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are and i feel like the president and the dems are about to give in on entitlements and we ll feel screwed even though we won the election. what do you think? i think the, in terms of the architecture of entitlements, toure, in terms of social security, medicare, medicaid. let s talk about those three. medicaid really not being an entitlement but sort of viewed that way. i think actually, paradoxally, the biggest threat may to be social security. i think the president already put on the table this notion of altering the formula for cost of living increases for social security recipients. is so-called chain cpi. i think that is on the table. over the long term it does get you a bunch of money. i think he will give on that if he can get some revenues. on medicaid, i don t see how he can do it. because obama care, the core of obama care in terms of extending coverage to a lot of new people
is 16, 17 new people on medicaid. i don t see how he can give in on that. especially after a lot of republicans are coming to accept obama care because they want the pled indicated money. so i would say number one threat is social security. number two threat is some monkeying around with medicare but i think medicaid will survive pretty much intact. all right, how fi. it s already getting old. there s a hash tag happening right now. it is now trending. we can talk about how horrible and terrible and really bad the republican budget is. but for their part, at least, they ve been producing one with some consistency and democrats will come to the table with various democrats from the senate side. but let s talk about president obama. for the first time in 92 years, congress and not the president is kick starting this budget process. president obama hasn t even set a date for the release of his budget and it looks like he is
we were trying to come one a nickname for you howard fineman. then how fine. actually, al franken gave me that one but it hasn t stuck. we ll make it stick. that s because al franken was allowed to be funny. i m curious about this paul ryan budget. the republican plan leading up to the election would be that the economy would cost obama his job, we ll get the senate and we ll be in place to implement the paul ryan budget. we ll have the votes and the momentum them lost the election, they lost ground in the senate and the house. and yet they are basically, they are proposing radical reduction in income taxes, voucherization of medicare, getting rid of obama care, although keeping the medicare cuts to help bring this to balance. i kind of wonder, what is the point of this thing if it has no chance of passing?
that we need a grand bargain, that s a whole other discussion whether we really do need a grand bargain. if we accept that idea, obama has actually put on paper proposals for entitlement reform. he put on paper in the run up to sequester this whole thing called cpi. it is a benefits reduction to social security. when you look back to 2011 with the whole debt sealing drama, they were talking about raising the medicare eligibility age. what is it that republicans are for him to say that he hasn t said yet or put on paper that he hasn t put on paper yet? those changes are not nearly as far as things that are included in the ryan budget. which will be unveiled tomorrow. that would include things that would change the way this medicare has dwelt folks 55 and un. are they looking for, i mean, if the bottom line for republicans is the privatization, basically the privatization, the voucherization of medicare,