Steven Greenhut,  Editor in Chief of CalWatchdog.com and author of the new book, Plunder! How Public Employee Unions are Raiding Treasuries, Controlling Our Lives and Bankrupting the Nation sat down with Reason.tv's Ted Balaker to discuss the widening gap between public and private sector employment.

On January 20, New York Times quoted President Obama, trying to rescue his health bill, stressing the need for “some kind of cost containment because if we don’t, then our budgets are going to blow up…”

White House adviser David Axelrod told ABC News that the president wants to focus on "extending the life of Medicare" through cutting payments to providers.