so premium support instead of privatizing medicare, and structural medicare reform instead of raising the eligibility age. now, remember the context for all this. this is important. remember that phrase we first started hearing at the start of the health reform debate, which may be apocryphal, "keep government hands off my medicare." the big tea party uprising was in large part a reaction to the idea, quote/unquote, of socialized medicine. it was the affordable care act, and the government, quote, takeover of health care, that fanned the flames of the post-obama tea party protest. but, of course, most of the actual republicans who were actually elected back then were elected because they ran ads like this. >> congressman brad ellsworth said he would protect our seniors. but when he got to washington, congressman ellsworth voted for the largest cuts in medicare history, over $500 billion. robin carnahan supports $500 billion in medicare cuts, hurting seniors most. rand paul doesn't support higher medicare deductibles for seniors. conway distracts with negative ads to hide his support f

so premium support instead of privatizing medicare, and structural medicare reform instead of raising the eligibility age. now, remember the context for all this. this is important. remember that phrase we first started hearing at the start of the health reform debate, which may be apocryphal, "keep government hands off my medicare." the big tea party uprising was in large part a reaction to the idea, quote/unquote, of socialized medicine. it was the affordable care act, and the government, quote, takeover of health care, that fanned the flames of the post-obama tea party protest. but, of course, most of the actual republicans who were actually elected back then were elected because they ran ads like this. >> congressman brad ellsworth said he would protect our seniors. but when he got to washington, congressman ellsworth voted for the largest cuts in medicare history, over $500 billion. robin carnahan supports $500 billion in medicare cuts, ç hurting seniors most. rand paul doesn't support higher medicare deductibles for seniors. conway distracts with negative ads to hide his suppo

not reduced costs for medicare. so that is an thash will continue to have to deal with. what we really need to consider is how can implement if we want toism ployment them in a way that recognizes most individuals can work after the age of 65 although there's an increase in the number of people who are experiencing disability and therefore would not be able to work. one is to have a differential allowed so people who are not able to work because of disability would qualify for medicare as it exists now, to some extheant already would exist by default because of the ssi provisions that allow for people to go on to medicare as a result of disability. there's a interesting concept talking about wrornt raising the age of elt jinlt to spond to lifetime wealth. the idea is to say people who had higher lifetime wealth would be expected to join medicare and perhaps social security at older ages than people who have had low amounts of lifetime wealth for whatever reasons. the issue, really, with is to recognize that the stre

i can't understand how you can cut medicare $716 billion for current recipients of medicare. >> look, these guys haven't been big on medicare from the beginning. their party's not big on medicare from the beginning. folks, use your common sense. who do you trust on this? >> so, now, of course, given all the campaign rhetoric coming from both sides, we are on the other side of an election that proved that there is a bipartisan consensus, that it is bad to be the kind of politician that supports cutting medicare. and even giving that very recent lesson from the election, we are entering a negotiation period where everyone in washington is trying to figure out how best to cut medicare. it is pretty weird. and that is not to say that there are not better and worse ways of cutting medicare. the white house is proposing in its opening offer, cuts of $400 billion to medicare and other social insurance programs, $40 billion a year. the president's plan would achieve those cuts mostly through tweaks in the way payments are made to drug companies and health care providers. john boehner,ç on t

medicare solvent. the problem is that under the current system seniors and parties that want to settle a claim often cannot determine how much they owe medicare. that often results in the settlements to collapse. the result is that seniors are denied settlements to compensate for their injuries, the medicare trust fund is never reimbursed, that's bad for seniors, it's bad for the medicare program. we're talking about cases where seniors are trying to give money back to the government and the government simply won't say how much they owe it. it's outrageous that seniors can't even give money back to medicare that the government is owed because the system is broken down. at a time when congress is considering cuts to the medicare benefits and provider payments, we need to at least make sure medicare is getting the money seniors want to send it. the smart act will improve the medicare secondary payment system by making the government work more efficiently, reducing unnecessary burdens and waste, speeding

, including the medicare part b. premium, and premiums for supplemental coverage they may have had, and the out of pocket out of pocket cost of medicare coverage services. didn't expect agreement agreement on sharing other under sources in love medicare. our analysis shows that about two-thirds are estimated to are estimated today, two-thirds of the 5 million cameras there to pay more as a result of shifting from medicare to another source of coverage. on average, about $2200 more. and one-third are estimated to pay less under their new source of coverage than they would have paid out of pocket under medicare. on average, about $2300 more. the one-third who are projected to of lower out of pocket spending include people who would qualify for the medicaid expansion, and those with relatively low incomes who would qualify for a more generous subsidies through the exchanges. the group that we estimate that would pay the most distant as the 860,000 new medicaid enrollees, those with incomes below 133% of poverty. but two

advantage program where medicare pays h.m.o.'s and insurance companies to provide medicare services for eighteen percent on average more than it costs just to get it directly from the government itself so that corporate charity and the other is the fact that the republicans have consistently refused to allow medicare or the government to negotiate with drug companies so we pay retail we whatever they want to charge us we pay and that's costing us a fortune. and what i'm missing one of the four secrets well you know don't put me on the spot here but i thought. one was over treatment and i mentioned that very briefly that will you know they used talk of death panels to scare everybody but the fact is there have been terrific studies to show for example that the number of heart surgeries in different counties in new england was driven not by the health of the patient but by the number of heart surgeons cardiac surgeons there were in that county so and that's for a lot of reasons including the hospitals driving them to do it the hosp

it really is medicare is the biggest long-term threat. but i think democrats hate a chain cpi adjustment less than they hate raising the retirement age for medicare which was a trial balloon we saw and provoked an angry reaction from the left. they may dislike this a little less than they dislike the talk about the retirement age for medicare. you make a good point. there's been so much focus i think appropriately on whether the republican party is capable of accepting higher tax rates and whether the tea party and the junior members of the house are going to stand their ground and kind of shoot down anything boehner proposes on that front, but you have to keep in mind, obama has got to sell it to democrats as well. you can't do this without democrats. so he moves a little bit boehner's way and then he has to worry about his blaflank on the left. >> let's talk about that a little bit. one of the other underlying dynamics we've been talking about is the democrats have the uner hand. if nothing happens, all the tax rates go up and then they

like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor w

, not reduce cost for medicare. so that is an issue that will continue to have to deal with. what we really need to consider is how can we implement if we want to implement such programs in a way that recognizes most individuals can work after the age of 65 although there is an increase in the number of people better experiencing the disability and therefore would not be able to work. one is to have a differential allowed so that people who are not able to work because of the disability would qualify for medicare as it exists now. to some extent that already exist by default as the provisions that allow for people to want to medicare as a result of the disability. there's another interesting concept that was raised talking about whether or not raising the age of eligibility to course was to lifetime wealth is something dhaka to be explored, and the idea there is to see that people who have had higher lifetime of wealth would be expected to join medicare and perhaps social security and older ages than people that hav

mostly because of medicare and medicaid. that's not medicare's fault. it's a very efficient program and run by the government. so it doesn't have a lot of overhead. it has enormous economies of scale and bargain for better rates of doctors and hospitals dictate prices so for what it provides, medicare's very cheap. it's getting expensive over time because a lot more people are going on to the program and in general the health care system, public health insurance, private health insurance, it's all very expensive and only so much right now that medicare can do about it. the problem isn't medicare, per se. not that medicare is a wasteful program but the health care system is -- and health care costs and getting in to the guts of the health care system and rather than lopping off a sum of health care. >> if we lowered health care costs overall, the cost of medicare goes down andç medica more affordable without necessarily even needing to tinker with medicare and the point of something that you were writing about. we have all the conversations about hundr

like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor w

medicare, too. every single pay check, people pay in, but the difference is, when you get medicare, you continue to pay. and i want to talk a little bit about the truth of what's going on in medicare today and the myths. talk about means testing social security. guess what? we do. we already means test social security. i want everybody to understand that. we means test social security. medicare part d premiums, that's for doctor-outpatient and part d, prescription drug premiums, are already higher for individuals with incomes over $85,000 a year. now, let's remember we are calling middle class for everyone else up to $250,000, but for medicare purposes, people who make $85,000 or more, they're going to pay extra costs arranging from $504 a year to $2,270 a year for part b and $ 139 to $797 more a year for part d. we means test medicare. . by 2020, with no adjustments, they're expected to rise from $ 200 to $6,000 more. higher income households pay more for future medical benefits during their workin

like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor w

specific on how to restructure medicare. is it responsible for the met to present a vision being specific on tax hikes but on medicare saying, we'll get to a specific number but we won't specify? is it because there's so much pressure on the left to not reform medicare? >> i think it's certainly a fight. and i think we have to be careful. we have to make sure -- i think we can get to means testing fairly easily. some higher co-pays for people who can afford it. as i said before, donald trump may need medication but he doesn't need the government to pay for it. we've got to get to a point where we are really having people who can afford to pay for their health care, having them take that responsibility. >> that's the position the president should adopt in your view? >> i think so. i think aggressive means testing for people who can afford it makes sense as we look at long-term savings in the medicare program. but here's the thing. bob and i both know, he and i are talking and i think we can get a deal through the senate. the

with medicare and this isn't going to be it. it is really more part and parcel of trying to recognize that the world has shifted over the course of the last century and to claim appreciation more than most on this panel for having that happen, but we need to try to get this bill into expectation for people who are currently working, that this was an outdated concept the generation ago, maybe even two generations ago, it needs to be changed going forward. >> you missed the point, regardless of whether 65 or 66-year-olds are retired or working you still need health coverage. it is really about a health care coverage issue and affordable coverage issue and that happen either in the workplace or out of the workplace but still an affordable coverage issue. >> people who are continuing working as an expected part of life this becomes not much different from being 63 or 64. it is how you go into the mid 60 period when most people who report being retired are not retired because of reasons of disability. there's a group that do fall int

like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor who accepts medicare pa

guest: it medicare part a and medicare part b, there are different structures. you combine those deductibles into one. he is talking about capping what seniors pay out of pocket. news did not have that now -- seniors do not have that now. there is concern that some policies are incentivizing markair and that they should be pared back. these are areas that could be part of the discussion going into next year. look at the supplementals and say if you want to buy the policy, you have to pay a surcharge. that is an incentive for you to consume more care. they buy that protection because they want it. half of seniors have incomes of less than $22,000 a year. host: what is the argument against the proposal? guest: the argument would look at look at the plan. many republicans want to have a premium support a fixed percentage that the government contributes to you for your medicare coverage. paul ryan advanced this in the house. if you limit medicare spending, what would that spend out of the pocket? combining them is not necessarily something that is purely a democrati

if you want to cut medicare, keep the money in medicare to extend medicare, not to pay for tax cuts. neil: it sounds like you would be very open to letting all of the tax rates go back to up pre- bush cutting levels, and other words, clinton-era levels. in order to not touch anything on entitlements. >> that is the choice that you want to make. neil: but a lot of people don't want to make that choice. >> but it's a choice that we will have to make the monk that amount that is a choice that you just made. is almost mathematically required that you also cut medicare to pay for it. neil: can we do both? >> well, you can pay for, but you have to pay for it in some kind of way. you are talking arithmetic. going to have to address the fact that government spending is exceeding the money at this being brought in. it might now, but you still have to address spending. are you doing in the spending side? >> well, we have already cut a trillion and a half of non-defense discretionary, the lowest point that it has been as a percentage of gdp. we have already made significant cuts. we cut $716 bi

so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. [ male announcer ] marie callender's puts everything you've grown to love about sunday dinner into each of her pot pies. tender white meat chicken and vegetables in a crust made from scratch. marie callender's. it's time to sav

remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >> take a good look at this man. if you recognize him, the fbi wants to hear from you. his name is israel keyes. he apparently killed himself in police custody, but police say he confessed a string of serial killings. let's bring in george howell who has been covering this. we understand that he was in alaska. he has since passed away, but he has confessed. do they have a sense of who he killed? >> we do. we know much more about israel keyes. first of all, we know he is ex-military. in at least two cae strangled and sexually assaulted, you know, his victims. we also know he had a very methodical plan that as he went into these situations, first of all, this is a person who would fly into cities, he would rent a car, drive hun

advantage program where medicare pays h.m.o.'s and insurance companies to provide medicare services for eighteen percent on average more than it costs just to get it directly from the government itself so that corporate charity and the other is the fact that the republicans have consistently refused to allow medicare or the government to negotiate with drug companies so we pay retail we whatever they want to charge us we pay and that's costing us a fortune. and what i'm missing one of the four secrets well you know don't put me on the spot here but i thought. one was over treatment and i mentioned that very briefly that will you know they talk of death panels to scare everybody but the fact is there have been terrific studies to show for example that the number of heart surgeries in different counties in new england was driven not by the health of the patient but by the number of heart surgeons cardiac surgeons there were in that county so and that's for a lot of reasons including the hospitals driving them to do it the hospitals

remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> welcome back to "the ed show." thanks for watching tonight. senate republicans are holding america's progress hostage with the filibuster. they have blocked legislation like the veterans jobs act, which is killing thousands of jobs in the process. now senate democrats want action. they want to change e. senate majority leader harry reid wants three changes to the filibuster. they would make debates public and provide a shorter timeframe for breaking filibusters. these are minor reforms and the filibuster can still be used. republican minority leader mitch mcconnell railed against the changed earlier today. he said they were an effort to marginalize the minority party. harry reid hit right back atd the gentleman from kentu

right now is the republican poison pill they put into it during the bush years medicare part d. which forces medicare to pay for pharmaceuticals at full retail the price of a single pill even though you're buying a million of them instead of negotiating discounts like the pentagon doesn't like walgreens does the result is that medicare is overpaying for drugs to the tune of hundreds of billions of dollars a decade instead stupidly democrats are letting republicans drive the discussion of how to save medicare money by talking about the eligibility age which would even save our government money into a little to shift the medicare cause of sixty five to sixty seven year olds into the general fund or the states and to some extent and consumers themselves and if president obama gives in to republicans and raises the eligibility age for medicare they'll be creating his very own todd akin moment which has to be what the republicans are hoping will too. he'll end up taking the heat for their anti retiring policies. a recent poll shows just how unpopular cuts or raising the medicare elig

your medicare. medicare advantage is smaller than traditional medicare but enrollment has been increasing over the past decade. medicare advantage plans tend to get reimbursed more than the traditional public plan. host: will we ever see a permanent doc fix? guest: that is a great question and i think something that a lot of people in washington would like to see. it seems very unlikely that we will find the $244 billion necessary to pull it off. they would need some other opportunity where this became a huge priority. host: arizona is when our next -- where our next caller is coming from. good morning. caller: good morning. i had to go on disability -- yeah, i'm here. host: we can hear your question. caller: i had to go on disability at an early age. [laughter] host: i am going to move on. what are they facing in terms of going onto medicare or medicaid? guest: you are basing a lot of the issues affecting the general population. the various reimbursements that you get from the government -- and a l

if you want to cut medicare, keep the money in medicare to extend medicare, not to pay for tax cuts. neil: it souds like you would be very open to letting all of the tax rates go back to up pre- bush cutting levels, and other words, clinton-era levels. in orer to not touch anything on entitlements. >> that is the choice that you want to make. neil: but a lot of people don't want to make that choice. >> but it's a choice that we will have to make the monk that amount that is a choice that you just made. is almst mathematically required that you also cut medicare to pay for it. neil: can we do both? >> well, you can pay for, but you have to pay for it in some kind of way. you are talking arithmetic. going to have to address the fact that government spending is exceeding the money at this being brought in. it might now, but you still have to address spending. aryou doing in the spending side? >> well, we have already cut a trillion and a half of non-defense discretionary, the lowest point that it has been as a percentage of gdp. we have already made sigficant cuts. we cut $716 billion.

remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> thousands are gathered in front of the presidential palace in cairo waiting for president mohammed morsi to speak. this is after a night of violent clashes that killed six people and killed more than 670 injured. tanks, armored personnel carriers clearing the area, scattering clouds of 0 protesters fighting in the streets. the latest spiral of violence after morsi's sweeping power grab. supporters of the muslim brotherhood who back president morsi clashing with opponents saying he made himself a dictator. reza sayah in cairo, the president not spoken. when he does, what might he say? >> reporter: well, nobody really knows what he's going to say other than members of his inner circle, but certainly, there's a lot of pressu

so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. >>> today forbes released the list of the 71 most powerful people in the world. it's compiled by evaluating four main factors, how many people you have power over, financial resources under your control, having influence in mor

higher medicare premiums for the wealthy americans and an increase in the medicare eligibility age. he wants to slow the cost of living increases on social security. social security is off the table. on medicare, though, one part of the president's savings would come from increasing premiums to the wealthiest americans so there might be some agreement there. but raising the eligibility age for medicare recipients is an absolute nonstarter. the idea is unpopular and it's also inefficient because it increases the cost to seniors without creating much savings to the government at all. here's the bottom line in all of this. house republicans have voted for paul ryan's budget twice. which turns medicare into a voucher program. that's really what they want to do. if they had the power, that's where they would go. the idea is deeply unpopular with the american people in polls. and that has been shown time and time again e. republicans want these kinds of cuts, but they would rather pin it on president obama than to take the blame. i say bring it on. it does pencil out. let's turn to dr. ze

remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> in syria, at least eight rebels died today in aleppo as they were bombed by wash planes as they attacked civilian military positions. living in aleppo, their lives are constantly in danger. >> reporter: they home again, but they are cold and broke. and still in danger. about a third of the families who fled this neighborhood of aleppo have come back, only to find out that these streets are now on the front lines. if the regime can take the city, it will cut off the main artery for syrian forces in alepaleppo open a route to the airport. on a nearby hill top, the rebels used to control that as well but lost it a month ago. the battle lines here are constantly fluid and snipers are a constant threat. the front line is visib

remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>neil: the president's tax tactics are upsetting the republicans but a democratic caucus member sees it as time for the president to step up, connecticut senator joe lieberman, and on his way out he is creating a big fuss. senator, good to have you. >>guest: good to back to create a little fuss. >>neil: senator, what is it you are having a problem with here? the president has to step up or play a more active role or delegate that to the treasury secretary? >>guest: certainly a lot of this is going to be done at the staff level. but, ultimately, this is going to require an agreement between president obama, speaker boehner, senator mcconnell, senator harry reid and leader pelosi and in some sense it is going to be the two mai

remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could realladd up. these kinds of plans could ve you in out-of-pocket medical costs. you'll be able to choose any doctor d you neveneed referrals. if you're thinking about yourur options, call today. when you call, request your fredecisionuide. and find the aarp medicare supplement plan neil: text at 20. that is right text-message is 20 years old this week. but it might be celebrating in a different cell it year, law enforcement groups are pushing to have your text locked up for two years, they need to build a case in case you commit a crime later. where is all this texting going? is there a central text building or -- where is thhs? >> no, when you send a text, it depends on who your mobile carrier is, whether or not it gets saved and for how long, that is handled by company that you, deal with, that you subscribe to. what law enforcementments to for all of those companies, each and every one of them to be required to store probably in a centrally mandated regularized way, store all

enormous savings to medicare. because when you look at the medicare issue, it's a proks -- it's a projection for 10 years and the projected rate two years ago was like 5%, 6%, and where are you, down in the 2% rate nounge? those are multibillion dollars a year that the american public will not have to pay in taxes and increases in the expenditures. so these things begin to add up. but there are many, many more savings. i don't want to dominate all this time. i see that other of our colleagues have come and joined us. i think it's your turn, peter. peter welch from -- i've been missing all the states, would you like to maybe be from alaska or, well, we'll just say vermont. mr. welch: i kind of like vermont but thank you. this is such an important issue about the future, about the future. we can get a deficit deal, the president is committed to doing it. it's got to be balanced. balance means there's got to be revenues, you know, our taxes, especially from the high income, are at historic lows. we have to have healt

like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of dollars in out-of-pocket costs. call today to request a free decision guide to help you better understand what medicare is all about. and which aarp medicare supplement plan works best for you. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, medicare supplement insurance helps cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you up to thousands in out-

remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> there is in life reality. reality is real. it's its key feature. it doesn't care whether or not you like it and if you go against it, you tend to lose. for instance, when your political party decides to ignore warnings about the changing demographics and you go with women voting in big numbers and you focus instead on policies that la knee toes and african-americans find cruel because you hope they won't show up to the polls in big numbers, you end up with barack obama, two-term president. republicans tried to cross reality and reality won. the demographics of the country are changing. we're facing another set of realities. the federal government has taken in taxes that equals 18% of the overall economy. it's 17.8% to be

wrapping around medicare. now that medicare is no longer the primary payer, they become primary. we estimate total premiums will increase as result which would increase cost for employers and retirees, each of whom are expected to pay about half of a higher premium total. state medicaid spending is estimated to increase by just under a billion dollars in 2014. this is mainly a combination of increased spending on medicare part d premiums for the dual eligibles ages 67 and older but as i mentioned a seat -- it says they to increase the part b premium for medicare enrollees. in the state savings associate with not paying medicare premium for those aged 65 and 66 who would have been tools. so when you add it all up, the bottom line for our analysis is has been that federal savings of high point $7 billion, but net increase cost of $11.4 billion to other payers for a net result of $5.7 billion in increased costs overall. so to sum it all up and we estimate the raising the age of eligibility for medicare as fully as amended in 2014 would reduce medicare spending, although less than pr

and saying we cut medicare. now they want more medicare cuts. they've come up with a plan which would raise the age of medicare, which i think is completely disastrous and i'll tell you why. i have here why. if you raise the age of medicare recipients, you will leave 300,000 seniors uninsured. just what we don't want. happy new year, merry christmas, and happy hanukkah, all in one. you will increase the cost to businesses by $4.5 billion. because people will stay longer on the businesses' payroll, their medical pai payroll at ane when they're getting older. you will increase out-of-pocket health care costs for those age 65 and 66 by over $3 billion. you will increase costs to the states by $700 million. you will cost millions of seniors age 65 and 66 $2,200 more for health care, and you will increase premiums for all other seniors enrolled in medicare by 3% because the population enrolled in medicare would be older and less healthy. in other words, you're pulling the healthiest seniors out of medicare so that th

so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds