A rousing debate on the social insurance cuts proposed by the President. One thing: the clock ran out as Joe Antos and I were squabbling about whether cuts to Medicare, largely on the delivery side–bundled payments, bargaining for lower drug costs, etc.–were in the President’s budget. I said yes, he said no. I still say yes. See section starting on page 37, though you might want to climb into bed first because this stuff can be a touch soporific.