Down Prescription Drug prices. The witnesses at the hearing, representatives of the pharmaceutical industry and advocates for patients. Good morning, everyone. The Sub Committee on health will now come to order. The chair now recognizes for five minutes for an opening statement. Last week our Sub Committee held a hearing to essentially follow the money in the drug supply chain. We came away with much valuable information, but we also found there are many secrets. Secret decisions about how drugs are priced. Secret deals between Drug Companies and the pbms and secret agreements between pbms and insurers. Today were considering seven bipartisan bills that essentially unmask the secrets, that secret process, and ensure that low income seniors can afford their medications and build on the drug pricing package passed by the house last week. The first and very important bill ensures that seniors can afford their drugs. Representatives cunningham and bill araukus introduced a creating lower c
The house of representatives and shared in many cases with many different senators has been stopped by harry reid. Unless you stop him, the same thing is going to go on. Because the president has indicated this is a referendum on his policies and his programs nd his legacy. If you look at his legacy, you will see this guy is a liberal democrat. I dont know you cant come clean about it and just be proud that you are a liberal democrat. The senate suggested i voted for harry reid. I want everyone to know, i didnt commit voter fraud. I didnt go to nevada and vote in that election. The senator also talks about contributions. Some of the contributions hes failed to talk about are my contributions to republicans. I actually gave money to scott brown in massachusetts in 2010 precisely because he was the vote that was supposed to prevent the Affordable Care act from becoming law. Thats why i made that contribution. Ive said from the beginning that i think the Affordable Care act expanded a pro
Only do you get great interns and apprentices but you get great hires and people who know your business. We also know that if you start earlier with pathways this is work we are doing at the Aspin Institute in 21 urban, rural and tribal communities, that you also bring in those hard skills. We use the term soft skiills. These are difficult and important skills. You bring those together with support services that you have much Better Outcomes at the end. So i think were getting to a point now where people recognize the imperative. We know more about whats needed. Were moving further and faster and now we are also applying evidence, the type that urban alliance is doing with the urban institute, other programs around the country that we can talk about. So were Getting Better evidence. We can apply it to the programs. We have continuous learning. We are doing this across sector. But one of the things i will say and am so proud we are here at the chamber doing this, it was so wonderful to
Investors and they say next year is likely to be like this year. That might lead to disappointment by investors. Lets see if nestle has opened. This is b. N. P. Paribas. We spoke to the c. E. O. Earlier on. Frances largest bank saying that it had a surprise drop in Fourth Quarter profits. They missed analyst estimates. Down 3. 7 . This is after it set aside more than 1 billion, basically subject to u. S. Economic sanctions. We have a lot of earnings. We have a forecast from china under export growth. We have the deal. What else are we watching . Larry fink. Says that a buying inundate emerging markets, they are going target way below what we had last year. It is the good old american consumer. Lets see last month. Flat rate on retail sales. The jobless numbers are the dominant theme on the market. You get our frort the European Central bank report from the European Central bank. Six Straight Days of gains. You know, recovery. I want to put the recovery in context. 3 billion was wiped o
We see how the luxury carmaker is luring customers with exotic test rides. Looking forward to that. First an exclusive interview with frances finance minister pierre moscovici. We spoke with him in washington dc about everything from the u. S. Debt ceiling to emerging markets. He says he is not concerned about turmoil in the letter. [indiscernible] about 0. 4 tos 0. 5 over the first quarter. I dont know what the figure will be exactly. I guess it will be around that. Now, the eurozone as well as the france economy have got off the recession. Rate is about 1 per year. It is not enough. It is better than the recession but it is not enough. We want to speed up. This is why the president launched what he called a responsibility pact with the firms, in order to give them more capacity to reduce the cost of labor, to have a better taxation for the firms, to also simplify the access to regulation, to have also a more flexible labor market. This is what we are working on. With that we will be