Good morning, everyone. Welcome to the newly refurbished, excuse me, well, i want to call it the oversight Investigation Committee room which is sometimes used by energy and commerce, and what a but beautiful room. It is more conducive to the good hearing. This is the the first one of the 115th congress and welcome here, and welcome in the Witnesses Today. This is the and welcome back to my friend and colleague Ranking Member from colorado. This is our Medicaid Oversight Committee on existing problems and ways to strengthen the program. We are convened to examine a critical component of the Affordable Care act, medicaid and medicare expansion. It covers over 70 million americans and accounts for more than 15 of the Health Care Spending in the United States. In 2015 alone, the federal taxpayers spent over 350 billion on medicaid and the costs continue to rise each year according to the congressional budget office, and the shares are expected to rise significantly in the coming the decad
Good morning everyone. Welcome to the newly refurbished oversight investigation room. This is the first one of 115th congress. Welcome here and welcome our Witnesses Today. Welcome back to my friend and colleague. This is our medicaid oversight hearing on ways to strengthen the program. The Sub Committee convenes to examine patient and Affordable Care act. Medicaid and Medicaid Expansion. It provides Health Care Coverage for over 70 million americans and accounts for more than 15 of health dacare spending in th United States. The federal share and medicaid spending is expected to rise from 371 billion in 2016 to 624 billion in 2026, ten years. At a time when Medicaid Program costs are skyrocketing it makes sense to ask is it adequately serving our most vulnerable populations . 20 and 40 cents of value for each the government spends on their behalf. Further, reports by nonpartisan watchdogs, two of which are here today show that the Program Remains a target for waste, fraud and abuse. B
Good morning everyone. Welcome to the newly refurbished oversight investigation room. This is the first one of 115th congress. Welcome here and welcome our Witnesses Today. Welcome back to my friend and colleague. This is our medicaid oversight hearing on ways to strengthen the program. The Sub Committee convenes to examine patient and Affordable Care act. Medicaid and Medicaid Expansion. It provides Health Care Coverage for over 70 million americans and accounts for more than 15 of health dacare spending in th United States. The federal share and medicaid spending is expected to rise from 371 billion in 2016 to 624 billion in 2026, ten years. At a time when Medicaid Program costs are skyrocketing it makes sense to ask is it adequately serving our most vulnerable populations . 20 and 40 cents of value for each the government spends on their behalf. Further, reports by nonpartisan watchdogs, two of which are here today show that the Program Remains a target for waste, fraud and abuse. B
Good morning, everyone. Welcome to the newly refurbished i dont want to call it the oversight investigation room. Which is sometimes used by energy and commerce. What a beautiful room. And it will be more conducive to hearings. This is the first of the 115th congress. Welcome here. And welcome to our Witnesses Today. This is our and welcome back to my friend and colleague, Ranking Member from colorado. This is our medicaid oversight hearing on ways to strengthen the problem. The subcommittee convenes this hearing to examine a critical component of the Patient Protection and Affordable Care act. Medicaid and Medicaid Expansion. As the Worlds Largest health program, medicaid provides Health Care Coverage for over 70 million americans, and accounts for more than 15 of Health Care Spending in the United States. In 2015 alone, federal taxpayers spent over 350 billion on medicaid. The costs continue to rise each other. The federal share and medicaid spending is expected to rise significantly
Welcome to countdown, i am mark orton martin. Mark barton. Bloomberg reporters are standing by to deliver the stories that will drive you they your day. Ryan chilcote is indiana. Na. Indiana ihn vien and Olivia Sterns is in Trafalgar Square in london be read lets get to the aching numbers for to the breaking numbers. This is the spanish Clothing Store that owns a zahra. Zara. S not the 11 drop we were anticipating, but lower than last year. Sales have missed analysts estimates. Sales up less than expected. The local currency stores, sales up 11 . They are saying this is largely to do with current see. They have been trying to push out in country such as brazil, china, russia. Offsetting the sluggish sales in the home territory, that being spain. But weaker foreign countries, especially russia, have been tracking on sales and profitability. See that profit up to 406 million euros. Again, slightly lower than it was last year. We will be looking at what the outlook is. The Second Quarter