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Amy? >> yes, i think he is right. the medicare trust fund is going bankrupt. not sustainable and we need to do something about it. so somebody else has a better plan, step up to the plate and show it, but at the end of the day, these guys and gals cannot continue to kick the can down the road. not fair to my generation and people younger than me. we need to take care of seniors, but can't do it by kicking the can down the road. >> she is absolutely right and absolutely wrong. you can't criticism without a better plan. but the plan is not a go ahead idea. it's still essentially a voucher plan, ...

To say no as opposed to findings ways to say yes. >> it's not just the future of taxes that sequester those major spending cuss. john boehner's plan b doesn't deal with that also doesn't deal with the fact that 2 million people will see unemployment benefits expire a week after christmas. that's a big deal as well, shep. >> shepard: so the president is saying no way to plan b yet speaker boehner is digging in on plan b? >> he certainly is. and the challenge for speaker boehner tonight is that late this afternoon some conservative activists had a news conference at the capitol blasting him basi...

So, the rest would be in spending cuss? look, that's not what people voted for. that's not what people worked for in trying to reelect this president. >> by the way. remember, david, that politic fact which is non-partisan fact checking group, when they reviewed the president's plan to reduce the deficit over 10 years, $4 trillion, it didn't pass the test. because you had to basically include spending cuts that took place last year in the president's analysis. that whole i'm going to cut spending by $4 trillion. you don't like that. the independent analysts have said what the president had alr...

Than a trillion dollars. so, the rest would be in spending cuss? look, that's not what people voted for. that's not what people worked for in trying to reelect this president. >> by the way. remember, david, that politic fact which is non-partisan fact checking group, when they reviewed the president's plan to reduce the deficit over 10 years, $4 trillion, it didn't pass the test. because you had to basically include spending cuts that took place last year in the president's analysis. that whole i'm going to cut spending by $4 trillion. you don't like that. the independent analysts have said w...

>> now, the plan does not address the debt ceiling. you see the debt clock there. it ticks down to august 2nd. that's when the u.s. could start defaulting on some of its bills. it could be a jumping-off point for a bigger deal. here are some of the highlights of the plan according to cnn senate forces, it shaves about $4 trillion off the debt load. rejiggers the tax load, cuts short-term spending by about $500 billion. it changes the entire budgeting process and it reforms social security. now, this plan is not to be confused with something you heard about yet, cut, cap and balance. ...