Transcript for Raise Medicare's Eligibility Age? Obama Isn't Interested
Please clarify for me very clearly. Is the president open to raising the eligibility age from Africa now. -- The president has made clear that we don't believe that that's the right policy to take the president's make clear. In the proposals he put forward to John Boehner that John Boehner walked away from late last year that he's willing to make tough choices. With regards to entitlement reform -- that's correct. Reducing the annual cost of living increases -- -- again as part of a big deal part of a comprehensive package that reduces our deficit. And achieves that four trillion dollar goal it was sent out by so many. People in and outside of government. A number of years ago. He would consider that the hard choice it includes the circles change CPI in fact he put that on the table and his proposal. But not ended in in -- cherry -- to piecemeal way that's got to be part of a comprehensive package did. Asks the that the burden be shared that we don't have some in congress want. Ask. Seniors to bear the burden -- further deficit reduction alone or middle class families who are struggling to send their kids to college or. Parents of children who -- disabled who rely on programs. To help them get through. That's just not fair and it doesn't make economic sense because the choice would be let's do that. But hold harmless the wealthy let's do that put the burden on seniors. Us alone but not. Close loopholes in our tax code that. Are available to wealthy individuals or corporations but not to average folks are small businesses and that -- make any sense. How do you explain to a -- that we're doing this asking you -- sacrifice but we're not saying it. Corporate jet owners. Should lose their special tax incentive. When -- and oil and gas companies who. Are making record profits. Did they should forgo. These -- a huge subsidies to taxpayers provide. That's. Not fair and it's not good economics but it clearly -- beating cancer which is the president it is not our. -- overall balanced approach he does not rule out effectively reducing. Back its first security people he has put forward as -- a technical change. As part of a big deal and it's on the table that he put Florida speaker of the house speaker of the house by the way walked away from that deal -- -- that the Republicans halfway on revenues. And halfway on spending cuts and included some. -- tough decisions by the president on entitlements. The president the speaker walk away from that -- but as part of that deal with technical change in the so called CPI. Is possible in his on offer as part of a big deal.
This transcript has been automatically generated and may not be 100% accurate.