steve: yeah. 75 kids. gretchen: kevin spencer will stick around fort after the show show with more amazing magic stories. see you tomorrow. bill: i ve got these card tricks. unbelievable. show stoppers. the repeal of obamacare. congressman paul ryan releasing a budget that includes doing just that to get our spending and debt under control. a bit of a headline from over the weekend. good morning on a monday as we start a new week. i m bill hemmer. welcome to america s newsroom . martha: hello, bill hemmer. i m martha maccallum. the plan is to release full details of paul ryan s budget plan tomorrow and it is said to include far-reaching entitlement reforms. listen to this. the ps has us on a path toward a debt crisis that hurts everybody, that brings us to a recession, that brings us a european kind of experience which we want to avoid. we want people going back to work, higher wages, more jobs, growing economy.
a new plan that aims for balance in 2023. one way he gets there he says is to repeal 0 obamacare. we believe that obamacare is a program that will not work. we believe obama care will actually lead to hospitals and doctors and healthcare providers turning people away. reporter: because the president financed obama care in part with $716 billion in cuts to providers and medicare was already if deep financial trouble. listen. you have to remember, all that money that was taken from medicare was to pay for obama care. we say we get rid of obama care, we end the raid and we apply those savings to medicare to make more medicare and extent the volume advance see of the medicare trust fund,. reporter: president obama made cuts to obama care to make obama care nor neutral. budget hawks agree that the president s action left medicare and the federal budget in worse shape because you can t spend
the same dollars twice. it didn t actually bring down the cost of medicare, which means there is a lot more savings that have to be done and we ve used the savings to offset the care of new federal spending. reporter: ryan s budget would not cut federal spending it would reduce the rate of increase. president obama s called for 46 preul kwropb more spending over the next ten years. ryan would reduce it to 41 trillion instead. repealing obama care is unlikely to get throughout senate, but raising the issue of how much the t-t took from obama care to make medicare look revenue neutral could make a program that is already unpopular even more so. a a majority of people want to repeal hall or part of the president s plan, says most polls. martha: only in washington can you spend money you haven t saved yet. very interesting. reporter: absolutely, you bet. bill: the president may have another problem on his hands.
obama care appear budget neutral. but the nonpartisan deficit hawks says the president s action left medicare in worst shape. it didn t bring down the cost of medicare, which means there is still a lot more savings that has to be done and we used the savings to offset the cost of new federal healthcare spending. democrats, however, note that ripe would keep the cuts to medicare. paul ryan announced the other day he is going to include the savings in his budget. savings that he campaigned actively against. again, though, ryan would leave all that money in medicare. on the heels of ryan, the senate is about to propose its own budget for the first time in four years. president obama has delayed his budget until april. overall, ryan s budget would not cut federal spending but would reduce the rate of increase. mr. obama s plan calls for $36 trillion more in spending in the next decade. ryan would reduce that to $41 trillion instead. one of his cuts would be $134 billion to the food
period, end of story. apparently aiming to anger just about everybody and make no sense whatsoever, ryan s budget also has a $770 billion cut to medicaid over the next ten years. along with the medicaid voucher program the democrats ran against and defeated in 2012. ryan admits his budget takes advantage of higher taxes that the president won as part of the debt ceiling deal and keeps the savings from the health care reform that it wants to overturn. confused? we are. so as long as ryan is picking and choosing winners and losers to get his budget down to a lean, mean machine, how about those prospects for a big deficit reduction grand bargain after the president hosted paul ryan for lunch on thursday? do you think that his so-called charm offensive is sincere? that he s really looking for compromises on issues that still seem like there s a big divide, or do you think it s more