The question for you is whether and how you will participate in the process of creative change. Just a few past commencement speeches from the cspan Video Library and watch more on saturday, may 27, monday, may 29, memorial day, and june 3 on cspan and cspan. Org. The House Committee took a look at the state of medicare recently. Its Payment Systems and expiring provisions. Mark miller heads up the independent agency that advices congress on policy issues affecting the federal program. He testifies. Good afternoon. The first hearing of the Health Subcommittee ways and means will come to order as members are aware, the full subcommittee organized earlier this year ratified our subcommittee assignments. Mr. Tiberi id like to introduce members on my slile and recognize Ranking Member levin to do the same on his side of the aisle. Ill introduce members who are here right now and then well recognize members as they get here later. So to my right, mr. Adrian smith from nebraska. Lynn jenkins
Minutes. E tugs in washington, d. C. , this is 50 minutes. Tugs d. C. , this is 50 minutes. Tugs i d. C. , this is 50 minutes. In wa, this is 50 minutes. Okay, now we will talk about education, which is at least more commonly thought of as investment in human cal tap and shouldnt be as controversial and something we will hear a lot about politically in the coming months and years and so we welcome sarah turner who again has written a paper on us that is posted on our website. University f virginia. So thank you very much. Sarah . Iof virginia. So thank you very much. Sarah . F virginia. So thank you very much. Sarah . F virginia. So thank you very much. Sarah . Of virginia. So thank you very much. Sarah . F virginia. So thank you very much. Sarah . Virginia. So thank you very much. Sarah . Okay, let me get started. As everyone is coming in to sit down. First, we need to thank david and louise and kerry who just together a Wonderful Program and theyve been good at nudging various people
Now were going to talk about education, which is at least more commonly thought of as investment in Human Capital and shouldnt be as controversial and something well hear a lot about politically in coming months and years. We welcome sarah turner who has written paper which is posted on our website, university of virginia. Thank you very much. Sarah . Okay, let me get started. As everyone is coming in to sit down. First, we need to thank david and louise and kerry who just together a Wonderful Program and theyve been good at nudging various people to do what they should on time. So i want to just start out with general comment and turn to specifics. First off, education is an excellent investment. Both for individuals and for society. I think we can i want to make this case in terms of an efficiency argument. Okay. Failure to close the gaps which are really big and growing in Educational Attainment is likely to both hinder Economic Growth and increase the burden on taxpayers over the l
[ room noise ] the committee will come to order. Today, this is the time and place for the hearing to offer some alterations and advice and consent process as required by the constitution for mrs. Linda mcmahon to head the sba. Linda, thank you so much for being here. And we have senators blumenthal and murphy to introduce mrs. Mcmahon. And both of these gentlemen have run against mrs. Mcmahon and vice versa. So i hope they i hope they didnt bring their files on weve been trying to forget, mr. Chairman. In any event, senator blumenthal, the floor is yours. And thank you so much for gracing us with your presence. Thanks, mr. Chairman. Thanks to you and Ranking Member senator shaheen. I am pleased to join my colleague in introducing our fellow resident of connecticut Linda Mcmahon. We know her as a fellow citizen of connecticut, but also as a successful business leader, as the cofounder and former ceo of the wwe. And also as a contributor very generously to many significant philanthropic
Sara. Okay. Let me get started as everybody is coming in to sit down and make sure first we need to really thank david and carrie have put together a Wonderful Program and theyve been good at nudging people to do what they should on time. I want to just start out with some general comments and then turn to specifics. So first off, education is an excellent investment, both for individuals and for society. I think we can i want to make this case in terms of an efficiency argument. Failure to close the gaps, which are really big and growing in Educational Attainment is likely to both hinder Economic Growth and also increase the burden on tax payers over the long term. I think there are just two big takeaways from this first. Money matters enormously in education, but thats a necessary, not a sufficient condition. Secondly funding really needs to be matched to a commitment to accountability and in the education space innovation. The federal government has a big role here. Okay. That said,