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That $500 billion will be spent on new projects. the cbo says you are spending the money twice. you can either extend the life of medicare or you can use the $500 billion on the program. so there were a couple interesting points there as you noted as well. megyn: the president said he doesn't know how this plays politically but he says he knows it's right. how does this play politically? >> reporter: it doesn't play well. this process is going to be really ugly up on capitol hill. he did not use the word reconciliation, but that is the process going forward. you could see a lot of painful days...

with him, he's about to head into retirement. jane: that's going to do it for us, "america live" is next. megyn: so long, sully! we are less than an hour away from what is being called as the president's last chance to win support for a massive health care overhaul. in roughly 40 minutes a group of doctors, nurses and other health care professionals will stand with the president in the east room of the white house. as he pushes a plan, that he says will improve care. a plan critics say will leave washington making health care decisions for you. welcome, everyone, to "america live", i...