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Apr 11, 2018
04/18
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according to the aarp, this balanced budget amendment could subject social security and medicare to deep cuts without regard to the impact on the health and financial security of our most vulnerable citizens. mr. speaker, a balanced budget amendment would put the pillars of our social safety net at risk. if you don't believe me, again, maybe you'll listen to our friends at the aarp. they said this week in a letter, and i quote, a balanced budget amendment would likely harm social security and medicare, subjecting both programs to potentially deep cuts without regard to the impact on the health and financial security of individuals, end quote. i ask unanimous consent to insert the aarp's letter in the record. the speaker pro tempore: without objection. mr. mcgovern: this uncertainty could devastate the nearly half of older american households whose principal incomes come from social security or the over 50 million americans who depend on medicare. even small cuts to security checks or increases to medicare premiums could impact the finances of older americans and disabled americans. now,
according to the aarp, this balanced budget amendment could subject social security and medicare to deep cuts without regard to the impact on the health and financial security of our most vulnerable citizens. mr. speaker, a balanced budget amendment would put the pillars of our social safety net at risk. if you don't believe me, again, maybe you'll listen to our friends at the aarp. they said this week in a letter, and i quote, a balanced budget amendment would likely harm social security and...
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Apr 12, 2018
04/18
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social security, medicare, medicaid. and we've already seen the strategy in the president's fiscal year 2019 budget, which slashes $500 billion from medicare, $1.4 trillion from medicaid, and $72 billion from social security disability. mr. speaker, it's not just the american people and democrats in congress who have noticed the hypocrisy of what's being proposed today. even some republicans in congress have talked about it. our colleague, congressman mark meadows, said, and these are his words that i'm quoting, there is no one on capitol hill and certainly no one on main street that will take this vote seriously. he's right. this isn't going to fool anyone. least of all the american people. americans deserve so much better. my friend from georgia talked earlier about how we both sit on the budget committee and we've had conversations about how we wish we could actually talk about real solutions. that doesn't happen as often as it should. and certainly if you want to have a conversation about the deficit and the debt, we
social security, medicare, medicaid. and we've already seen the strategy in the president's fiscal year 2019 budget, which slashes $500 billion from medicare, $1.4 trillion from medicaid, and $72 billion from social security disability. mr. speaker, it's not just the american people and democrats in congress who have noticed the hypocrisy of what's being proposed today. even some republicans in congress have talked about it. our colleague, congressman mark meadows, said, and these are his words...
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Apr 12, 2018
04/18
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amendment the republicans found another cynical tool to gut the bedrock guarantees of medicare, medicaid, and social security. this so-called balanced budget amendment which is going nowhere, it won't even win the te on the floor today, budgetary engineering designed to slash medicare, medicaid and social security. as the aarp warn the g.o.p. balanced budget amendment, so-called, would subject social security and medicare to deep cuts that would be, in their words, devastating for millions of americans the american people cannot afford republicans' fiscally pockcy and their relentless efforts to gut medicare, medicaid and social security. can't say it enough. just to enrich the special interests. democrats know that investments in the health and strength of the american people are the best ways to reduce the deficit and grow the economy. in fact, nothing brings more money to the treasury than investing in the education of the american people. early childhood, k through 12, higher education, post-grad, lifetime learning for our workers. democrats will continue to -- will continue to cut the deficit, create go
amendment the republicans found another cynical tool to gut the bedrock guarantees of medicare, medicaid, and social security. this so-called balanced budget amendment which is going nowhere, it won't even win the te on the floor today, budgetary engineering designed to slash medicare, medicaid and social security. as the aarp warn the g.o.p. balanced budget amendment, so-called, would subject social security and medicare to deep cuts that would be, in their words, devastating for millions of...
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Apr 12, 2018
04/18
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and, 70% of the total increase in outlays over the next ten years is from social security, medicare and that interest on america's debt. congress must come to terms with this spending. our government makes promises to pay for the spending without identifying a source of funding for the sustainability. dedicated taxes and fees are paying for less than half of the total spending. to really address the fiscal imbalance, we can either reduce spending or increase our projected economic growth, but preferably some combination of the two. the tax cuts and jobs act fast was a good step towards growing the economy. it's already producing higher wages, more dollars in paychecks and increase domestic investme investment. and while we may have disagreements over the extent of its impact on the economy, both the joint committee on taxation and cbo confirmed the tax cuts will have a positive impact on gdp growth area to the budget committee continues to work towards sending a legislative path for the upcoming year and part of that has to be the process by which congress budgets. we cannot continue to
and, 70% of the total increase in outlays over the next ten years is from social security, medicare and that interest on america's debt. congress must come to terms with this spending. our government makes promises to pay for the spending without identifying a source of funding for the sustainability. dedicated taxes and fees are paying for less than half of the total spending. to really address the fiscal imbalance, we can either reduce spending or increase our projected economic growth, but...
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Apr 17, 2018
04/18
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my colleague from wyoming, the chairman, talked about social security and medicare. i introduced legislation that would lift the cap on taxable social security income for people making $250,000 a year or more. now, everybody is concerned about the financial future of social security, that is a legitimate concern. if you lift -- correct me if i'm wrong here. but according to social security administration, if you lift the cap on income of $250,000 or more, which is just the very highest income earners in this country, social security will be solvent for the next 60 years and we can increase benefit for lower income -- benefits for lower income social security beneficiaries. does that sound right to you? >> i don't know if that's true or not. i haven't looked at their -- >> according to the social security administration. so for all people who are concerned about the solvency in social security, the answer is not to cut benefits, but at a time of massive income and wealth and equality, to ask the people on top to start paying their fair share of taxes so that we can pro
my colleague from wyoming, the chairman, talked about social security and medicare. i introduced legislation that would lift the cap on taxable social security income for people making $250,000 a year or more. now, everybody is concerned about the financial future of social security, that is a legitimate concern. if you lift -- correct me if i'm wrong here. but according to social security administration, if you lift the cap on income of $250,000 or more, which is just the very highest income...
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Apr 19, 2018
04/18
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social security, medicare, medicaid, pension benefits for federal employees, federal retirement and so forth, veteran benefits. those are mandatory expenses. and we subsidize those today. even though there are trust fund, the social security a and medicare trust funds, mr. president, are not able to meet the needs of their -- of the citizens who are drawing benefits today. we're subsidizing out of that general account to the tune of about almost a half a trillion dollars a year. and if you include medicaid and obamacare, the health care cost in that, it's almost a trillion dollars, mr. president, today that we take out of the $2 trillion we collect in taxes, about 25% of those goes to those three line items automatically. then another trillion dollars comes out of our -- $685 billion comes out. so about a -- $1.7 trillion are then taken out. in debt -- and debt service is $316 billion, almost half of what we spend on our military today. after you take all of that out, there's only about half a trillion dollars left. yet, we still got all of the other discretionary expenses that we fu
social security, medicare, medicaid, pension benefits for federal employees, federal retirement and so forth, veteran benefits. those are mandatory expenses. and we subsidize those today. even though there are trust fund, the social security a and medicare trust funds, mr. president, are not able to meet the needs of their -- of the citizens who are drawing benefits today. we're subsidizing out of that general account to the tune of about almost a half a trillion dollars a year. and if you...
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and will go into how this is calculated but basically all those social security and medicare payments actually are are not counted now but the debts the they actually cost now but the debts are written they create debt which doesn't isn't paid off until what a couple decades from now so they pretend it didn't happen this year all right they say that the federal debt is twenty twenty one twenty two trillion dollars but if you account for the total debt picture it's sixty seventy eighty trillion dollars to donald trump i have this message mr president tear down that wall that wall being the interest rate apartheid wall i think you are saying that well the debt that will get you know just the internal financial apartheid state first and then go address these other problems in mexico and syria and all the others foreign adventures that the founders warned us against so the warning comes here from sheila weinberg and she's the c.e.o. of truth in accounting government budgeting works on a cash basis she says that enables them to leave many of their expenses in liabilities off the books so t
and will go into how this is calculated but basically all those social security and medicare payments actually are are not counted now but the debts the they actually cost now but the debts are written they create debt which doesn't isn't paid off until what a couple decades from now so they pretend it didn't happen this year all right they say that the federal debt is twenty twenty one twenty two trillion dollars but if you account for the total debt picture it's sixty seventy eighty trillion...
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and will go into how this is calculated but basically all those social security and medicare payments actually are are not counted now but the debts the they actually cost now but the debts are written they create debt which doesn't isn't paid off. a couple decades from now so they pretend it didn't happen this year all right they say that the federal debt is twenty twenty one twenty two trillion dollars but if you account for the total debt picture it's sixty seventy eighty trillion dollars so donald trump i have this message mr president tear down that wall that wall being the interest rate apartheid wall i think you are saying that well the debt that wall of jet. adjusts the internal financial apartheid state first and then go address these other problems in mexico and syria and all the others foreign adventures that the founders warned us against so the warning comes here from sheila weinberg and she's the c.e.o. of truth in accounting government budgeting works on a cash basis she says that enables them to leave many of their expenses and liabilities off the books so they calcula
and will go into how this is calculated but basically all those social security and medicare payments actually are are not counted now but the debts the they actually cost now but the debts are written they create debt which doesn't isn't paid off. a couple decades from now so they pretend it didn't happen this year all right they say that the federal debt is twenty twenty one twenty two trillion dollars but if you account for the total debt picture it's sixty seventy eighty trillion dollars so...
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Apr 18, 2018
04/18
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they support a budget that would cut more than $2 trillion from social security, medicare, and medicaid. we support a budget that would strengthen social security, medicare, and medicaid for working families, middle-class folks and senior citizens all across this country. they recklessly jammed a tax scam down the throats of the american people where 83% of the benefits go to the wealthiest 1% of this country. tax cuts for millionaires, billionaires, corporations, and big donors to subsidize the lifestyles of the rich and shameless. raw deal. we support tax cuts for working families and middle-class folks that are made permanent and that meaningfully put money back into the pockets of everyday americans. that's a better deal. they're all about chaos, crisis, and confusion, about special interests. we're about the people's interests. better jobs, better wages, and a better future for the american people, we believe the american people deserve a better deal. i yield back. the speaker pro tempore: the chair now recognizes the gentleman from maryland, mr. brown, for five minutes. mr. brown:
they support a budget that would cut more than $2 trillion from social security, medicare, and medicaid. we support a budget that would strengthen social security, medicare, and medicaid for working families, middle-class folks and senior citizens all across this country. they recklessly jammed a tax scam down the throats of the american people where 83% of the benefits go to the wealthiest 1% of this country. tax cuts for millionaires, billionaires, corporations, and big donors to subsidize...
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Apr 17, 2018
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social security and medicare. just thenext 10 years, growth will be about $1.3 trillion. that's functionally just the growth in social security and medicare will be two full defense departments. it's important to get our head around telling the truth. because if we're going to save these earned entitlements, we need to have that moment of reflection that comes off a calculator instead of what happens so often behind these microphones where we tried to make public policy by feelings. so first board i have up here, this is from the latest c.b.o. report which i have in here, which i'm trying to keep from falling off the podium here. and there's actually some good news here. and that is because of what's going on the last couple of quarters this last year, substantially i believe because of what's happening through growth or policies, whether it be the tax reform whether it be what's happening in the regulatory environment, you're actually seeing revenue into the trust fund go up a bit. it's still a crisis. but if you actually look like at ssdi which is social security disabil
social security and medicare. just thenext 10 years, growth will be about $1.3 trillion. that's functionally just the growth in social security and medicare will be two full defense departments. it's important to get our head around telling the truth. because if we're going to save these earned entitlements, we need to have that moment of reflection that comes off a calculator instead of what happens so often behind these microphones where we tried to make public policy by feelings. so first...
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Apr 2, 2018
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>> we just will not see that for social security, medicare, and medicaid and the thing you have keepingnize is that programs that we spend our budget on, we have to change them and reform them to survive and so that i can have social security, medicare, and medicaid and so that we can have this program for people who were in livety and people who paycheck to paycheck. the cost of living adjustment and raising the retirement age have to at least get talked ofut and have a chance increasing the solvency of these programs. has an issue? stand up. you can look at the camera. and a thing iia am passionate about is the affordability of college because it is a looming threat with college blasting a large portion of your life. we are oh is told to go to school and go to make something out of yourself, but how do you make that when you go bankrupt? host: where does the money come from? >> i don't have the answer, but i think this is an answer we need to address. >> over here. >> my name is sydney and the issue i am passionate about is women's rights and opportunities. this is a small fraction compar
>> we just will not see that for social security, medicare, and medicaid and the thing you have keepingnize is that programs that we spend our budget on, we have to change them and reform them to survive and so that i can have social security, medicare, and medicaid and so that we can have this program for people who were in livety and people who paycheck to paycheck. the cost of living adjustment and raising the retirement age have to at least get talked ofut and have a chance increasing...
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Apr 24, 2018
04/18
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medicare, over half a billion. social security -- excuse me, medicare, nearly $1 trillion. social security, half a billion. half a trillion, rather. education, medicaid. that's what the deficit hawks want. because they've come to understand that their big, beautiful tax scam really is sending this country into a huge deficit for the years to come. so, here's what they propose to do. republicans will cut social security, medicare and medicaid to pay for their tax scam. says who? says the speaker of the house. speaker ryan says, republicans to target welfare, medicare, medicaid in 2018. his words reported in the "the washington post," december 6, 2017. top republicans are already talking about cutting medicare and social security next. reported by fox news, december 20, twent. house -- 2017. house g.o.p. budget plan cuts medicare and social security, "the atlantic." trump proposes to cut medicare on wall street and defense hirks budget. you heard some of my colleagues -- defense, his budget. you heard some might have colleagues talk about this earlier. so what did the tax scam
medicare, over half a billion. social security -- excuse me, medicare, nearly $1 trillion. social security, half a billion. half a trillion, rather. education, medicaid. that's what the deficit hawks want. because they've come to understand that their big, beautiful tax scam really is sending this country into a huge deficit for the years to come. so, here's what they propose to do. republicans will cut social security, medicare and medicaid to pay for their tax scam. says who? says the speaker...
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and will go into how this is calculated but basically all those social security and medicare payments actually are are not counted now but the debts the they actually cost now but the debts are written they create debt which doesn't isn't paid off until what a couple decades from now so they pretend it didn't happen this year all right they say that the federal debt is twenty twenty one twenty two trillion dollars but if you account for the total debt picture it's sixty seventy eighty trillion dollars so donald trump i have this message mr president tear down that wall that wall being the interest rate apartheid wall i think you are saying that well a debt that will get you know just the internal financial apartheid state first and then go address these other problems in mexico and syria and all the others form. ventures that the founders warned us against so the warning comes here from sheila weinberg and she's the c.e.o. of truth in accounting government budgeting works on a cash basis she says that enables them to leave many of their expenses and liabilities off the books so they c
and will go into how this is calculated but basically all those social security and medicare payments actually are are not counted now but the debts the they actually cost now but the debts are written they create debt which doesn't isn't paid off until what a couple decades from now so they pretend it didn't happen this year all right they say that the federal debt is twenty twenty one twenty two trillion dollars but if you account for the total debt picture it's sixty seventy eighty trillion...
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Apr 18, 2018
04/18
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because it's our seniors are depraved medicare and social security and turned this into a voucher program for medicare which we all know isn't going to work if they privatize social security we know what's going to happen those folks retire in the middle class will out loud and they don't care, they don't care about the practical effects or if they do it doesn't matter so that's what we are up against. it doesn't matter who is the speaker of the house what matters is that they are in control and that we get the majority back fiscal and do everything we can in iowa to make sure democrats were in control so that we fight for the middle class and for american values that's what this is all about thank you for being here. [applause] i will keep this short he's going to tell you his life story. he's actually a native ireland. he was born in sac city, spend time in algona 12 or 13 years. but he grew up part of his life here and he knows about our values. he's been here quite a bit as well i don't think he knows the time change difference. [laughter] he's one of the young folks in the ho
because it's our seniors are depraved medicare and social security and turned this into a voucher program for medicare which we all know isn't going to work if they privatize social security we know what's going to happen those folks retire in the middle class will out loud and they don't care, they don't care about the practical effects or if they do it doesn't matter so that's what we are up against. it doesn't matter who is the speaker of the house what matters is that they are in control...
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Apr 17, 2018
04/18
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because what this is all a setup for his so they can go after social security, medicare and medicaid. that's the center. that's what this is all about. and we are not going to let him do that because we have children. we had veterans. we have students. we have working families that need a real break. and this bill does not deliver on that. so we're not going to rest, and when we take back the house we will repeal and replace this bill. thank you all. [applause] [chanting] vote them out. vote them out. >> sister simone is, in fact, here. i think she just got another degree added to her name. that's fine, that's fine. she deserves it. this is a tireless advocate on behalf of those who do not have a voice. not only -- she is executive director of network and is a social justice warrior. please welcome my friend sister simone campbell. [applause] >> what an honor to be here on a day that i wished was more happier day, a day of joy, and they of feeling like we are contributing to the common good as we pay our taxes. as i paid my i looked at it and i said what happened to the common good? w
because what this is all a setup for his so they can go after social security, medicare and medicaid. that's the center. that's what this is all about. and we are not going to let him do that because we have children. we had veterans. we have students. we have working families that need a real break. and this bill does not deliver on that. so we're not going to rest, and when we take back the house we will repeal and replace this bill. thank you all. [applause] [chanting] vote them out. vote...
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Apr 17, 2018
04/18
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education, medicaid, medicare and social security. this is what we're using to pay for the tax scam. as executive officer i keep people safe. i babysit these buildings. that is what i do. if i was not a proud member of seiu local 32nj, includes cafeteria workers, school bus drivers, woman say cleaners, that is why your restaurant is clean, that is why your desk trashcan is empty. that is us. okay? i've been speaking out, picketing and organizing. racial equality. my church was just here last week fighting for what? racial equality. shout out to my young brothers and sisters the week before that that we are fighting to go to school without teachers having to carry guns. if i did not belong to a union i would not be able to live on what the prophet holders want to pay us. today i am 71 years old and i'm sick and tired of the lies that republican lawmakers and their donors keep spreading. i want to thank all of the democrats who finally got -- and the few brave republicans that voted against this tax plan. we, the members of seiu local 3
education, medicaid, medicare and social security. this is what we're using to pay for the tax scam. as executive officer i keep people safe. i babysit these buildings. that is what i do. if i was not a proud member of seiu local 32nj, includes cafeteria workers, school bus drivers, woman say cleaners, that is why your restaurant is clean, that is why your desk trashcan is empty. that is us. okay? i've been speaking out, picketing and organizing. racial equality. my church was just here last...
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Apr 8, 2018
04/18
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differentiated him from other republican candidates was that he vowed not to cut programs i social security, medicare, medicaid. in fact the effort to repeal the affordable care act he did do so in yet by and large most of his base has stuck with him. not all of them. there certainly have been defectors and the approval rating has fallen among certain republicans that voted for him. especially the independence that would've been. by and large i think he has managed to maintain his base because he really is the nontraditional divisive figure. he ran and will come up and shake up washington norms. i think he has also been very good at stoking cultural battles that he is loyalty. whether this is over issues like steel tariffs and chinese take advantage of the us trade deal or whether it is issues like colin kaepernick, the nfl quarterback who started this trend to take any instant response to police totality. it is something that resonates with his voters and keeps them loyal to him even if he is not delivering on many of the kinds of policies that he promised that would help these downscale world white
differentiated him from other republican candidates was that he vowed not to cut programs i social security, medicare, medicaid. in fact the effort to repeal the affordable care act he did do so in yet by and large most of his base has stuck with him. not all of them. there certainly have been defectors and the approval rating has fallen among certain republicans that voted for him. especially the independence that would've been. by and large i think he has managed to maintain his base because...
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Apr 19, 2018
04/18
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medicare. and social security. because if our seniors are deprived medicare and social security, if they turn this thing into some kind of a voucher program for medicare, which we all know is not going to work, is not going to get what medicare gives you now, and privatize social security, those folks who retire in the middle class will fall out of the middle class. that's what will happen. and they don't care. they don't care. they've got an ideology. they don't think about the practical effects of all of this. or if they do, it doesn't matter. so that's what we're up against. it doesn't matter who the speaker of the house is. what matters is that they're in control. and it matters that we get that majority back this fall, and that we do everything we can in the state of iowa to make sure that democrats are in control so that we fight for the middle class. so we fight for those trying to get into the middle class. so we fight for american values. that's what this is all about. thanks, everybody. thank you so much.
medicare. and social security. because if our seniors are deprived medicare and social security, if they turn this thing into some kind of a voucher program for medicare, which we all know is not going to work, is not going to get what medicare gives you now, and privatize social security, those folks who retire in the middle class will fall out of the middle class. that's what will happen. and they don't care. they don't care. they've got an ideology. they don't think about the practical...
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Apr 5, 2018
04/18
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social security and the rising self -- healthcare expenditures. and also in the debt if we look at the next ten years social security medicare and medicaid that as the additional spending. over the next ten years. with the information a power and responsibility that we see in a very federal system and switzerland i'm not as familiar with it. it's not all but most of the healthcare spending happens at the canton level. so not very much on the federal level. that's a key difference. healthcare is really the primary driver. but then there is also a general revenue transfer for the social security program. in the swiss system. and there are other earmarked funds to help finance a portion i would it would seem to me that transfer in particular it could be effective by that. and what that means for the swiss debt break going forward. if you could talk a little bit about the federal and the katona level. where they do face the healthcare cost pressures. as well. is this a fiscal role. to work in the long run. and be able to be sustained given the demographic pressures that our country may be facing. >> you made a very excellent description. we obviously ha
social security and the rising self -- healthcare expenditures. and also in the debt if we look at the next ten years social security medicare and medicaid that as the additional spending. over the next ten years. with the information a power and responsibility that we see in a very federal system and switzerland i'm not as familiar with it. it's not all but most of the healthcare spending happens at the canton level. so not very much on the federal level. that's a key difference. healthcare is...
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Apr 24, 2018
04/18
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security. the trump budget alone calls for $500 billion in cuts to medicare, almost $1.5 trillion cuts to medicaid, and $72 billion cuts in social security disability. democrats will keep our promise to our seniors honorary and protect the health, well-being, and financial security of american families by strengthening medicare, medicaid, and social security. moreover, the trump budget calls for cuts to vital childcare development block grants that help ensure working parents have access to quality, affordable childcare. democrats are calling for expanded childcare assistance and universal access to high quality preschool programs so every child can have a strong start. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the the gentlewoman from florida seek recognition. ms. ros-lehtinen: madam speaker, i ask unanimous consent to address the house for one minute. revise and extend my remarks. the speaker pro tempore: without objection, the gentlewoman is recognized for one minute. ms. ros-lehtinen: thank you, madam speaker. the and i rise today to
security. the trump budget alone calls for $500 billion in cuts to medicare, almost $1.5 trillion cuts to medicaid, and $72 billion cuts in social security disability. democrats will keep our promise to our seniors honorary and protect the health, well-being, and financial security of american families by strengthening medicare, medicaid, and social security. moreover, the trump budget calls for cuts to vital childcare development block grants that help ensure working parents have access to...
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Apr 26, 2018
04/18
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house republicans want to cut $2 trillion from social security, medicare, and medicaid. raw deal. democrats want to strengthen social security, medicare, and medicaid so that senior citizens from throughout the land can live out their golden years with grace and dignity. that's a better deal. house republicans are all about chaos, crisis, and confusion. democrats are working to deliver better jobs, better ges, and a better future the american people deserve. a better deal. i yield back. the speaker pro tempore: the chair recognizes the gentleman from kentucky, mr. massie, for ive minutes. mr. massie: mr. speaker, i rise today to recognize outstanding udents in my district from fort nds high school in thomas. these exceptional students competed in the we the people state level competition, and they'll represent our state at the national competition here in d.c. this weekend. this is their 15th state championship win. the we the people program is directed by the center for civic fort thomas. these exceptional students education. the we . i think some of my colleagues could stand to p
house republicans want to cut $2 trillion from social security, medicare, and medicaid. raw deal. democrats want to strengthen social security, medicare, and medicaid so that senior citizens from throughout the land can live out their golden years with grace and dignity. that's a better deal. house republicans are all about chaos, crisis, and confusion. democrats are working to deliver better jobs, better ges, and a better future the american people deserve. a better deal. i yield back. the...
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Apr 11, 2018
04/18
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i think the entightment, medicare and medicaid and social security, they could work better and get the debt under control but we have to reform the programs. we've not had bipartisan con senso census to do that and we were able to get a bill this year and i wished we could have passed that into law because i think it would make a great difference but we've advanced the issues. these issues aren't going away and i think we're closer to a consensus than just a couple of years ago when we started talking about this issues. >> i have two more questions and then i know you have to go. maybe it is early for you to be retrospective and look back at your career in congress and can you think of what your best moment in congress was and worst moment. >> losing the majority in '06 was an ugly time when we lost the major. losing in 2012 election was a pretty tough moment for me. i was on the ticket with mitt. those are tough moments. i think getting tax reform done was one of the best moments, something i've been working on for over 20 years, since i've worked for jack kemp i worked on tax reform
i think the entightment, medicare and medicaid and social security, they could work better and get the debt under control but we have to reform the programs. we've not had bipartisan con senso census to do that and we were able to get a bill this year and i wished we could have passed that into law because i think it would make a great difference but we've advanced the issues. these issues aren't going away and i think we're closer to a consensus than just a couple of years ago when we started...
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Apr 13, 2018
04/18
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of social security and the rising healthcare expenditures driving much of the growth and federal spending in the united states and in the debt. if we look at the next 10 years, social security, medicare and medicaid which are the big federal healthcare programs and interest on the debt projected to drive 85% of growth in spending. so that's the additional spending that we are looking at over the next 10 years and with the separation of powers and responsibilities that we see in the very federal system in switzerland, i'm not as familiar with it but i believe if not all but most of the healthcare spending happens at the canton level. so not very much on the federal level. so that's a key difference and healthcare is really the primary driver for us in terms of increasing spending. but then there's also -- isn't there also a general revenue transfer for the social security program and in the swiss system where some of the federal revenues, the percentage of the value added tax and earmark funds that help finance a portion of the social security pension programs. it would seem to me that that transfer in particular could be affected by the swiss debt break. so i'm wondering whether swit
of social security and the rising healthcare expenditures driving much of the growth and federal spending in the united states and in the debt. if we look at the next 10 years, social security, medicare and medicaid which are the big federal healthcare programs and interest on the debt projected to drive 85% of growth in spending. so that's the additional spending that we are looking at over the next 10 years and with the separation of powers and responsibilities that we see in the very federal...
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fifty trillion dollars when you include all the social welfare and total net programs like social security medicare was the bomb and al you have america it's negative what's the book value of bankrupt what's the book value of russia there's no there's no real debt positive russia has a positive book value america as a negative book is value what i'm getting at there's not really a lot of debt which is really significant in the in the global scheme of things so if you disrupt the global narrative which is what we have going on right now globalism is a big narrative if you look at what happened you know going back digressing a bit to the central banks of the central banks supporting the zombie institutions with low interest rates so you've got a bunch of companies that should have gone bankrupt tesla is a perfect example that lives off of government sector subsidies and the fat of the land if you didn't have a zero percent interest rates in the european central bank meddling in the corporate bond markets and the swiss national bank buying equities you wouldn't have support like this but then you've g
fifty trillion dollars when you include all the social welfare and total net programs like social security medicare was the bomb and al you have america it's negative what's the book value of bankrupt what's the book value of russia there's no there's no real debt positive russia has a positive book value america as a negative book is value what i'm getting at there's not really a lot of debt which is really significant in the in the global scheme of things so if you disrupt the global...
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Apr 11, 2018
04/18
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call social security and medicare an entitlement, whereas of it as giant press-ons invested.ve guest:huh. caller: we had a huge amount of boomer payments, which excess social f security and medicare payments federal deficit pending all those years and then the government paid from the right hand to left hand an this, i am concerned about that fact that what did you do with that money? helped out on the budget and social security and medicare are having problems is the lieve that government's fault because they didn't handle our press with them. you, caller, thanks. guest: i agree with you that during the period of time when paying more in in terms of social security, than we were tacks, out in payroll that additional revenue was being used to reduce the federal deficit at large and it does and unfortunately, there is more taking out than being paid in and that is working the direction, however, during that period of time, we surpluses to the that were in the social security fund become available to the federal government through to iou's that we owe back ourselves. long story short he
call social security and medicare an entitlement, whereas of it as giant press-ons invested.ve guest:huh. caller: we had a huge amount of boomer payments, which excess social f security and medicare payments federal deficit pending all those years and then the government paid from the right hand to left hand an this, i am concerned about that fact that what did you do with that money? helped out on the budget and social security and medicare are having problems is the lieve that government's...
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helped work through a 40% cut on taxes for corporate america and i want to take away your social security, medicarend medicaid. what type of genius is that? ed: to the voters who are key to us. lou: i won't finish the question. i'll just say thank you, ed. we continue in one moment. lou: joining me now former vice chief of the army, general jack keane. president has ordered the generals to deliver a plan for withdrawal of troops from syria once isis is defeated. >> what's left to be done. we took away their caliphate in raqqa. our guise were pretty much advisors, and leading, too, on the syrian forces who did so successfully. we have 3,000 fighters between iraq and syria. the leadership of isis is in the southeastern part of the euphrates river valley. we have to clean all of that out. i don't think we should immediately pull out after that. we have to stabilize the region. what we find is when a conflict is over if we just pull up and leave and we are not concerned about winning the peace, not just the war. there is a tendency the enemy will be able to get back in there. that's what happens in ira
helped work through a 40% cut on taxes for corporate america and i want to take away your social security, medicarend medicaid. what type of genius is that? ed: to the voters who are key to us. lou: i won't finish the question. i'll just say thank you, ed. we continue in one moment. lou: joining me now former vice chief of the army, general jack keane. president has ordered the generals to deliver a plan for withdrawal of troops from syria once isis is defeated. >> what's left to be done....
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Apr 17, 2018
04/18
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, you would money into social security system and money went out the door almost immediately spending.government there is no big bank account keeps social nt security and medicare, there is paying in er workers to support the programs and more elderly folks taking money out there is a giant multi trillion dollar gap and the takeay out in on the programs. the timately have to solve problems by raising taxes i or by cutting benefits. should reform and but programs to slowly, steadily reduce benefits over ime and give people adequate warning to save more for retire and rely less on the government. an independent, go ahead. caller: yes. tried to think about the -- and how much they are costing us n the middle east and the a 10 35 series rt and -- save a trillion dollars there. i want to know whatta happened 1.4 trillion dollars that took out of h ocial security and the 1.3 trillion dollars that president obama took out of social security? how much has the war in middle east cost us and how much more it would be costing back ldiers coming disabled? host: a few questions there for you. caller is right. the wars in the middle east were terms stly, not just in of dolla
, you would money into social security system and money went out the door almost immediately spending.government there is no big bank account keeps social nt security and medicare, there is paying in er workers to support the programs and more elderly folks taking money out there is a giant multi trillion dollar gap and the takeay out in on the programs. the timately have to solve problems by raising taxes i or by cutting benefits. should reform and but programs to slowly, steadily reduce...
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helped work through a 40% cut on taxes for corporate america and i want to take away your social security, medicarend medicaid. what type of genius is that? ed: to the voters who are key to us. lou: i won't finish the question. i'll just say thank you, ed. i'll just say thank you, ed. we continue in one moment. i'm one unlucky guy. the chance of being involved in a robbery is 1 in 757. the chances of being struck by lightning... [thunder] [coughs] 1 in 750,000. [ding] woman on p.a.: please fasten your seatbelts for unexpected turbulence. announcer: the chances of being a victim in an airline crash, 1 in 29 million. hey could i get some peanuts? the chances of being involved in a car crash are far greater than lightning strikes and plane crashes. and if you are texting while driving, your risk of crash increases 23 times. now, i may be an unlucky guy, but i don't have to be part of that statistic, and neither do you. drive responsibly. nearly half of all cancers can be prevented. that's right -- half. nearly fifty percent. mostly by making small, everyday changes in your diet and controlling your we
helped work through a 40% cut on taxes for corporate america and i want to take away your social security, medicarend medicaid. what type of genius is that? ed: to the voters who are key to us. lou: i won't finish the question. i'll just say thank you, ed. i'll just say thank you, ed. we continue in one moment. i'm one unlucky guy. the chance of being involved in a robbery is 1 in 757. the chances of being struck by lightning... [thunder] [coughs] 1 in 750,000. [ding] woman on p.a.: please...
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helped work through a 40% cut on taxes for corporate america and i want to take away your social security, medicareedicaid. what type of genius is that? ed: to the voters who are key to us. lou: i won't finish the question. i'll just say thank you, ed. we continue in one moment. how do you win at business? stay at laquinta. where we're changing with contemporary make-overs. then, use the ultimate power handshake, the upper hander with a double palm grab. who has the upper hand now? start winning today. book now at lq.com. i'm your phone,istle text alert. stuck down here between your seat and your console, playing a little hide-n-seek. cold... warmer... warmer... ah boiling. jackpot. and if you've got cut-rate car insurance, you could be picking up these charges yourself. so get allstate, where agents help keep you protected from mayhem... ...like me. mayhem is everywhere. are you in good hands? lou: joining me now former vice chief of the army, general jack keane. president has ordered the generals to deliver a plan for withdrawal of troops from syria once isis is defeated. >> what's left to be don
helped work through a 40% cut on taxes for corporate america and i want to take away your social security, medicareedicaid. what type of genius is that? ed: to the voters who are key to us. lou: i won't finish the question. i'll just say thank you, ed. we continue in one moment. how do you win at business? stay at laquinta. where we're changing with contemporary make-overs. then, use the ultimate power handshake, the upper hander with a double palm grab. who has the upper hand now? start...
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Apr 17, 2018
04/18
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they violated public assistance programs in this country in this nation lake social security, medicaid and medicare are now at risk. if there's a balanced budget amendment, they said we've got to get to the basic programs like social security, medicare, and medicaid to make up the difference. i think that is unconscionable to give tax breaks to people who are well off and comfortable and then to cut the basics of human existence from many senior citizens and social security and medicare. the devastating first act the republican tax plan and fiscal conservatives unless they define it has exploded our nation's deficit and provided enormous benefit to those who frankly don't need it. we can't let the second act be a balanced budget constitutional amendment that will end up pillaging the basic programs that help low and middle incoamericans -- middle-income americans the most in the name of fiscal responsibility. i ask consent that the next statement be placed in a separate part in the record. the presiding officer: without objection. mr. durbin: mr. president, there's a poll in the city of chicago a f
they violated public assistance programs in this country in this nation lake social security, medicaid and medicare are now at risk. if there's a balanced budget amendment, they said we've got to get to the basic programs like social security, medicare, and medicaid to make up the difference. i think that is unconscionable to give tax breaks to people who are well off and comfortable and then to cut the basics of human existence from many senior citizens and social security and medicare. the...
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Apr 15, 2018
04/18
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medicare goes. i think he benefitted from social security when his father died. you think is behind the alex p. keaton treatment he's gotten in the media? do you think now that he's going there will be more paul krugman assessments. >> i think there will be. he's a lake dumb. he won't do many things at all. they have gone after donald trump even though they vote with him more than 90% of the time. there's the wonder kill thing with paul ryan. he's worth about 6, $7 million. he's always put forth this i'm a working kind of guy, of the people, which has never been true. he's been born into wealth. he has millions of dollars. paul ryan is going to be known for taking away health care, for skyrocketing the deficit, for being -- turning the republican house into lap dogs for donald trump and it is just a continuous failure. i think that ultimately will be what his legacy will be known for but yet the media has been looking, as you were ee leading to, for this wonder kid that just never came to fruition. he was able to trick people. that's the best way of saying it, he
medicare goes. i think he benefitted from social security when his father died. you think is behind the alex p. keaton treatment he's gotten in the media? do you think now that he's going there will be more paul krugman assessments. >> i think there will be. he's a lake dumb. he won't do many things at all. they have gone after donald trump even though they vote with him more than 90% of the time. there's the wonder kill thing with paul ryan. he's worth about 6, $7 million. he's always...
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Apr 18, 2018
04/18
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. >> this is a setup so they can go after social security, medicare, and medicaid. that is the set up and what this is all about. >> reporter:'s awareness a public stand? a wall street journal nbc poll out this week says that 27% of americans called the tax reform bill a good idea while 36% say it is a bad idea. but those polls now prefer republicans over democrats as the best party to handle taxes and the economy. >>> adult film star stormy daniels released a sketch today of the man she says threatened her and her daughter seven years ago. a professional artist created the sketch based on her memory. daniels believes the threat was tied to her alleged affair with president donald trump. she's at the man approached her in a las vegas parking lot and told her to leave trump alone. lawyer is offering a $100,000 reward to anyone that can identify the manner that sketch. >>> a war of words between california governor jerry brown and president donald trump. at 6:30 pm, the latest in the battle over how the state's national guard troops will be helping federal officials.
. >> this is a setup so they can go after social security, medicare, and medicaid. that is the set up and what this is all about. >> reporter:'s awareness a public stand? a wall street journal nbc poll out this week says that 27% of americans called the tax reform bill a good idea while 36% say it is a bad idea. but those polls now prefer republicans over democrats as the best party to handle taxes and the economy. >>> adult film star stormy daniels released a sketch today...
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Apr 8, 2018
04/18
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CNNW
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he talked about health care and protecting and making sure social security, medicare, medicaid and thatwe have a message that we can run on and the tax plan is not working for republicans. >> the president is running on his tougher immigration measures tweeting over the weekend we are sealing up our southern border. the people want safety and security. dems have been a disaster on this important issue. might play great in arizona. you are worried that it will hurt republicans in the general election. >> absolutely. frankly, illegal immigration is down to a 46-year low. this idea that we have some invasion of people coming into the united states, illegal immigration has not been this low since the early 1970s. some of the people on the panel were not even born at that time. i just think it is a bad issue and turns off hispanics. hispanics have been trending republican for years. what has turned them around has been this hard line immigration and particularly those people who oppose illegal immigration. we can fix it quite easily. we need a system that gives the chance of people who want
he talked about health care and protecting and making sure social security, medicare, medicaid and thatwe have a message that we can run on and the tax plan is not working for republicans. >> the president is running on his tougher immigration measures tweeting over the weekend we are sealing up our southern border. the people want safety and security. dems have been a disaster on this important issue. might play great in arizona. you are worried that it will hurt republicans in the...
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helped work through a 40% cut on taxes for corporate america and i want to take away your social security, medicarend medicaid. what type of genius is that? ed: to the voters who are key to us. lou: i won't finish the question. i'll just say thank you, ed. we continue in one moment. patrick woke up with back pain. but he has work to do. so he took aleve. if he'd taken tylenol, he'd be stopping for more pills right now. only aleve has the strength to stop tough pain for up to 12 hours with just one pill. aleve. all day strong. (birds tweeting) this is not a cloud. this is a tomato tracked from farm to table on a blockchain, helping keep shoppers safe. this is a financial transaction secure from hacks and threats others can't see. this is a skyscraper whose elevators use iot data and ai to help thousands get to work safely and efficiently. this is not the cloud you know. this is the ibm cloud. the ibm cloud is the cloud for smarter business. ♪ ♪ [fbi agent] you're a brave man, your testimony will save lives. mr. stevens? this is your new name. this is your new house. and a perfectly inconspicuous suv
helped work through a 40% cut on taxes for corporate america and i want to take away your social security, medicarend medicaid. what type of genius is that? ed: to the voters who are key to us. lou: i won't finish the question. i'll just say thank you, ed. we continue in one moment. patrick woke up with back pain. but he has work to do. so he took aleve. if he'd taken tylenol, he'd be stopping for more pills right now. only aleve has the strength to stop tough pain for up to 12 hours with just...
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social security, medicare, medicaid, affordable care act are all programs we need to make better.e don't want to take our hands off them, we don't need to mess with them, those are all programs that need to be improved. they should get on the business improving them and putting them on a sustainable track. trish: i look back to president bush trying to reform social security and privatized accounts that landed him in a whole sea of trouble. we're talking about this, doug with, china. they have a regime for life. we have, administrations that are there for four years, eight years, if they're lucky. lawmakers in d.c. that are trying to get reelected every two years. >> sure. trish: consequently there is no will to take any kind of pain. >> something can't go on forever, it won't. this can't go on forever, so something has to change. that includes the politics of reform. it can no longer be okay to leave social security unchanged that means people get benefits cut by 25% in a few short years. it can not be okay to let medicare run out of financial controls. those things have to be di
social security, medicare, medicaid, affordable care act are all programs we need to make better.e don't want to take our hands off them, we don't need to mess with them, those are all programs that need to be improved. they should get on the business improving them and putting them on a sustainable track. trish: i look back to president bush trying to reform social security and privatized accounts that landed him in a whole sea of trouble. we're talking about this, doug with, china. they have...
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Apr 11, 2018
04/18
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when you take a look at the whole variety, social security, medicare, medicaid, while there may have been differences in the chamber as they debated them, when it came to the vote, it was passed on a bipartisan basis because it's my view that the folks who served there understood why they were elected and what this institution is about. and how it provides opportunity for people in this country. that's what our job is here, is to provide opportunity for the people of this country. it is about educating needy children, feeding hungry families, supporting our veterans and shielding seniors from poverty. those are not the great achievements that the other side of the aisle looks at. and it is about the view that these are the takers, not the makers. hat's a relax in a hammock and don't want to go out and get to work, demeaning hard-working people in this country. you know, we are forcing the majority in this body and in the senate and in the white house, are forcing every day americans to pay for their $2 trillion tax cut for corporations and for the wealthiest americans and now they wa
when you take a look at the whole variety, social security, medicare, medicaid, while there may have been differences in the chamber as they debated them, when it came to the vote, it was passed on a bipartisan basis because it's my view that the folks who served there understood why they were elected and what this institution is about. and how it provides opportunity for people in this country. that's what our job is here, is to provide opportunity for the people of this country. it is about...
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Apr 17, 2018
04/18
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, you would money into social security system and money went out the door almost immediately spending.government there is no big bank account keeps social nt security and medicareis paying in er workers to support the programs and more elderly folks taking money out there is a giant multi trillion dollar gap and the takeay out in on the programs. the timately have to solve problems by raising taxes i or by cutting benefits. should reform and but programs to slowly, steadily reduce benefits over ime and give people adequate warning to save more for retire and rely less on the government. an independent, go ahead. caller: yes. tried to think about the -- and how much they are costing us n the middle east and the a 10 35 series rt and -- save a trillion dollars there. i want to know whatta happened 1.4 trillion dollars that took out of h ocial security and the 1.3 trillion dollars that president obama took out of social security? how much has the war in middle east cost us and how much more it would be costing back ldiers coming disabled? host: a few questions there for you. caller is right. the wars in the middle east were terms stly, not just in of dollar cost t
, you would money into social security system and money went out the door almost immediately spending.government there is no big bank account keeps social nt security and medicareis paying in er workers to support the programs and more elderly folks taking money out there is a giant multi trillion dollar gap and the takeay out in on the programs. the timately have to solve problems by raising taxes i or by cutting benefits. should reform and but programs to slowly, steadily reduce benefits over...
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Apr 11, 2018
04/18
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BLOOMBERG
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and how it argue most trump voters who say -- i, like you, donald trump, i do not want my medicare or social securityd cut. kevin: we will leave it to their. thank you for your time. progress woman, thank you for coming on bloomberg. julia: thank you very much, kevin cirilli. she was not down for mark zuckerberg's performance. suck onp, the indices volatility in the last two months. investors.om from new york, this is bloomberg. ♪ scarlet: time for our weekly segments chart or we begin the top technicians to look at and that charts and bloomberg functions. joining me today is coding, and the last time you are here late last year, yet interesting call, you are expecting a correction, and we didn't get at the time, but this year has been the year of volatility. what is next, you think will go below february slow to get a real correction? think as you can see from the chart, we have an explosion of volatility this year. the last time in early february when we tested the 200 day, we got an immediate rally on the 200 day moving average. we got a double top at the end of february and middle of march, back
and how it argue most trump voters who say -- i, like you, donald trump, i do not want my medicare or social securityd cut. kevin: we will leave it to their. thank you for your time. progress woman, thank you for coming on bloomberg. julia: thank you very much, kevin cirilli. she was not down for mark zuckerberg's performance. suck onp, the indices volatility in the last two months. investors.om from new york, this is bloomberg. ♪ scarlet: time for our weekly segments chart or we begin the...
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Apr 21, 2018
04/18
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i mean the perfect example is democrats are out there talking about protecting social security, medicare works across the board. it works in a rural conservative area and it works in new jersey and virginia. i think that we have a message there that definitely resonates. republicans can't run on tax cuts. they gave up that narrative in p.a. 18 as an example there. it's just incredibly unpopular. voters are not stupid. they understand it was a tax cut for the wealthy and that it ultimately will hurt them. at least we have issues that we can run on that have been resonating and they don't. >> both parties are now going through something where left is working against middle in the very democratic party itself. they're trying to find their voice. >> yeah. that is one danger of the democrat party thinking maybe this will be so easy because of trump. this is practically being handed to them. i do think they need to be careful not to assume they can go so far left because they'll lose a lot of people. what you want are anti-trump republicans, right of center people and independents to come out
i mean the perfect example is democrats are out there talking about protecting social security, medicare works across the board. it works in a rural conservative area and it works in new jersey and virginia. i think that we have a message there that definitely resonates. republicans can't run on tax cuts. they gave up that narrative in p.a. 18 as an example there. it's just incredibly unpopular. voters are not stupid. they understand it was a tax cut for the wealthy and that it ultimately will...
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Apr 17, 2018
04/18
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. >> this is all a setup for so they can go after social security, medicare and medicaid. that is the setup. that is what this is all about. >> reporter: so where does the public stand? wall street journal nbc poll out says this week 27% of americans call the tax reform bill a good idea while 36% say it's a bad idea. but those polled now prefer republicans over democrats and the best party to handle taxes and the economy. in washington caroline shavely fox news. >>> when people ask you what can you get for $1 million? not this condemned home here. no, it sold for well over $1 million. we'll have that story coming up after the break. you could save energy by living off the grid. completely. or... just set the washing machine to cold. do your thing. with energy upgrade california. >>> if you need proof that the red hot bay area real estate market shows no signs of cooling, consider this. >> in fremont a buyer put up more than $1 million to purchase a condemned home. ktvu south bay reporter jesse gary is live with more on the home. even though it's unlivable, it sold really q
. >> this is all a setup for so they can go after social security, medicare and medicaid. that is the setup. that is what this is all about. >> reporter: so where does the public stand? wall street journal nbc poll out says this week 27% of americans call the tax reform bill a good idea while 36% say it's a bad idea. but those polled now prefer republicans over democrats and the best party to handle taxes and the economy. in washington caroline shavely fox news. >>> when...
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Apr 12, 2018
04/18
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CSPAN2
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my colleague butcher would talked about social security and medicare. they introduced legislation that would lift the cap on the taxable social security income. everybody is concerned about the financial future of social security. according to the social security administration. administration. if you lift the cap on income of $250 or more which is just the highest income earners in this country. so security will be solvent for the next 60 years. we can include -- increased benefits. does that sound right to you. >> i don't know if that is true or not. for all people who are concerned about the solvency and social security the answer is not to cut benefits but massive income and wealth inequality. so that we can protect the many millions of people today who are struggling to keep their heads above water. it might be worth a hearing on this. you've a lot of elderly people cutting their subscription costs in half. in terms of poverty among elderly people in this country. it is to be strengthening those programs. thank you for your work. sorry there is such
my colleague butcher would talked about social security and medicare. they introduced legislation that would lift the cap on the taxable social security income. everybody is concerned about the financial future of social security. according to the social security administration. administration. if you lift the cap on income of $250 or more which is just the highest income earners in this country. so security will be solvent for the next 60 years. we can include -- increased benefits. does that...
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Apr 8, 2018
04/18
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if social security and medicare were eliminated? do not think anybody who works in congress deserves a pension. they should get the same pension that every other person gets. you get one after you work for 30 years. thanks for the call. the u.s. national debt clock and a look at what this means for it average taxpayer and what means is a percentage of the gdp. medicare, medicaid, social security, and the defense budget -- high ticket items. thela joins us from washington, d.c. area. good morning. caller: good morning. i would like to address one of your callers who says federal workers need to be, i guess, limited. i would like to tell him that, trust me, most of us government workers are not making nearly as much as these congresspeople, -- avail get to bail ourselves of the perks they get, like private planes and other types of advantages that we do not get. actually, we are the ones doing the work find the scenes. if we were not working, nothing would get done in government. thank you. host: thank you. another viewer saying start
if social security and medicare were eliminated? do not think anybody who works in congress deserves a pension. they should get the same pension that every other person gets. you get one after you work for 30 years. thanks for the call. the u.s. national debt clock and a look at what this means for it average taxpayer and what means is a percentage of the gdp. medicare, medicaid, social security, and the defense budget -- high ticket items. thela joins us from washington, d.c. area. good...