doing something about it. orchestrated cyber attacks on our nation for the purpose of affecteding our election. now the key question for the president and the congress is, what are we going to do to protect the american people and their democracy from this kind of thing in the future? testimony came 24 hours later. i m joined now by michael isikoff. i saw your write up, there were a lot of stunning moments. to have it confirmed that election voet vendors and the systems being targeted is really something. these are both fairly informative hearings that did advance the ball about what happened. the core issue of the russian interference in the election.
we ll be beginning with it. this is beginning of this process. not the end. so we know what the moving parts are. something with taxes, something with mandates, something with medicaid expansion. all. those will be part of the senate bill when it is released tomorrow. here s my question to you. i want to put aside the exchanges. there are problems, they re very clear. those are facts on the ground in many places. let s take it out of the equation. you can t. the two big parts you can though for this reason. to get back to your point about the budgetary implications, there are two big moving parts. the taxt cuts that will happen for the wealthiest households. if you make a million dollars, you will get a $50,000 tax cut. and then $800 billion in medicaid cuts. when people look at that no. you keep doing. this it is not a cut in medicaid. there is a reduction in the growth of medicaid. but it is still going to grow
going into people s health care through the program than there would be if you didn t pass the bill. their the chairman of the joint chiefs of staff said the single greatest threat to our security was our debt. and honestly, chris, you know this. there is something that will have to happen on spending control, deficit control, that is part of discussion that will be going on over the next several months. it is common sense. this is a common sense approach to the vast increase in the expenditures of medicaid. it will go from $550 billion a 84 to a trillion dollars a year in less than ten years time. but the country is not growing that fast. if that s true, and let me say, conceding that. you re concerned about the deficit and you want to rein in the spending, why are there $600 billion in. at a cuts for people making lots of money including millionaires and billionaires who are receiving $50,000 a year added to their salary? well, here s the other part of the equation. the growth
my committee is completely bypassed this process. no respect for the oldest standing committee in the united states house of representatives. very difficult to do something with this much. that was after a year and there were, there have been committee hearings, amendments, you were objecting to the way the process came together at the end. wasn t reconciliation process. it was the way the senate passed bill had come back to the house, where we could have no input. if anything changed, as you recall, if anything changes, it has to go back to the senate. they lost the senate seat along the way. he couldn t do anything else. everyone knew what it was. right now, as you and i are speaking can i can i correct you? that people do know. we ve had a reconciliation bill in the process for over two years time. everyone knows what the moving parts are. congressman, almostfully, i do not have in front of me, i do
at some the point it comes out of secret and you have to talk about it. there are a lot of reporters on capitol hill who have a lot of questions and we will see if they can weather the storm. one thing they ve been, it is harder to write a stoir when you don t have the details of the bill. when we write about the aca process, you can t really do that now. i think there will be a week of intense focus. we have the vote that will likely happen on thursday. but i think it is still an open question of if we get there, or if we see something we saw in the house where there is a vote schedule pulled a few hours before. then a few months later they get the time to get it together and get something passed. do you think we ll hear from president obama? i don t know if we ll hear from president obama. i think there is a chance that we ll hear something from him. there are a lot of democrats across the country and even some republicans who are disappointed in the outcome of the