bret: welcome back to this special edition of special report on medicare. joining us now is the head of office of management and budget, the obama administration budget director jack lew. thank you for being here. good to be with you. bret: baby boomers are retiring at 10,000 a day for the next 19 years. what is the administration s plan to deal with medicare? it s important to go back as well as forward. affordable care act, for example, there weren t changes made, savings made, extenting the life of medicare trust fund, but people generally appreciate. so we have done a lot already. the president has additional savings of hundreds of billions in medicare and medicaid, healthcare spending. he has done quite a lot and he knows we have to do more. you agree with people like