medicare and medicaid and social security. they are bloat they will take over our budget in 10 years f. we don t reform we will have to cut. it will be on the table if we don ty are form our entitlement programs and paul ryan and romney. ainsley: you like the ticket? i do. allyson: thank you for joinning us and thank you for your service. thank you. paul ryan is called a game changer and why? a man who knows him well because he handed over his congressional seat to him joins us now. and actor who played hero on the screen is now one for year. saving a woman s life. hmm, it says here that cheerios helps lower cholesterol
fair taxes are good, but if people at the top get away scot-free, that means a bigger debt or right now we re going to have to trade off e needed services like medicare and medicaid. he makes a much better case for understanding the situation that the average american is in than mitt romney does. you know, when he talks about paying for college costs, mitt romney is certainly a decent man, but everybody knows how robotic he is on the campaign trail. and his big problem is he doesn t seem to understand how much people are struggling out there. mitt romney says things such as i earned a little bit of extra income from speaking engagements. that was $379,000. that s not, you know, not very much. that s a whole heck of a lot of money. that is more than three year s
by $4 trillion. so what choices are we going to make to reach that goal? either we ask the wealthiest americans to pay their fair share in taxes or we have to ask seniors to pay more for medicare. we can t afford to do both. either we gut education and medical research or reform the tax code so that the most profitable corporations have to give up tax loopholes that other companies don t get. we can t afford to do both. this is not class warfare. it s math. the money s going to have to come from some place. and if we re if we re not willing to ask those who have done extraordinarily well to help america close to deficit, and we are trying to reach that same target of $4 trillion, then the logic, the math says
there we have it. president obama throwing the gauntlet down in the white house rose gourd garden saying the budget shouldn t be balanced on the backs of the middle class. he called on congress to step up to the plate to get americans back to work. hi, everybody. good monday morning cht a lot to talk about from washington. we re going to go over the details right now. a recap basically over 4 trillion in cuts over the next decade with cuts to medicare and savings from troop withdrawals in iran and afghanistan as well as tax reform. then the buffett rule. shifting tax rates for millionaires and billionaires closer to what the middle class is doling out to uncle sam and there s more to come from the white house. tim geithner and the director of the omb director will speak along with press secretary carney minutes from you, but let s go to kristen welker. she is joining us to talk more about what we just hard.
in spending that we ve already cut from the budget, our plan makes additional spending cuts that need to happen if we re to solve this problem. we reform agriculture subsidies. subsidies that a lot of times pay large farms for crops that they don t grow. we make modest adjustments to federal retirement programs. we reduce by tens of billions of dollars the tax money that goes to fannie mae and freddie mac. we also ask the largest financial firms, companies saved by tax dollars during financial crisis, to repay the american people for every dime that we ve spent. and we save an additional $1 trillion as we end the wars in iraq and afghanistan. these savings are not only counted as part of our plan but as part of the budget plan that nearly every republican on the house voted for. finally, this plan includes structural reforms to reduce the costs of health care and programs like medicare and medicaid. keep in mind we ve already included a number of reforms in the health care la