We are going to do something really daring tonight, and we will see if it actually works. We are going to use some boards, some math, that I haven't even seen the final numbers on. We were working on them over the weekend in regard to President Biden's State of the Union and then with them dropping their budget. We are trying to make the math work, which seems to be the routine here. I have a lot of boards. The theme is really simple on a couple of conceptual levels. The President basically said: Hey, the Medicare trust fund, we are going to do something about it. Great. Seven years or so from now, the Medicare trust fund is empty. We often refer to it as part A. There are actually a couple of slivers of it. It is about a third. It is just the hospital portion. The rest comes out of the general fund. Did you notice how the President stood right there and basically said you are not allowed to talk about Social Security, not allowed to talk about reforming it, and not allowed to talk about the fact that in 8 or 9 years, it is gone? The amount of that dwarfs dramatically the scale of the shortfall of Medicare. Understand, you have the transportation trust fund that is going empty, and you have Medicare part A. Then, the big kahuna is Social Security. Those all happen within the next 9 years. The intense frustration of the President's speech is that it was a campaign speech. In talking to the voters out there, I would ask: Are you for sale?…
David Schweikert: “We are going to do something really daring tonight, and we will see if it actually works. We are going to use some…”
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