Romney's "drastic" actions

Mitt Romney is making a number of budget proposals. He wants to slash federal spending by $500 billion his first year, including privatizing part of Medicare, cut Amtrak, the National Endowment for the Arts, the Endowment for the Humanities and the Corporation for Public Broadcasting. Foreign aid would lose $100 million. Repeal Obamacare. Seniors would get vouchers to purchase their own health insurance.