Pete Domenici: “You mentioned under the 80 percent maintenance of effort, New York would lose $500 million. I think what you meant…”

We are now talking about something different. We are talking about the ratio of debt-to-GDP.

That did not reduce any beneficiaries' benefits, it just cut the amounts that providers were otherwise getting.

Unless you fix Medicare, you cannot fix this deficit.

I am sure people are scratching their heads, as I am, wondering, why is the President not sitting down with top congressional leaders and saying, how do we avoid this, as opposed to, I am sad to say, the President does not seem very…