ryan was sitting there along with rick san tomorrow, voting time and time again for instance the medicare part d medicare benefit. paul ryan cast the deciding vote for because it passed by one vote in the house. so the idea that before we even get to the question of which
I can tell is to kill medicare. what they say is they want to save it or strengthen it. now we have the president saying he, too, wants to strengthen medicare. does that give you the willies at all? no, we always said consistently from day one, we will negotiate to improve, strengthen mid care. we will not negotiate to end medicare. it is not what the republicans say, it is what they have done. paul ryan ends the guaranteed medicare benefit, turns medicare into a coupon program. democrats united, democrats in the house and the senate and the white house that we are open to ideas for efficiency in medicare to extend its solvency, but we will not negotiate what republicans have been trying to do 20 years now, and that is to end medicare. in terms of that as a potent political issue, one of the reasons i wanted to talk to you about this, you re in charge of converting that issue into electoral gains for democrats. i know you re confident you can do that. does that also apply to social