Detailed text transcripts for TV channel - FOXNEWS - 20120529:16:52:00
Jim ingle is live in washington with more on this. >> reporter: that's right. there is one uncomfortable fact some politicians refuse to acknowledge, every household in america would have to pay an additional $230,000 in taxes to cover the unfunded promises made under medicare. >> look at the fact that ten thousand seniors turn 65 every single day. medicare and the medicare guarantee, it's the ball game for the federal budget. >> reporter: that's why liberal oregon senator ron wydon a former legal aid lawyer that helps seniors with problems is coresponsing a plan with paul ryan to reform medic...