Friday, December 07, 2012

ECONOMY - 'Fiscal Fix' and Medicare, Social Security

"An Argument Against Seeking Fiscal Fix in Cuts to Medicare and Social Security" PBS Newshour 12/6/2012

Excerpt

JUDY WOODRUFF (Newshour): Now to our continuing series of conversations about what's at stake in the battle over taxes, government spending and debt.

Last night, we heard from Republican Sen. Bob Corker. Tonight, we get a different perspective on the question of so-called entitlements.

Many lawmakers and economists have argued that it's essential to make big changes in Medicare and Social Security. Among those ideas are raising the eligibility age, means-testing for wealthy recipients, cuts in spending and benefits, and a bigger role for private competition in health care.

Max Richtman has been arguing against making many of these changes as part of this fight. He's the president of an advocacy group, the National Committee to Preserve Social Security and Medicare.

And he joins us now.

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