65. By 2030 that number will have grown by 30 million. And by 2050, that number will have grown by 40 million. So as you can see, the percentage of the old old as you in the orange and yellow boxes in this chart grows very quickly. Again, if you think back to the chart in terms of the amount of per capita spending that increases as people age you see we are looking at a growing number of individuals who, in fact, will be the most expensive portion of the Medicare Program. At the same time we have fewer young people coming in and we have fewer people that are paying payroll taxes to essentially support the program. And, of course, among those who are the most costly and juliet touched on this issue, are those who are dual ebl jiblligible. But Rising Health care costs is also an issue for the beneficiary. As juliet pointed out, as a population theyre not all living in palm beach. They are relatively low income population. Health status and chronic conditions are also significant drivers
The presiding officer are there any members wishing to vote or dhaing their vote . If not, on this can yeas are 99, the nays are zero. Threefifths of the senators duly chosen and sworn having vote fed the affirmative, the motion is agreed to. A senator mr. President . The presiding officer the senator from oklahoma. Mr. Coburn i wanted to spend a little bit of Time Offering a viewpoint different than the chairman of the committee on this bill. First of all, i want to say by context, my father and two brothers served in world war ii, my brothers during the vietnam era. There is no question we have an obligation to meet our commitments to those that have put their life and future on the line for this country. But it pains me that although weve increased spending 58 in the v. A. Program since 2009, which is fiscal 2010, what we have seen is a complete lack of oversight of whats happening. Let me give you an example. The v. A. Community in the Senate Committee in the Senate Last Year held
Of it. We have had the Supreme Court rulings, but the federal Election Commission has issued regulations that basically have narrowed disclosure to a level that is almost absurdly impossible to meet. People giving money specifically for an advertisement. I know that you see it as a vote best the federal Election Commission. Youre a very litigious guy. And repeated instances you have and judges have rebuffed those regulations. But in this particular case the District Court judges so and then the panel of the d. C. Circuit sent it back. Did you talk for just a couple of minutes about the destruction of the federal Election Commission and its role in the problems that we had but also the state of play in that particular and let me start with the latter. You are right best, we essentially won the case at the District Court level. On appeal the court actually found against us in part but then sent the case back to the federal District Court level to look at the other piece of the case. In f
Employers can do. Its critical whatever ideas come out need to be extremely appropriate for Small Businesses. Because for hispanics, were we are more likely to work for smawses Small Businesses that have less than 100 employees. They are less likely to offer a retirement plan. Thats because the industry has not offered products that are relevant to small employers who have lowincome workers. So we need new why why the ideas. Its important make sure that businesses not be burdened financially or with liabilities and so on and so forth. They will do this. But, i mean, i think people have a moral responsibility to try to help improve the Retirement Security situation of all workers in the country. I want to point out the automatic ira also does not employers cannot provide a match. And there is a i know certainly in the president s proposal and others theres an enhanced employer startup tax credit. I think were out of time. So thank you. Thank you very much. Im going call david. You can c
Celia Daphne Rogers (née Asher) theprogress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theprogress.com Daily Mail and Mail on Sunday newspapers.