RUSH TRANSCRIPT Let s ░░░░░░░░ this and bring in ░░░░░░░░ author of the proposal ░░░░░░░░ Study Committee chairman the ░░░░░░░░ from Oklahoma with congressman ░░░░░░░░ hearn joins us now ░░░░░░░░ sounds like a great ░░░░░░░░ but what kind of ░░░░░░░░ are you getting in ░░░░░░░░ house on this new ░░░░░░░░ that will balance the ░░░░░░░░ and what seven years ░░░░░░░░ will and thanks for ░░░░░░░░ me I appreciate it ░░░░░░░░ budget is for all ░░░░░░░░ about getting fiscal house ░░░░░░░░ order You know how ░░░░░░░░ it is for people ░░░░░░░░ look at cutting spending ░░░░░░░░ everybody likes spending on ░░░░░░░░ sides of the aisle ░░░░░░░░ we also know in ░░░░░░░░ next 10 years if ░░░░░░░░ do nothing Social Security ░░░░░░░░ Medicare will be cut ░░░░░░░░ average 23 across the ░░░░░░░░ so the president s ░░░░░░░░ is to do nothing ░░░░░░░░ have cut occur in ░░░░░░░░ wee hours of the ░░░░░░░░ and borrow money from ░░░░░░░░ What we are saying ░░░░░░░░ we know this happening ░░░░░░░░ from the political standpoint ░░░░░░░░ the outside groups evil ░░░░░░░░ looking at this from ░░░░░░░░ looking at this saying ░░░░░░░░ have to do something ░░░░░░░░ what we have decided ░░░░░░░░ do is look at ░░░░░░░░ as we always have ░░░░░░░░ do what President Reagan ░░░░░░░░ in Social Security and ░░░░░░░░ what President Clinton did ░░░░░░░░ Medicare and get it ░░░░░░░░ it lasts and keeps ░░░░░░░░ we made to seniors ░░░░░░░░ those near retirement so ░░░░░░░░ have what they have ░░░░░░░░ their entire life they ░░░░░░░░ be secure and that ░░░░░░░░ what the budget does ░░░░░░░░ didn t want to ░░░░░░░░ away one of the ░░░░░░░░ nuggets in this plan ░░░░░░░░ to raise the retirement ░░░░░░░░ to 69 for those ░░░░░░░░ 62 and 2023 bold ░░░░░░░░ Can you get the ░░░░░░░░ party of the GOP ░░░░░░░░ board with it and ░░░░░░░░ over some Democrats As ░░░░░░░░ said this is a ░░░░░░░░ and what always said ░░░░░░░░ your values and what ░░░░░░░░ are talking about is ░░░░░░░░ Social Security and Medicare ░░░░░░░░ those near retirement or ░░░░░░░░ retirement we will not ░░░░░░░░ that and what it ░░░░░░░░ about is those less ░░░░░░░░ 59 57 58 where ░░░░░░░░ grows three months a ░░░░░░░░ two months a year ░░░░░░░░ the remainder of that ░░░░░░░░ so it is a ░░░░░░░░ phase and the same ░░░░░░░░ Ronald Reagan did to ░░░░░░░░ Social Security and move ░░░░░░░░ years down the road ░░░░░░░░ that s what we ░░░░░░░░ to do is do ░░░░░░░░ Ronald Reagan plan Bill ░░░░░░░░ plan to save Medicare ░░░░░░░░ make sure it moves ░░░░░░░░ the road so we ░░░░░░░░ this and stop talking ░░░░░░░░ it it shouldn t ░░░░░░░░ politicized You heard Sean ░░░░░░░░ Iran it is sad ░░░░░░░░ we should do this ░░░░░░░░ a bipartisan way The ░░░░░░░░ and Republicans alike should ░░░░░░░░ to save Social Security ░░░░░░░░ Medicare for seniors Americans ░░░░░░░░ living longer and it ░░░░░░░░ important to tell those ░░░░░░░░ retire in 2033 turning ░░░░░░░░ that if we don ░░░░░░░░ do anything don t ░░░░░░░░ retirement age you may ░░░░░░░░ nothing or a fraction ░░░░░░░░ what you were promised ░░░░░░░░ you want to take ░░░░░░░░ deal where it will ░░░░░░░░ preserved and did protective ░░░░░░░░ might get it later ░░░░░░░░ you will get what ░░░░░░░░ bargained for or the ░░░░░░░░ Biden plan for you ░░░░░░░░ nothing and risk losing ░░░░░░░░ One of the problems ░░░░░░░░ have is people working ░░░░░░░░ than in modern history ░░░░░░░░ we have a participation ░░░░░░░░ around 60 we need ░░░░░░░░ Americans in the workforce ░░░░░░░░ these plans and programs ░░░░░░░░ payroll taxes we don ░░░░░░░░ need to raise the ░░░░░░░░ of payroll taxes that ░░░░░░░░ the Democrats plan raise ░░░░░░░░ taxes and take upwards ░░░░░░░░ doubling the payroll taxes ░░░░░░░░ and employees pay but ░░░░░░░░ doesn t structurally ask ░░░░░░░░ problem What we are ░░░░░░░░ about is getting more ░░░░░░░░ in the workforce with ░░░░░░░░ payroll taxes they are ░░░░░░░░ independence of having a ░░░░░░░░ and receiving a payroll ░░░░░░░░ what s happening is ░░░░░░░░ byproduct more payroll taxes ░░░░░░░░ going into Social Security ░░░░░░░░ Medicare so the programs ░░░░░░░░ preserved and linked in ░░░░░░░░ out there for assurance ░░░░░░░░ those paying in in ░░░░░░░░ entire life Along with ░░░░░░░░ jobs the bill creates ░░░░░░░░ secures our border and ░░░░░░░░ security as well Also ░░░░░░░░ security What Americans are ░░░░░░░░ about across America talking ░░░░░░░░ inflation You alluded to ░░░░░░░░ before this episode and ░░░░░░░░ s going on is ░░░░░░░░ spending so we got ░░░░░░░░ cut the spending and ░░░░░░░░ back to balance budget ░░░░░░░░ we can reset this ░░░░░░░░ American experiment called United ░░░░░░░░ of America and that ░░░░░░░░ what s really important ░░░░░░░░ demonstrate to the world ░░░░░░░░ can do it Chair ░░░░░░░░ the study committee putting ░░░░░░░░ bold plans to fix ░░░░░░░░ s problems thanks for ░░░░░░░░ us today Great to ░░░░░░░░ with you.