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The future of medicare. heather childers joins me, martha maccallum is still on vacation. starting january 1st, baby boomers will begin turning 65 and qualifying for the program. bill: that means the number of people covered by the senior health care system will grow from 46 million to more than 80 million over the next 20 years. wow! and a brand new associated poll finds 44% of americans don t expect to depend on medicare coverage in their retirement years, john fund is a columnist for the wall street journal, and joins us now with more on that. thanks for joining us, this morning. thank you. what do you think about those numbers? 43%, 44%, say they don t think they ll be able to depend on it. only 20% believe they have full confidence in the system. look, this is the inevitable result of how we built medicare. medicare was the state of the art blue cross plan for 1965. but, it has been frozen in time since then and has barely changed with the exception of ....
They. they don t but the senate, people can add things as amendments and i think senate republicans will try and force a for vote, to clarify the difference between the parties on that and if that fails or were to pass, the president would veto it and the house republicans, would defund parts of obama care, and, that would be put into place so a new republican president in 2013 could really repeal it. bill: that is battle number one. right. bill: what happens, first on the budget? what are you hearing? the budget is huge, and, it will the fight on the budget will come faster than people realize, i think and the continuing resolution, after the ominous spending bill fell apart and it was blown up with the earmarks in december and they passed the continuing resolution, that funds the government to march 4th and we ll get a fight on the budget for the remainder of the fiscal year, 2011. in february and the beginning of march. there are a lot of different possible strategies, i w ....
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National conversation. we re going to have a fair and balanced debate on this superhot issue. bill: a couple of good ones coming up today. also martha, now to washington s war on wall street, congress has its sights set firmly on the biggest elephant in the room, battle number one, the powerful goldman sachs. that s its ceo, lloyd blankfein, he comes under the shadow of a lawsuit against his company. he s expected to deny that goldman did anything wrong. stuart varney leads our coverage, stu, good morning, one fundamental bottom line question, did goldman sachs hurt america. that s a very bg question because goldman sachs is accused here s what it s accused of doing, of creating an investment that was bound to fail and selling that investment as a success. now, that is a legal question. the lawyers are all over this charge of fraud. today, goldman sachs goes on trial in the course of public opinion. very different thing. it will look bad if it looks as though goldman profited from ....