Eric Cantor - Millionaires' Friend - GOP Majority Leader

CANTOR: We are in a situation where we have a safety net in place in this country for people who frankly don’t need one. We have to focus on making sure we have a safety net for those who need it.
WALLACE: The Medicaid people — you’re going to cut that by $750 billion.

CANTOR:  The medicaid reductions are off the baseline. so what we’re saying is allow states to have the flexibility to deal with their populations, their indigent populations and the healthcare needs the way they know how to deal with them. Not to impose some mandate from a bureaucrat in Washington.

WALLACE: But you are giving them less money to do it.

CANTOR: In terms of the baseline, that is correct…What we’re saying is there is so much imposition of a mandate that doesn't relate to the actual quality of care. We believe if you put in place the mechanism that allow for personal choice as far as Medicare is concerned, as well as the programs in Medicaid, that we can actually get to a better resolve and do what most Americans are learning how to do, which is to do more with less.