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Aging population to hit U S economy like a ton of bricks - U S commerce secretary

Aging population to hit U.S. economy like a ton of bricks - U.S. commerce secretary By Andrea Shalal Reuters WASHINGTON (Reuters) - President Joe Biden does not yet have enough support from fellow Democrats to secure $400 billion in spending for at-home care for the elderly and disabled that the economy desperately needs, Commerce Secretary Gina Raimondo told Reuters on Monday. Raimondo, who is paying for round-the-clock care for her own 90-year-old mother, said America s aging demographics were going to hit the country like a ton of bricks without increased federal aid, and warned the current situation was untenable.

Aging population to hit U S economy like a ton of bricks : US commerce secretary

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