Welcome one and all. Great to see our witnesses. Great to be here with senator johnson, and well call this hearing to order. I appreciate the effort of all of you to get here today. Im glad were having the hearing today, and not tomorrow. If we were having it tomorrow we might not be having a hearing. Todays hearing, as you know, is focused on the costs of not being prepared for extreme weather events, and exploring the ways that our federal government can increase resiliency in our communities, and just to underbehind this, and save money. Save money in the long haul. We have deficits coming down, theyre still too much. Down from 1. 4 trillion, i think, four years ago, this year expected to be down to about 550 billion. Only 550 billion. Thats still way too much and we have to continue to look in every nook and cranny and figure out how do we save more money. Thats the focus of todays hearing. But, i will try to take about five minutes for my Opening Statement and yield to senator joh
Entrepreneurs there are currently 9 million this is the only statistic i will give. There are 9 million coming over the next decade i and the odor of Senior Living solutions for the first time to abide assisted Living Solutions to Public Housing in miami 1996. In fact, he may not remember revisited 1988 in reverse so happy to see you there. We have worked with public and private entities in 23 states. Later we will open the first public assisted living facility right here in washington d. C. Our projects with medicated in medicare spending generating thousands of jobs and helping the profit margin. For the past two years we have partnered with low income tax credits for Affordable Housing and investors to grow our bottle that has required a major of undertaking on our part. In 1995 i created senior giving solutions as a forprofit going to grow the firm we had to be propelled by profits under the secretary of beijing i developed a very good understanding of aging issues with a good netw
You moment noted the requirement they november the fda in advance help the situation they are able to take from steps. While fda is planning to establish a new Information System to track data there are significant concerns specifically conducting routine analysis of existing data drug shortage in the data base to respond practically. Can you elaborate on it . Yes. We had concerns about we call internal control. They ensure the accurate sei in data base. And extend to which they are doing broader able cease to look at things like the ongoing shortages as opposed to use it as a tool it help them track the status of an individual shortage. What were not seeing is the kinds of larger able cease looking at trends and as time goes on. They have more fully developed data. We believe it is important to engage. They agreed with us it is something they plan to start doing now they have a little bit more data for a little longer period of time. That is something they can do. We talk about your e
The government. So i look forward to this and thank you very much. Were just glad that you could join us, senator johnson and me. Thanks so much for coming for your comments. When along when senator begich was speaking i was reminded of all people senator mick enzi from wyoming, as my colleagues know, i oftentimes cite him, he may be later here today. He has his 80 20 rule that is one of his Guiding Principles in terms of how to get things done and the 80 20 rule is basically, we agree on 80 of the stuff. Here in congress. We disagree maybe on 20 . Lets just focus on the 80 that we agree on. And well set the other 20 aside until another day. And today i think were going to focus on the 80 that we can agree on. And to help try to path for just the congress but for our country. The one of the people whos not here yet will probably be here in a little bit is senator from arkansas mark pryor. They have a saying in arkansas, whenever you see a friend, and mark pryor said this to me about a
You are taking your country back. You are going to let people that you want in the country and people that you dont want to people that you dont think going to be appropriate for your or good for your country, you are not going to have to take. The white house issued a statement saying the people of United Kingdom have spoken and we respect their decision. Three reports of the economic fall out here in tust and across the globe, we start in london with nbcs kier simmons outside the house of parliament, your perspective on all of this on more unique and at most, this is your home, these are your people, whats the mood there of the United Kingdom today . Reporter yeah, you are right, you know craig, i am going to tell you that, i felt a weight on my chest ever since we began to hear the news about the results of which way it is going. I think of my children and the future of the country, we dont know what the results will be and which side is right ultimately, thats the truth. Anyone who