| 00:00:33 |
Unidentified Speaker, -
THAT BY 2020 THE ENTIRE FEDERAL BUDGET WILL BE INTEREST ON THE DEBT, SOCIAL SECURITY, MEDICARE, MEDICAID. THE REASON WE HAVE THIS IS A HUGE -- THIS...
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| 00:01:12 |
Unidentified Speaker, -
WE SHOULD NOT BE AFRAID OF THAT. GET A DIALOGUE GOING IN THIS COUNTRY SO WE CAN FIGURE OUT HOW TO FIX THESE PROBLEMS. ONE OF THE THINGS WE OUGHT TO DO...
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| 00:03:19 |
Unidentified Speaker, -
A LOOK AT SOME OF THE MAJOR ISSUES IN THIS CAMPAIGN. MEDICARE, SOCIAL SECURITY, AND THE OVERALL BUDGET. HAS THERE BEEN A CONSISTENCY IN HIS STATEMENT...
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| 00:03:44 |
Unidentified Speaker, -
CRITICISM FOR THAT. THE ONLY INCONSISTENCY DEMOCRATS WOULD POINT OUT IS THAT HE VOTED AGAINST THE STIMULUS PLAN. BUT THEN SAW MONEY FROM THAT PROGRAM....
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| 00:04:11 |
Unidentified Speaker, -
CHAIRMAN COMMENT HE HAS BEEN ANY THE IN THESE BIG
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| 00:04:14 |
Unidentified Speaker, -
ISSUES ON MEDICARE, A TRADE. HE WAS A FORMER STAFFER FOR THE SENATOR BROWN BACK. HE KNOWS THESE ISSUES. HE IS ONLY 42. HE CAN TALK AT LENGTH ABOUT SOME...
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| 00:04:35 |
Unidentified Speaker, -
PACKAGE AND WHY THIS HAS BECOME SUCH A BIG PART OF THE REPUBLICAN CAMPAIGN. >> THE BIG PIECE OF IT IS MEDICARE REFORM. HE WANTS TO MAKE IT MORE PRIVATIZATION,...
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| 00:04:49 |
Unidentified Speaker, -
WITH TRADITIONAL MEDICARE. THE BUDGET PLAN ALSO HAS CAPS ON SOCIAL SERVICE PROGRAMS. ON THE MEDICARE PLAN, HE TOOK A LOT OF HEAT IN 2011 FOR THAT MEDICARE...
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| 00:05:52 |
Unidentified Speaker, -
THAN HALF GOES TO THESE MEDICARE, MEDICAID, SOCIAL SECURITY SUPPLEMENT. >> THEY SAY THERE IS NO WAY YOU CAN FIX THE BUDGET PROBLEM BECAUSE THE ENTITLEMENTS...
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| 00:06:06 |
Unidentified Speaker, -
DEFENSE IS WELL OVER A QUARTER OF THE BUDGET. THERE IS ALSO NOT DISCRETIONARY SPENDING. IF YOU LOOK AT THE CHARGE THE CBO PUTS OUT, THE BULK OF THE SPENDING...
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| 00:06:45 |
Unidentified Speaker, -
AIDE. HE TALKED ABOUT THE BUDGET PROCESS. >> I WOULD LIKE TO GO BACK TO THE FIRST CALLER STATEMENT READ THIS BUDGET DEBATE, WHAT IS THIS ABOUT?
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| 00:06:59 |
Unidentified Speaker, -
THIS IS EVOLVING INTO A FUNDAMENTAL DIFFERENCE BETWEEN THE TWO PARTIES. THE REPUBLICANS, WE SAY WE HAVE TO BUDGET THE -- BALANCE THE BUDGET. IT IS INTERESTING...
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| 00:08:00 |
Unidentified Speaker, -
GURU.
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| 00:08:02 |
Unidentified Speaker, -
ATTACKING THE SITTING PRESIDENT AS A STAFFER. YOU DO NOT SEE THAT VERY OFTEN. A LOT OF PEOPLE KNOW PAUL RYAN KNEW HE WAS GOING TO SEND UP THE RANKS OF...
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| 00:08:27 |
Unidentified Speaker, -
PAUL RYAN IS A POLICY WONK, A SMART POLITICIAN AND HEIDI ID -- A HIGHLY IDEOLOGICAL. HUSSY OF BALD OR HAS THERE BEEN -- HAS SEE INVOLVED -- HAS HE EVOLVED?...
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| 00:09:02 |
Unidentified Speaker, -
LOT OF MOVEMENT. HE HAS ALWAYS STRESSED THE SAME SET OF ISSUES. HE HAS ALWAYS TALKED IN THE SAME RHETORICAL TERMS ABOUT PARTY THINKS THE REPUBLICAN PARTY...
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| 00:09:29 |
Unidentified Speaker, -
HE IS AN EARNEST YOUNG MAN WHO GRAVITATED
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| 00:09:37 |
Unidentified Speaker, -
TOWARDS -- AS HE GOT INTO COLLEGE, HE DID NOT COME FROM A SUPER POLITICAL FAMILY. HIS FATHER WAS A FAN OF RONALD REAGAN, BUT NOT REALLY POLITICAL. HE...
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| 00:10:45 |
Unidentified Speaker, -
HE DOES NOT LIKE TO APPLE LENGTH ABOUT POLITICAL ISSUES AS MUCH AS A POLICY WONK ISSUES. HE HAS JUST BEEN PICKED AS VICE PRESIDENT. HOW DO YOU THINK...
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| 00:11:11 |
Unidentified Speaker, -
GOOD POLITICIAN WHO DOES HAVE SOME POLITICAL ACUMEN. I HAVE HAD CONVERSATIONS WITH HIM OVER THE YEARS WHERE THE CONVERSATION WILL DRIFT OVER POLITICS....
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| 00:12:12 |
Unidentified Speaker, -
WELL AS A POLICY DOCUMENT. >> HE HAS A CERTAIN ECONOMIC ORIENTATION. HE WANTED TO BECOME AN ECONOMIST, NEVER GETTING
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| 00:12:23 |
Unidentified Speaker, -
THERE. WHEN HE GOT TO WASHINGTON, THAT WAS HIS POLICY INTERESTS. HE SAW THE POTENTIAL TO TURN THE LEADERSHIP ON THE BUDGET COMMITTEE, WHETHER IT WAS RANKING...
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| 00:13:20 |
Unidentified Speaker, -
OF 2009, PAUL RYAN WAS THE RANKING REPUBLICAN ON THE HOUSE BUDGET COMMITTEE. HE JOINED US TO TALK ABOUT THE BUDGET PROCESS. >> WE'RE GOING TO PASS THE...
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| 00:13:37 |
Unidentified Speaker, -
RESOLUTION. THURSDAY, THE PRESIDENT SENT HIS ABBREVIATED VERSION OF THE BUDGET. OUR TIMELINE IS TO GET THIS DONE IN THE FIRST WEEK OF APRIL. WE GET THAT...
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| 00:15:08 |
Unidentified Speaker, -
HE IS RESPECTED ON BOTH SIDES OF THE AISLE. CRISS AND
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| 00:15:16 |
Unidentified Speaker, -
HOLLAND AND HIM GET ALONG VERY WELL -- CHRIS VAN HOLLAND AND HANDED ALONG VERY WELL. HE IS RESPECTED SO MUCH THAT THERE HAS BEEN TALK OF THEM MAKING A...
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| 00:15:54 |
Unidentified Speaker, -
ALREADY. WHAT I THINK WE WILL SEE DOWN THE STRETCH
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| 00:16:00 |
Unidentified Speaker, -
IS SOCIAL SECURITY REFORM. YOU GO BACK TO 2005, THAT THE BILL DID NOT GO ANYWHERE. THAT BILL, THE MAIN SPONSOR WAS PAUL RYAN. HE WAS TAKING ON A BIG...
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| 00:16:50 |
Unidentified Speaker, -
THE YEARS FROM THE "WASHINGTON JOURNAL TO HIS POLICY SPEECHES, ALL PART OF C-SPAN'S A VIDEO LIBRARY. ONE OF THOSE EVENTS CAME IN CHICAGO AT THE ECONOMIC...
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| 00:17:17 |
Unidentified Speaker, -
OUR BUDGET MAKES NO CHANGES TO THOSE IN OR NEAR RETIREMENT. IT OFFERS FUTURE GENERATIONS IS STRENGTHENED MEDICARE PROGRAM THAT THEY CAN COUNT ON WOULD...
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| 00:22:35 |
Unidentified Speaker, -
ECONOMIC CLUB FOCUSING ON MEDICARE, ONE OF THE KEY ISSUES IN THIS ELECTION. WE'RE LOOKING BACK AT THE VIDEO LIBRARY. ALL THIS IS AVAILABLE TO YOU AT...
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| 00:23:04 |
Unidentified Speaker, -
RAISE TAXES, CUT BENEFITS, OR IN LESS AND BORROW MORE MONEY. THERE ARE TWO WAYS TO GROW THE RATE OF RETURN. HAVE THE GOVERNMENT INVEST THE MONEY, OR HAVE...
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| 00:24:44 |
Unidentified Speaker, -
INVEST SEPARATELY AND YOU GET A STREET FOR THE MARKET GOES DOWN? >> UNDER MY PLAN, I HAVE A SAFETY NET. WE SHOULD HAVE AND MAINTAIN THE SOCIAL SECURITY...
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| 00:24:57 |
Unidentified Speaker, -
NO RISK PLAN. >> IF YOU ARE UNDER 55, YOU'LL GET WHAT YOU WOULD HAVE OTHERWISE GONE FROM
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| 00:25:09 |
Unidentified Speaker, -
SOCIAL SECURITY. HOW YOU GUARD
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| 00:25:13 |
Unidentified Speaker, -
AGAINST -- THAT IS WHY WE PROPOSED A LIFE CYCLE ACCOUNT. IT CHANGES YOUR PORTFOLIO AS YOU GROW OLDER. WHEN YOU ARE YOUNGER, YOU WILL HAVE A MIX OF HEAVY...
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| 00:26:43 |
Unidentified Speaker, -
PERSONAL RETIREMENT ACCOUNTS HELP US CHOOSE SOLVENCY -- ACHIEVE SOLVENCY.
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| 00:26:55 |
Unidentified Speaker, -
IF SUSAN, YOU TAKE A PORTION OF YOUR PAYROLL TAXES. THAT PORTION YOU ARE DIVERTING OVER TO YOUR PERSONAL RETIREMENT ACCOUNT, THE GOVERNMENT IS NOT GOING...
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| 00:27:54 |
Unidentified Speaker, -
THAT FUND, THE SAFETY NETS IS COMPLETELY PAID FOR.
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| 00:28:01 |
Unidentified Speaker, -
WE CAN GO INTO THE FINANCING PART OF ALL THESE THINGS, BUT RIGHT NOW, OVER THE LONG TERM, WE FACE A $12 TRILLION DEBT ON SOCIAL SECURITY. >> FROM MARCH...
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| 00:28:30 |
Unidentified Speaker, -
THIS BUDGET PLAN. EARLIER, WE HEARD HIS COMMENTS ABOUT MEDICARE. IT WAS LAST YEAR WHEN HE BECAME A CHAIR OF THE HOUSE BUDGET COMMITTEE. HE OUTLINED...
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| 00:29:01 |
Unidentified Speaker, -
THIS IS THE PATH THE PRESIDENT'S BUDGET IS COMPLICITY WITH. THE SIZE OF OUR GOVERNMENT IS DOUBLE BY THE TIME MY KIDS ARE MY AGE. HERE IS THE SPENDING...
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| 00:35:27 |
Unidentified Speaker, -
THIS SHOWS YOU HOW DEEP OF A HOLE THIS COUNTRY IS THEN. -- IS IN.
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| 00:35:52 |
Unidentified Speaker, -
WHAT MATTERS THE MOST IS WE GET THIS CONTAINED. THIS SHOWS YOU THE SOONER YOU ACT TO FIX THIS PROBLEM, THE BETTER EVERYBODY IS. THE KINDS OF REFORMS...
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| 00:36:55 |
Unidentified Speaker, -
YOU LOSE JOBS, YOU LOSE ECONOMIC GROWTH. WE NEED SPENDING CUTS AND ECONOMIC GROWTH. RAISE TAXES ON THE ECONOMY, YOU DO NOT GET THE GROWTH. WE ARE NOW...
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| 00:37:45 |
Unidentified Speaker, -
FROM THE "WASHINGTON JOURNAL, HIS SPEECHES IN WASHINGTON AND ELSEWHERE IN THE COUNTRY, NOW ON THE CAMPAIGN TRAIL. HE MADE HIS FIRST APPEARANCE IN 1995...
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.