what they perceive is free medical care. they like medicare. they shouldn t like it, but they do. party runs on behalf of represerving medicare. president cut $3500 billion from medicare. keep medicaid safe. sean: obama cuts, they cut $500 billion. he needs to create jobs. jobs will increase taxpayers. what about shovel ready jobs? it s not going to determine who the winners and losers for 2012. we have six months. here is the deal. everybody knew about this problem. they waited a year. he passes everything. last summer was recovery summer. stimulus passed a year prior and the shovel ready jobs nevl materialized. he made a joke out of it. this is why the independents,
naturally there is going to be competition but the american people i would say this to the speaker. if he would were to belly-up to the bar, $300 billion, $3500 billion. out the deficit this year, america would stand up and cheer. if he does $33 billion or $300 billion it will be same complaint from the left. gregg: congressman frost you have been itching to move to the bigger battle which is the 2012 budget. president obama s plan would cut $1.1 trillion from the deficit but this coming tuesday, republicans will unveil their proposal. we learned today that it will cut more than 4 trillion over the deficit next decade. the plan was for trillion and it looks like they will adopt the idea to reform the tax code, raise the retirement age for social security. would the president be very hard
we had to live within our means as a nation. we have to do it. and so we ll see if he is serious about it but, from what he said at the state of the union, he made no reference to entitlements, and no real no commitment to reduced discretionary spending. if you don t do that, we re in a we re continuing in an unsustainable course. shannon: i heard from folks testifying from the hill this week doug elmendorf said the same thing urging members from both sides of the aisle to be serious and no good outlooks without major changes. he said you have to be careful in the way that you do it. there is some criticism from democrats that if you cut too much too soon they think the g.o.p. is going too far wind up being job-killing in the short-term. how do you respond. this is really important that needs to be rebutted. the house members were talking about 100 billion-dollar cut out of a 3,500 billion-dollar spending by the united states government. that s not going to kick off a recession
that s what the congressional democrats and the white house say. $3.5 trillion. he s right. 3,500 billion. the committee for responsible budget, which is a respected bipartisan group has looked at the gimmicks written in this bill so far, written in the measure so far that is called the american jobs plan. their estimate is that the minimum cost is between $5 and 5.5 trillion when you get the gimmicks out of it. to keep the costs down, they ll say we set up a welfare benefit and it s only going to last eight years or only going to last five years or we re going to start raising the money for it now and we ll begin it in like year three and because we have a head start in raising the money before we kick the program inning to effect, it s only going to cost this much over the decade. but the true cost of this plan is between 5 and 5.5 trillion. the biggest explosion of