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Tomorrow, when will he ever be? he's already passed up three opportunities to be specific. one when his commission came out, two in the state of the union and three when the budget came out. it's time for him to be specific. after all, anderson, when it comes to raising taxes, he's been specific down to the decimal. he knows he wants it to be 39.6. that's up from 35% top rate. so we need that level of specificity on spending cuts. if we're going to have social security and medicare for the next generation, we need the president to describe with specifics what he intends to do so those programs...

He knows it wants to be 39.6. that's up from 35% top rate. so we need that level of specificity on spending cuts. if we're going to have social security and medicare for the next generation, we need the president to describe with specifics what he intends to do so those programs don't go bankrupt and bankrupt our nation along with them. >> david, we haven't heard a lot of specifics up until now. >> we haven't, anderson. there's something peculiar going on. on sunday the president promised on this wednesday he would come forward with a plan, it sounded like he was going to have an alternative. ...

Longer be an open-ended entitlement, which we'll talk about. medicaid would also be changed. it would become a block grant to states. $750 billion cut over ten years. taxes. the bush tax cuts would be made permanent, something you know the president opposes. and for individuals, the top rate would be cut to 25% from 35%. now, you can expect that democrats would come out -- >> sure. >> -- and oppose this. and to your mind, even demagogue it. but here was a response from erskine bowles and allan simpson, co-chairs of the bipartisan debt commission -- >> they're friends of mine. >> this is what t...

Entitlement, which we'll talk about. medicaid would also be changed. it would become a block grant to states. $750 billion cut over ten years. taxes. the bush tax cuts would be made permanent, something you know the president opposes. and for individuals, the top rate would be cut to 25% from 35%. now, you can expect that democrats would come out -- >> sure. >> -- and oppose this. and to your mind, even demagogue it. but here was a response from erskine bowles and allan simpson, co-chairs of the bipartisan debt commission -- >> they're friends of mine. >> this is what they said in part -- let ...

And demagoguery and we have political paralysis and don't fix the country's problems, but we have a debt crisis staring us in the face, and that's what's got to be fixed. >> let's talk about some of the details and then go through some of the items that are in your plan, just to give our viewers some context. we'll put it up on the screen. you cut as part of your proposal $6.2 trillion over ten years. with regard to medicare, starting in 2022, would no longer be an open-ended entitlement, which we'll talk about. medicaid would also be changed. it would become a block grant to states. $750 bill...