09/13/2011
https://congress.gov...
"the President's own actuaries, President Obama's handpicked actuaries confirmed that Medicare goes bankrupt in 12 years if we don't do anything."
"the Medicare system is collapsing, and unless there is some fundamental restructuring of it to change the incentives and the way it works, the system can't stand up or it will swallow up increasing am..."
"We passed a budget and our budget was actually geared at getting us back on the path to a balanced budget."
"I am kind of shocked that some of my colleagues on the other side are now claiming that when the President said this, he really didn't mean it."