Americans 85 and older, our oldest old, are the Fastest Growing segment of our population. And this is the very population that is most at risk of the multiple and interacting Health Problems that can lead to disability and a need for longterm care. At the same time, declining birthrates mean that there will be fewer Family Members and paid caregivers to care for our nations growing aging population. Today, there are approximately seven potential caregivers for each person over 80, as this chart indicates. By the year 2030, there will be only for. And by 2050, the number drops to fewer than one in three. Fewer than three. As a consequence, more people will have to rely on fewer caregivers. What does that mean . What are the implications for the quality of care that will be given . It is clear that we have to do more to support Family Caregivers and to recruit and retain a robust and competent longterm care workforce. While there is a need for both public and private financing of Longte
Overwhelmingly, and it made it with Social Security actuarially sound for the next half century. That was 1983. So, those folks knew how to get along. Chairman nelson, Ranking Member collins and members of the committee, thank you for holding this hearing. And especially for the opportunity to testify about the future of the longterm policy. The perspective that im about to share comes from my work over the past 20 years of the office of management and budget as a person responsible for the Medicaid Budget. And also the last ten or 15 years consulting to a nursing home providers and assisted living providers and working with a number of my colleagues here on the panel and ideas including the class act. I just want to start by saying as many of you have noted we spent over 200 billion but we pay for very little care. We depend on over 60 million americans to provide most of the care and they provide it on paid and they do this because most americans are not insured against the financial
But david cote will be rolling out its plan phenomenon honeywells futures to us. Good show this morning, guys. If you change the world, you have to get all spruced up. Everyone is wears coats. Spruce goose. A lot of money were going to talk about. There is. Weve got a whole becky back there, a lot of private equity guys, fat cats. It will be okay. Were going to take a look at the markets this morning before we get started. Check out the u. S. Equity futures. After that huge gain from yesterday with the dow up 127 points, you can see the futures are flat, unchanged this morning. Of course, yesterday everything happened because of the easing tensions in ukraine. Russian president Vladimir Putin said he would use force only as a last resort. They gave no sign of pulling back military forces from ukraines crimen peninsula. Yes, joe, finally, finally, finally. It was there and it pulled back. Nobody likes ukraine. But lately, the market has gotten back more than its sold off. When we have a
We put together a segment for you folks. Hope you enjoy it and find it entertaining and informational. A few moments with new York City Comptroller Eliot Spitzer. Take it away, eliot. Huge, enormous, massive, nuts, bigger, bigger, too big, thrust, it goes deeper than a that, a stick is a rhinoceros. I think hes on to something. Is that how were starting the show this morning . My god. It is wednesday wednesday, july 10th, as you look at an empty summertime square. With us on set Mike Barnicle, former Communications Director for george w. Bush and former Senior Adviser to mccain president ial campaign nicolle wallace, the former chair of the rnc Michael Steele and political analyst visiting professor at nyu, former democratic congressman from the great state of tennessee mr. Harold ford jr. Good morning, sir. Good morning. Joe and mika have the morning off. Start right there. Eliot spitzer on this program, nicole you were here, took some tough questions from joe and mika and from Mark H
The Toronto District School Board voted unanimously Wednesday to develop an anti-Islamophobia strategy, becoming the second board in Ontario to move forward with such an effort.