But I tell you what, I believe the President is serious about solving these problems. When he starts stating publicly what he said privately. For example, he described the problem in Medicare is that Americans pay $1 into Medicare and get $3 out in benefits. That's a huge problem. He further went on to say that Americans don't understand that. So what President Obama needs to do. And here's the first act of bipartisanship, Greg. (05:01–05:09)
CLAIM
Asserts that the Medicare system provides $3 in benefits for every $1 paid by Americans.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.