balances ever. of course, mr. chairman, you know you can t start paying down the $18 trillion of debt that we have with another $100 trillion on the other way until you first come to balance. we do that in a responsible hopb nest way. we do it in a responsible logical ten year window. dana: i was following all of that. that was in the obama administration. this budget the president is putting forward also doesn t balance. how have the economics changed your viewpoint on supporting this type of budget? well, hey, i think that s a great segment, a great question. here s the big difference. with the president s budget request is doing here is going after the real drivers of our debt. that s the mandatory spending. he s doing it in a very humane way. the obama budget that i was talking about before never touched medicare, snap. excuse me, medicade, tan and snap, other welfare programs. this one does. $1.7 trillion worth in the first ten years alone. that s a trade i ll take every
saying r quote, once again millionaires win while working families, kids, seniors are out in the cold. i wish this wasn t a surprise, but it s more of the same from this administration. president trump s budget should be a nonstarter for congress. congress, of course, loves having the power of the purse, so many lawmakers will take a look at the president s suggestions but may want to do the work themselves. dana? dana: all right, mike. thank you. president trump saying the budget is something both parties could stand behind. but this is a commonsense and bipartisan plan that every member of congress should support. i look forward to working with them and we re gonna get the american people roads that are fixed and bridges that are fixed. if for any reason they don t want to support it, hey, that s gonna be up to them. dana: we are joined by ryan streeter of the american enterprise institute director of domestic policy studies. obviously, a lot of focus on domestic policies in th
it. the budget deal that was struck last week that raised spending caps by $300 billion over the next two years, that s the working framework that we re going to be living with for the next couple years. dana: congressman from indiana was on earlier. he said he likes the budget. said he loved it. said that by the president addressing medicade, snap and pam, that that will be enough and that you don t need to do really anything on medicare and social security right now. do you agree with that? just from an economical standpoint, not politically. well, i respect the congressman and he represents my home state, the district i used to live in in indiana. i like him but i don t agree with what he said. i think the reality is the entitlement side of our budget, which is the programs are medicare, social security and medicade, are over 50% of the federal budget now. ordinary americans can be forgiven for not quite understanding how this budget stuff works.
as well. the trump budget proposal. there s an e missing there. we re going to spend $10 billion to buy an e. let s put that back up on the screen so you can follow along anyways. $300 billion extra for the military over the next two years. that was agreed to in the budget proposal that went through congress last week. $23 billion in border security to hire an additional 2750 border patrol agents, $18 billion for the wall, $13 billion for opioid treatment. and this budget will treat spending on social programs, medicare, medicade, food stamps and other programs by $3 trillion over ten years, dana, to try to save some money. who needs a graphic? we ve got it all here. dana: on wheel of fortune it drives me crazy when people buy money on vowels when they don t need to. what s the latest on rob porter? lots of information this
but the reality, what you can propose in a budget like what the president put forward to cut is all the other programs that congress has discretion over. we don t have a choice about the entitlement programs. we are obligated to spend every year in accordance with the law. the only way to change the spending is to change the law. dana: things you want to spend on get smaller and smaller if you don t deal with the rest. yeah. by making the deficit larger, what we re doing is really kicking the can down the road, to use a familiar and overused expression, to our children. it used to be that when congress would have debates about how much money to spend, if they were going to raise taxes or cut programs, the people that elected them were bearing that burden. today, by not dealing with entitlements, we re actually spending money at the expense of our kids and grand kids. the aarp is a very powerful lobby in washington and social security and medicare are predicted because many members