Facebook. Com cspan. If you are a medicare recipient, we want to know your experience with the program and your thoughts on possible changes. We will begin with House Speaker paul ryan, who has during his legislative career eyed entitlement reform as a way to tackle the nations debt. [video clip] when you talk about entitlement reform, one of the things youre talking about is obamacare. And then welfare as well. We have a welfare system trapping people in poverty, and paying people not to work. Thinking about trying to do any reforms with Social Security or medicare . President trump has not seemed interested in those things. He has not shown as much interest. We are working on entitlements he is supportive of. You cannot use budget reconciliation for Social Security. It is exempt from those rules. It is the healthcare entitlements that are the big drivers of our debt. That is where the problem lies fiscally. Host the speaker of the house thinking medicare is the problem with our natio
Camp david where you have the Top Republican leadership huddling with the president over what they want to get done this election year. We know Speaker Paul Ryan has long been an avid proponent of reforming these entitlement programs. Mitch mcconnell not quite so eager on that front. Clearly these two leaders have to get on the same page in terms of their agenda, but now they are definitely going into different directions. Host paul ryan sounds like he thinks its doable and Mitch Mcconnells response to the question was not so doable basically. They said in interviews last year at this time that we have to look at our entitlement programs. We have to look at the drivers of the spending and the deb t. This is not new for him but new in the context of this new Republican Congress and legislative agenda. Weve asked Mitch Mcconnell repeatedly about those comments following the speakers remarks and he said, look, issues like entitlement reform and welfare reform have to be bipartisan. First
Mitch mcconnell not quite so eager on that front. To get on the same page in terms of their agenda, but now they are definitely going into different directions. Host paul ryan sounds like he thinks its doable and Mitch Mcconnells response to the question was not so doable basically. They said in interviews last year at this time that we have to look at our entitlement programs. We have to look at the drivers of the spending and the deb t. This is not new for him but new in the context of this new Republican Congress and legislative agenda. Weve asked Mitch Mcconnell repeatedly about those comments following the speakers remarks and he said, look, issues like entitlement reform and welfare reform have to be bipartisan. First of all, democrats its difficult to see if democrats will be in a bipartisan mood especially on those issues. We are talking about health care here. At his ear and press conference, Mitch Mcconnell was talking about look at Social Security reforms of the 1980s betwee
Power lunch starts right now welcome to power lunch. Im michelle carusocabrera. As you can see, negative territory by more than 100 points nasdaq is still in positive territory by higher than 3. 5 points melissa mentioned ge and boeing. You can see ge by off by 2 and boeing off by 2. 5 bitcoin, though, is bouncing back following a few wild days you can see its higher by nearly 6 along with other movers alcoa is down 8 on its earnings you can see it is off by 5 bucks. Brian . Thanks, michelle. Heres what else is happening the race for Amazon Headquarters and the money behind it is heating up there are a number of surprises. Did your city make the cut well have that list ahead speaking of heating up, according to the United Nations last year was one of the warmest records on planet. Some things are cooling off. Dropping sharply especially in the northeast. Melissa . We begin with todays market drop the dow is down triple digits. Bob pisani is watching all of the markets. Hi, bob. Theres