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Santorum: ‘Most seniors’ should be thrown off Medicare, today

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Former Sen. Rick Santorum (R-PA), an ultra-conservative who believes Social Security is dying because of legal abortion, said recently that he feels the Republican budget does not go far enough in restricting medical care for senior citizens.

Unlike Rep. Paul Ryan and the GOP leadership, which has excluded today’s seniors from their plan to destroy Medicare, Santorum wants “most” kicked off the program, and he said so in a recent interview with Fox News conservative opinion host Sean Hannity.

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President Obama has said the Republican plan to privatize Medicare is essentially a death knell for the hugely popular public health program, which would be done away with and converted into a voucher program that provides a small stipend for health costs.

The Congressional Budget Office said the Republican plan would increase medical costs for seniors by at least 25 percent over the next 20 years.

In a recent poll, most Republican voters said they wanted Medicare left alone.

Santorum has said he is likely running for president in 2012.

This audio is from The Sean Hannity Show, broadcast April 15, 2011, as snipped by Think Progress.

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White House chief of staff Mick Mulvaney caught on tape saying US is ‘desperate’

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White House Chief of Staff Mick Mulvaney was caught on tape admitting that, despite President Donald Trump's policy preferences, the United States is "desperate" for more immigrants, according to a recording obtained by the Washington Post.

He further undermined the administration's claims of its economic prowess, admitting that immigration is necessary for sustained economic growth.

"We are desperate — desperate — for more people," Mulvaney said, according to the post, stressing that it should be legal. "We are running out of people to fuel the economic growth that we've had in our nation over the last four years. We need more immigrants."

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Death of Prince heir complicates estate settlement even more

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MINNEAPOLIS — The death of Prince’s brother Alfred Jackson, along with his contested will, are raising new questions in the endlessly complicated efforts to settle the legendary musician’s estate, including whether a California man with a reputation for cozying up to celebrities will end up with one-sixth of Prince’s riches.Jackson, one of six sibling heirs to a fortune worth at least $100 million, sold 90% of his Prince estate rights last year to Primary Wave, a well-funded and growing entertainment company that invests in music publishing and recording rights. Prince’s sister Tyka Nelson als... (more…)

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Berkshire Hathaway ready for aging Buffett to go, he says

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Octogenarian billionaire Warren Buffett assured shareholders on Saturday that his Berkshire Hathaway empire, with holdings in major American firms, is ready for him and his longtime partner Charlie Munger, 96, to go.

But he did not name a successor.

Dubbed the "Oracle of Omaha," Buffett is known for his track record of brilliant investing but also for his folksy and humble persona, as well as his philanthropy.

"Charlie and I long ago entered the urgent zone," Buffett, 89, quipped in his annual letter to shareholders.

"That's not exactly great news for us. But Berkshire shareholders need not worry: Your company is 100 percent prepared for our departure."

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