The subcommittee will come to order. Good morning all. Dr. Collins, welcome back to the labor hhs education appropriations subcommittee. Let me also welcome all of you, the five institute and Center Directors who are joining in this morning. Dr. Bianki, director of the u. S. Kenne kenne Kennedy Shriver National Institute and committee. Dr. Anthony fauci, director of the National Institute of allergy and infectious diseases. Dr. Gary gibbons, director of the national heart, lung and Blood Institute. Dr. Ned sharpless, director of the National Cancer institute, and director of the National Institute on drug abuse. Again, welcome, welcome, welcome to all of you. This is leader hoyer asked me this morning, he said do you have the nih coming . I said, yes, indeed. And he said, are you ultimately going to be able to get all the Institute Directors to come up. This is one of the most remarkable hearings that we have, and we thank you for the great work that you do and what a difference you ma
Raising a family has become harder and more expensive than ever before. The New York Times recently reported that based on the survey of adults between the ages of 2045 who were parents or plan to be. One in four had newer children or expected that during their life times they would have fewer children than they considered to be within the range of ideal. Economic concerns were foremost among the reasons that they either fell short or believed that in the future they would fall short of what they considered ideal. The joint economic committees social Capital Project has been documenting trends in what we refer to as our association on life as americans, that is the web of social relationships for which we as americans pursue various endeavors, our families, our communities, our friendships, our religious congregations, for example. A critical source of meaning and social capital is of course the family. In fact, it is the central set of headwaters for social connecttiveness generally.
Remained below 4 for the past 18 months. In recent years, weve seen consistently solid gdp growth and job creation. And yet not withstand the successes for many parents across this country, raising a family has become harder and more expensive than ever before. The New York Times recently surveyed adults 20 to 45 who were parents or planned to be. One in four had fewer children or expected to have fewer children than they considered ideal. Economic concerns were foremost among the reasons that they fell short or believed they would. Over the past few years, the joint economic committees social Capital Project has been documenting trends in our associational life, that is, the web of social relationships through which we pursue joint endeavors, our families, communities, workplaces, and religious congregations. A critical source of meaning and social capital is, of course, the family. In fact, it is the central set of headwaters for social connectedness generally. Thats why two of the p
The joint costs of raising a child. The hearing is over two hours. Good afternoon. Thank you for being here to join us for this hearing of the joint economic hearing committee. The American Economy is thriving. The current expansion is the longest in history. Unemployment has remained below 4 over the last 18 months. We have seen consistently solid gdp growth and job creation. , notwithstanding the successes, for many parents across this country, raising a family has become harder and more expensive. The New York Times recently reported that based on the survey adults between the ages who are parents or plan to be, they discovered interesting trends. Childrenur had fewer or expected they would have fewer children than they expected to be within the range of ideal. Economic concerns were foremost among the reasons, that they fell short or believed in the future they fell short of what they would consider ideal. These social Capital Project has documented trends in what we associationalr
Who had equally come to the same conclusion that the times story was not accurate. You dont think theres something strange about or something odd about the White House Press secretary to get the cia director on the phone about an investigation . No. No. But, see, respectfully using words like knock down. There was a story hold on. No. No. It was there was reporters coming to us saying there is a story out there. Whats your take on it . And our answer was we dont believe its accurate. But obviously, thats our take on it. And reporters are saying to us well, is there anybody that you can point to substantiate this claim . Now, remember, this all started with the fbi coming to us. Bringing it to our attention saying that the story in the times was not accurate, in fact, it was bs. And all we did was simply say thats great. Could you tell other reporters the same thing youre telling us . And i would think that other reporters, yourself included, would think that that would be a helpful thi