Significant numbers of seniors are going to wind up being worse off than prior to the (Medicare) program.

We cannot continue to have the same program that we have, ... [Medicare] is now noted more for what it does not do than what it does do.

I've written and passed laws to give Medicare beneficiaries access to life saving cancer drugs and to ensure that seniors don't have to give up the prospect of a cure when they go into hospice care.

I think the deeper we get into the APR, the better our numbers look. We had two seniors last year. Both have degrees. We have three seniors this year. All of them will graduate. Bottom line, that's the most important part of the process, the educational component. We should be held accountable for that.

If we moderate prices, it's not the research and development budgets that would be the first to go down. The profit margins, which are three to four times the profit margins of other Fortune 500 companies, they might go down somewhat -- not research and development,

These [jobless] numbers confirm everything that came out in the Fed statement. Things are going to get worse before they get better on the unemployment rate front.