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Detailed text transcripts for TV channel - FOXNEWS - 20110603:21:17:00

prescription drug costs. why? because they eliminate our effort to close the prescription drug. that happens right away. second, they end the medicare guarantee. through force seniors to healthcare and they will face rapiddedly rising costs. great deal for the insurance company, bonanza for them but lousy deal for america's seniors. here is why. the cost in the private insurance market on per capita basis have been rising faster than the cost in medicare. that is according to the most recent medicare trustee report. confirmed by the cmf, center for medicaid and medicare services. what this chart shows is that in the private insurance market, the per capita cost each year between 2002 and 2009 have been going up at

Cut-medicare , Prescription-drug , Second , Guarantee , Prescription-drug-costs , Effort , Seniors , Healthcare , Costs , Deal , American , Insurance-company

Detailed text transcripts for TV channel - FOXNEWS - 20110603:21:35:00

they overcharge the private payier. that system is not sustainable. >> bret: let me stop you there. they reduce the medicare spending reducing the reimbursement to providers. if the congressman ryan says, wouldn't it mean that seniors eventually would have trouble getting doctors or finding. >> first, let me respond to the first point he made. that medicare is going bankrupt. if you look at the trustee report it's not in there at all. what it does have with respect to part "d" the hospital part, that in 2024, may be accelerated we'll fall short in terms of premiums. >> part "a." >> part "a" for hospitals. it will be 90% funded on payroll. big chunk of medicare is funded through general revenue. 50% of it now. a suggestion that the shortfall in port "a" is somehow bankrupting the program is just false. >> bret: jack lew said it won't fall off a cliff. >> it is not going to fall off a cliff

Cut-medicare , The-system , Seniors , Congressman-ryan , It , Providers , Bret-baier , Reimbursement , Wouldn-t , Payier , Part , Doctors

Detailed text transcripts for TV channel - FOXNEWS - 20110603:21:36:00

so the we is where do we go? we know in the private insurance market we have seen the rising costs. rising faster per beneficiary than in medicare. why would we turn over seniors that that particular system? we enacted a lot of reforms. unfortunately, when the republicans voted against affordable care act they would have accelerate accelerated them according to the cbo. because the cbo indicated and the trustee, that the act improved the solvency of the system. >> at that point, it's premise on the idea they're taking $500 billion from medicare to pay for the president's healthcare law. you can't count the same dollar twice. actuaries put in an amen dix to their report saying you can't count dollar in medicare and then in obamacare. it's one or the other. either funding obamacare or extenting the solvency of medicare. back to the original point, if

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Detailed text transcripts for TV channel - FOXNEWS - 20110603:21:27:00

alice rivlin who says medicare, itself, is unsustainable? >> obviously, there is a long-term medicare financing problem. a few weeks ago, the medicare trustee put out a report and said the trust fund will be, you know, fully funded through 2024. it will be nice to have it be longer. we have a little bit of time. we have a challenge, but it's not that we fall off of a cliff. i think one of the things that we try to do as we look at healthcare is set up a system where it can change over time. affordable care act isn't carved in stone there are aspects of it. as we learn more, we will be evolving. >> the president would cap spending every year eventually. how does it work? how can you arbitrarily pick a growth rate and see that is it without affecting care in some way? >> all of the plans that have scorable savings do something that, you know, caps expenses. in the case of thepet's plan,

Cut-medicare , Trustee , Report , Financing-problem , Trust-fund , Alice-rivlin , The-system , Things , Healthcare , One , Challenge , Cliff

Detailed text transcripts for TV channel - CNN - 20110529:22:53:00

ability in the world. as much as anyone has seen in pro sports maybe. but the bottom line also, when it skums comes to jord on versus lebron, legacy argument is that jordan has the status of unquestioned alpha dog which lebron seeded up with with wade and josh this season. >> crazy. the mets so helpless. now they are hurting for cash. their owner is selling an interest then wilpin starts taking pot shots at his own players. it seems like he is hitting his own investment. >> it is all around a mess right new for the new york mets. but it is really, the bigger threat is this financial trouble looming because of the bernie madoff scandal. they put so much money into the madoff -- with bernie madoff, that at this point they are facing down a $1 billion lawsuit by the trustee for madoff's victims. and they're claiming that the

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Detailed text transcripts for TV channel - CNN - 20110528:00:36:00

>> the theory is that since the whole thing was fictional, the people who profited from it don't deserve to profit from it. >> let me stop you there. even if they didn't know. >> none of them knew. even if they didn't know. >> that's an assertion that will be challenged. >> correct. right. but this is where the story gets very interesting, is that he, the trustee, is not treating wilpon and company like all the other victims. if he was treating wilpon like the rest of them, wilpon would have to give back about $160 million, which he could do. >> how much does he want back? >> he wants a billion dollars back, because what picard is saying is that wilpon is not like all the other investors who were essentially innocent victims. what picard is saying is that wilpon and company were complicit, that they knew or should have known that madoff was running a ponzi scheme. so they don't have to give back their profits. they have to give back their principal, which would be a

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Detailed text transcripts for TV channel - CNN - 20110527:17:53:00

prize, and a $1 million challenge that trustee is putting up called the digital doctor which is a computer expert system that can turn any minimally trained person into a dieing a nos tigs, and then the $10 million prize that we are developing in partnership with tricom, and it is in reference to the "star trek" device where you can speak it to, and you can do a finger blood brick and cough on it, and it has a imaginative cloud on it to tell you more than a group of ten board-certified doctors what is wrong with you and what you should do. >> well, it sounds great, but that does not exist yet, right? >> no, it doesn't. parts and pieces exist. there are technologyists at m.i.t. and harvard and stanford and the world, and we are putting out the clear defined challenge and saying that the first team who can build and demonstrate this device really

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Detailed text transcripts for TV channel - MSNBC - 20110526:21:44:00

it won't cover everything because you will probably have to pay a little more. how do you tell a person we will give you some money to take care of your health but we aren't really going to take care of your health. you have to take care of your end of it. most people have about $,000 in income -- about 14,000, they have a house if they are lucky. how do they pay healthcare out of that 14. >> there is a sliding care if you are lower income. i think that is the right thing to do, it is means test on medicare which democrats bring up. remember, there is a 1999 proposal of democrat senator bob kerrey and a democrat from louisiana endorsed by two of the clinton era medicare trustee. so this isn't some radical think tank from the heritage society. and that's what is so frustrating in this town, is you know what, chris, i said it many

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Detailed text transcripts for TV channel - FOXNEWS - 20110526:11:09:00

don't want to play political games know that medicare and medicaid are running out of money and they're unfunded. we know what the trustee said. you know who else knew that? bill clinton. when they met each other in wisconsin at an event, there were cameras rolling and it looks like the former president really respects what the republican chairman is trying to do. hope the democrats don't use it for an excuse to do nothing. >> it's going to sink in the paralysis is what's going to happen and you know the math, we knew we were putting ourselves out there. you got to get out there. you got to get things moving. >> so bill clinton saying that the nation has got to do something to fix that. although right now the republicans are the only ones coming up with a plan. the democrats are -- their strategy right now is simply to criticize the republicans. more on that a little later on. brian kilmeade, you have relocated 35 miles from us for an important reason.

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Detailed text transcripts for TV channel - CNN - 20110521:14:28:00

but i'll believe it's coming to an end. >> my only question for you, if it's coming to an end on saturday, who is this video for? >> what would you do? again, a lot of people out there sort of believe it's coming, they just don't necessarily believe it's today. we've been asking you to weigh in. what if today was the day? what would you do with your final hours? a lot of responses from you guys. some of them have been serious to talk about spending time with friends and family. a lot of you just want to run around drunk and naked. here's what some of you posted. this one from the blog. mike saying i would pull out my oldest bottle of scotch, light a cigar and sit on the deck with my wife and wait for our time. tracy said i would get out my trustee zombie survival guide and then heat up some jalapeno paupers. also this from david on our facebook page, saying i will tell people how i really feel about them. you should do that anyway, david. give that is a try.

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