Detailed text transcripts for TV channel - CNN - 20110515:16

Detailed text transcripts for TV channel - CNN - 20110515:16:22:00

politically. that is, i want you to sell me this politically. because as you know, some of your members went home and took a beating on medicare. the idea that medicare, as we know it, would be replaced by a subsidy system that would be capped for those as you get wealthier. a lot of people said don't change medicare, we see this in the polls. so you have that, that the republicans are -- at least your plan and many republicans backing it, is out there. then you have republicans refusing to say, yes, we ought to cut the subsidies we give to the multi-multi billion dollar oil industry. sell that to me politically. how is that a shared sacrifice? >> first, i would say our town hall meetings went phenomenally well. mine in particular. second of all, medicare is going broke. the trustees reminded us of this last week. it is not a question of if medicare is going to change. it clearly is because it is going broke. the question is how will we reform it.

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