Detailed text transcripts for TV channel - MSNBC - 20120816:20:17:00
What those cuts get rid of is inefficiency and waste. the medicare ak wares tell us by getting rid of that waste and inefficiency, basically excessive payments to providers, insurance companies, stuff like that, you extend the life of the program by eight years. what i didn't see on that graph, by putting the waste back into the program, actually takes the life of the health insurance trust fund by eight years. actually reduces the life of the the trust fund by eight years, if that's what he's talking about doing. >> so, solvent is kind of a fuzzy term. all right, so you are rest assured that ...