Detailed text transcripts for TV channel - FOXNEWS - 20120822:22:09:00
By liberal democratic senator ron widen of oregon who believes the current system is doomed to fail. >> a steady diet of benefit reduction for senior citizens and cost shifting. that will take place until the medicare is threatened. >> the idea is the come pettive process would lead to cheaper insurance for seniors at the same level of benefits they enjoy. >> since medicare promised tens of trillions more in benefits that it can pay, senator ryan and widen argue it must be changed in order to survive. bret? >> bret: latest ryan plan, though, is different than it seems. the one that the preside...
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