with both wings of the house and senate you can get a lot of things done. this president got a lot of things done and a lot of damage was done to this country. >> reporter: even with the massive majorities they weren't able to pass cap and trade or a budget for the year. they failed to reform the immigration system and the dream act. the new congress gets sworn in on wednesday. >> gregg: peter, thanks. >> julie: happy birthday babyboomers, first ones starting to turn 65 years today and that brings a flood of applications for medicare. many are concerned that it can drain our economy. what can be done to save it and what sort of economic impact will it have on future generations. joining me is christian magune. how concerned should we be that babyboomers like gregg jarrett