they have to cover sick people. they have the flexibility to decide how to cover sick people. they have to do it in an affordable, credible way. medicaid in 2027 will cost more to the federal government than the defense department. it s growing at twice the level of inflation in the private sector. if you get a headache under medicare, you run to the emergency room. we pay the bill and nobody asks questions. what we will do eight years from now, start lowering the inflation rate to meet with the private sector level of inflation rate is to save hundreds of billions of dollars. we also achieve flexibility. we allow states to do what mike pence dude in indiana, offer different ways of delivering medicaid. obamacare is the biggest threat to the american health care system. not state controlled health care. we block grant money in 96 to deliver better welfare services. the welfare rolls went down.
of community, of dignity, a sense of respect from law enforcement. with the majority of americans worrying about their quality of life, in california, the easy-going tolerance of earlier decades is frayed. at the ballot box, what we see in california, which is the leading edge of this trend, is a whole number of different types of initiatives that are meant to further contain communities of color. tens of thousands of californians march today to demonstrate against proposition 187. which would bar immigrants from public schools, non-emergency medical services and welfare rolls. we are as american as anybody else. we deserve an education. opponents say the emotionally divisive measure plays on prejudice against latinos. supporters say it will staunch the flow of illegal immigrants to california. it has become the issue in the governor s race. pete wilson is pinning his re-election hopes on anti-immigrant sentiment.
paul, the national average interest rate on savings in this country for the last three years has been .06%. that s $6 a year on every $10,000 you have in the bank. a few weeks ago, the federal reserve raised the fed funds rate from zero to a range of .25 to .50. my winners this year are american savers. don t spend it all in one place. jason. new york s progress ev mayor bill de blasio inherited a model big city in 2014 in terms of crime, quality of life. since then, murders are up. shootings are up. the welfare rolls have expanded. homelessness is up. it is jaw-dropping incompetence. bill de blasio is the loser of the year. my winner, some good news about the culture. the musical hamilton and its writer lead performer lynn manuel miranda wrote it. it s play to sold out audiences on broadway. it s inventive and instructive.
changes. washington gets bigger. tax get higher. the american people feel more distance from our government. i had the opportunity not just to run but to win in the deep blue state of new york three times and not only did i win but i then worked with democratic legislature to put in place the most sweeping conservative reforms of any state in america. taking us from the most dangerous state in america to the fourth safest. reducing our welfare rolls by over a million and replacing over 700,000 private sector jobs. i can govern by bringing people together. and also i ve been tested there a wino one else has. i was governor on september 11 and i m proud of my leadership and bringing new york through that time. when i left, we were stronger, we were safer. we were more united than at any time in my lifetime. we need to bring people together in washington. the talk has to stop. the action has to begin. people can promise you something.
get to these numbers without either the collusion or dereliction of duty in the part of the president of the united states? and frankly not only this we know this president, in fact, he didn t get his dream act passed so they made a decision not to enforce the immigration law. he made a decision to rewrite the work fare provision and not enforce on welfare. we know this president decided to unilaterally decided to change his own legislation obamacare. this is not new, pat. we ve been talking about the imperial presidency for a while. we re going to talk about the transformation of america too. that s what he had in mind. and that s what is happening here. these folks coming into this country are poor. they don t speak the language. they re not well-educated. and they re going to go on welfare rolls and get social welfare benefits. it s not simply a problem of bankrupt the country. politically what is this going to mean? right now one-third of all the illegal aliens go to california