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-- top Republican senator is now saying that he is encouraged by president Obama's budget proposal.
Obama set to unveil that plan to congress tomorrow.
Senator Lindsey Graham saying quote there are some nuggets of this bill that I think are optimistic -- asking himself senator.
Lindsay joins me now -- -- on the appropriations an armed services committees senator Graham welcome good to have you here.
Good morning so.
The president's plan that from what we know I would cut two trillion.
But it would also -- change and put in some entitlement changes in Social Security you think there's an opening here potentially -- -- other grand bargain.
-- what we've got to remember that.
Budget the president as a whole as a tax and spend -- did that document as a -- is going nowhere but within this budget he embraces.
Chain CPI basically -- calculating the benefit formula for -- security.
And Medicare which will save a lot of money over the next thirty years in the left is going nuts I want to compliment the president.
For embracing that changes recommended -- Bowles Simpson just about every bipartisan group is serious about budget reform and he did some things on the Medicare front.
That are small steps toward -- kind of reform.
You say that you know this plan could have I'm paraphrasing you but couldn't get a guy like -- -- to look at at the possibility.
I'm increasing revenues didn't -- we already did that with -- with the tax hikes.
Yeah we -- we had 600 billion dollars of revenues increased at the fiscal cliff today.
What I am looking for is to save Medicare and social security -- the country.
From -- -- -- Medicare and Medicaid that 2043 Martha.
Well require 18% of GDP to be funded we now collecting 16% of GDP in taxes.
So about 2043 goes to program -- take up all the revenue would generating.
So you've got to change and and you got to save them.
So what I'm looking for from the present is less harmonize the retirement age.
For Medicare would that have Social Security adjusted from 65 to 67.
Or about a 25 -- thirty year period.
Means test Medicare and Social Security people my income level should be paying more into Medicare and recalculate and -- security.
I'm -- -- -- -- -- for an argument that that's idea you know if you want to increase revenues from people who are more well off right.
Why wouldn't that be why wouldn't that be an issue that you can embrace and asked so many Democrats this question I would ask the president -- -- if I had the chance.
You know why wouldn't that be a way to get new revenue that you would like.
Listen to this if you make over 250000.
Dollars a year.
Outside of Social Security.
Under Medicare part.
108 dollar -- -- substance.
That's ridiculous I should be paying that -- eight dollars a month.
And -- I he do that among the population as a whole.
That saves a lot of money that's the way to get wealthy people to contribute you don't wanna raise tax rates how would let the tax code eliminate deductions by down tax rates.
And pay some debt if he will do serious entitlement reform so this is a small step in the right direction -- to our friends on the left.
If you don't embrace reform and social security and Medicare they're gonna down time don't go bankrupt in everybody's gonna lose.
-- -- let's take a look at this immigration plan because what we're hearing is -- the eight people who are getting together to try to make this immigration reform happen wanna come up with something that's still iron -- That all jaded view.
Would agree that no changes could be made to it.
Now that's sounds like you're not gonna let the rest of the folks on Capitol Hill.
Have any part of that -- and.
Well I've been is to lay out on -- high you can write a bill like that -- surely wouldn't do -- what we're gonna do this come out with a roadmap we think that will regain our sovereignty.
Practically deal with the eleven million -- Secure our border control who gets the job we've lost our summer -- Every country on the planet should have the right to determine who comes in the country and -- -- sort of an affair how do you secure the border senator and that -- well.
They're nine sectors.
Of our border.
Six of them are at 90% above in terms of -- -- spend more money.
You put new technology.
But the reason we have eleven million illegal immigrants that come here to get a job.
So you gotta have interior enforcement -- secure the border.
You control visa overstays 40% of people are legally Martha.
Never came across the border they overstayed their visa half and we did a good job fixing that but.
It's about getting a job -- I have an.
So every employer can determine the person in front on is really here legally or not in if you -- an illegal after that.
You don't lose your business that's -- you -- -- the border.
CNN that -- the latest salvo in this as far as I can -- is that it's gonna cost too much and I'm hearing that from people on the right.
And people on the left Jim -- former senator came out said he thinks is hoping is too expensive to secure the border now that may be just a -- as you know try to have.
Torpedoes and what he sees as his immigration posse that is like the whole thank you but also on the last same thing I'll be -- to -- too expensive to do that.
Let me tell you what does it work to secure that border are a lot to me we've already spent eighteen billion.
Since 2006 we'll spend some more money we're gonna spend it wisely it's about controlling jobs controlling the border having a guest worker program so you can.
Access legal work -- legal workforce when you can't find people here to do the job at a competitive.
Wage but at the end of the day I think immigration reform is going to help the economy.
There -- some reports coming out next week that would show if you legalize this workforce they pay taxes they live within allowing contribute rather than live in the shadow.
A lot of help pay your taxes anyway and now they pay taxes anyway -- they can't get the money back out again right.
Well I think -- some of them -- -- taxes that most them are paid under the table.
And we need to get that done we need to fix that we need them all out of the shadows.
-- magically get a fact they need to learn to -- English language as a condition of staying here.
They need to pay a fine for the law they broke they need to pay their taxes.
And employers need to document who's here and take out taxes they need to be part of the solution.
Not -- the problem and I think we have a way to do that I think immigration reform will help our economy if we do it right.
All right that bad -- get a lot of attention this morning senator Graham thank you very much always good to -- -- thank you.
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