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Detailed text transcripts for TV channel - CNN - 20110414:17:18:00

lou and larry, we ll have to leave it there. thank you for that discussion. president obama has laid out his plan to save us trillions, and just like the republican plan, it includes spending cuts and changes to medicare, but big battle lines between the two sides have been drawn. ali will break down the two plans in your money next. are you anxious to protect your family with life insurance. but afraid you can t afford it? well, look how much insurance many people can get through selectquote for less than a dollar a day. selectquote found, rich, 37, a $500,000 policy for under $18 a month. even though dave, 43, takes meds to control his blood pressure, selectquote got him a $500,000 policy for under $28 a month.

Detailed text transcripts for TV channel - CNN - 20110414:17:21:00

ali velshi isn t in this chair. reporter: one way to reduce deficits or shortfalls is to cut non-security, nondiscretionary spending. that s the stuff that isn t the kmai medicaid, the medicare, and the medicaid, the medicare, and social security. the president s debt commission wants to cut it by $2.2 trillion. the republican or ryan plan wants to cut $2.7 trillion over ten years. the president s plan, which he announced, wants to cuts $1.1 trillion over 12 years. now one of the major criticisms is that no party has been prepared to make the cuts to some of the biggest things we spend on like medicare and medicaid. so let me give you a sense of what the two parties what the three plans want to do with medicare and medicaid. first of all, the republicans go a lot further than the president does. they want to cut $389 billion from medicare, $735 billion from medicaid. the president s plan calls for by the way, that s over ten years. the president s plan calls for a

Detailed text transcripts for TV channel - CNN - 20110414:18:18:00

graves across the cemetery and just guessed, guessed, the identities. the white house has announced that two u.s. soldiers will receive post hume muss medals of honor for actions during the korean war. relatives will receive the medal froms president obama in may. smokers, well, you may not like this next story. soon there could be t-shirts for sale that show what the smoke is doing to your lungs. it s today s connection. here s stephanie elam. reporter: pollution, it may be all around you but sometimes it s hard to see. with what started as their final project, these two new york university graduate students are working to change that. pollution or cigarette smoke it seems like this large problem, no one knows how to attack it. making a shirt that s heart or lungs brings it down to ef everyone s level. reporter: they created t-shirts that change color. healthy lungs, that s the

Detailed text transcripts for TV channel - CNN - 20110414:18:12:00

increases for the wealthy. so we did have a target. but i think, you know, this such a delicate dance right now that, if the white house was serious about getting some kind of a budget deal done before the election in a big way, they may have really blown their chances in a way yesterday because republicans are so angry and so upset about what the president said. yeah. and both sides, you know, we hear a lot of i m not going to vote for that, they re calling each other s plan a nonstarter. so how do we get this started? where do we go from here? it s interesting. i think the conversations have already begun. and there are large differences between the parties and the president laid out a very important plan yesterday and put down his markers on medicare and on taxes for the wealthy. but the republicans, honestly, were so upset at the way he did

Detailed text transcripts for TV channel - CNN - 20110414:18:38:00

that they believe just give money to other americans and expect nothing in return are fighting a war based on those same principles overseas. we should know better. you can t just give somebody money and expect that that person s going to do something. what is your strategy? i think we should gradually do, what petraeus and president obama are going to do summer, declare success. we ve done enough. gradually pull our troops out, tell the afghans, you re going to have to fight your own civil war but we ll give you tough advisers to show you how to do it, but we expect you to be on the front lines rather than americans. and after ten years, why do you think we re still there? that s a tough one, randi. the short answer. i think happened was we went to attack al qaeda who had killed us at 9/11. but then we stayed to build a

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