mr. scully. i remember newt gingrich, speak of the house stood on floor i can't wait until the day comes when medicare dies on the vine. these wonderful people who really love america. isn't it amazing how they can stand up there to make a statement on that in front. house of representatives? i'm a very old man, i remember all these people lived in hooverville. retire from the big steel companies and things, build a shack in woods and thousands of men lived like that. that was long time ago. i remember those things. it is really refreshing to hear someone stand up and say medicare is a wonderful program basically it is, universal just about, but everybody in this country, but, you want to opt out of it you're foolish you know. thank you. >> host: tom scully? >> guest: i have one admirer left. maybe my mom is watching. i've known newt for a long time. he is little more conservative on some things than i am, he says, although he says things that are misinterpreted or you know, pretty vibrant, i don

mr. scully, as far as the medicare and medicaid. it should be more selective. to me, it's just another issue with the government, commonsense needs to take over for politicians in general. people without a need don't need to be on the program but we're given no choice with the medicare program. i agree that we need to just be more selective in the people who partake in these programs. thank you very much. host: all right. tom, let me ask you -- guest: i think the social security fabric, a lot of people say keep the government out of my medicare but the fact is when you're over 65, healthcare costs go up, commercial insurance is not viable. we already have some wealthy seniors pay more already. my own view is they should pay even more. host: and now this question of what people should pay and how they're going to afford. a third of people have nothing saved for retirement. 16 percent -- 14 percent of adults older than 65 have very little saved for retirement and then you have this headline also from u.s.a. today that the cost of raising children will cost you $2