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(Studio: Barry Serafin) Senator reported extending Medicare benefits. Debate over government spending for elderly versus government spending for children examined. ["Washington Monthly" editor Charlie PETERS - says government is giving Social Security to people who don't need it.] [Carter administration domestic policy advisor Stuart EIZENSTAT - says new money should be put at beginning of life.] Obligation to both young and elderly discussed. [Representative Henry WAXMAN - discusses long- term care needs for elderly; explains political organization of elderly.] [EIZENSTAT - says there is no lobby for children.] [University of California at San Francisco Institution for Health and Aging spokesperson Carroll ESTES - says trade-off is not between young and old, but is in budget allocations.]
- Serafin, Barry
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