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Aging population to hit U.S. economy like a 'ton of bricks' – U.S. commerce secretary | WTVB | 1590 AM · 95.5 FM

By Syndicated Content By Andrea Shalal 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.” Failure to act, she said in an interview, would harm the U.S. economy by making it difficult for women – who fell out of the workforce by the millions during the COVID-19 pandemic – often to look after out-of-school children or parents – to return to work or remain in the workforce.

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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 FILE PHOTO: U.S. Secretary of Commerce Gina Raimondo speaks during a high speed internet event at the Eisenhower Executive Office Building s South Court Auditorium at the White House in Washington, U.S., June 3, 2021.REUTERS/Evelyn Hockstein July 12, 2021 By Andrea Shalal 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.”

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Aging population to hit U.S. economy like a 'ton of bricks' – U.S. commerce secretary | WSAU News/Talk 550 AM · 99.9 FM

By Syndicated Content By Andrea Shalal 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.” Failure to act, she said in an interview, would harm the U.S. economy by making it difficult for women – who fell out of the workforce by the millions during the COVID-19 pandemic – often to look after out-of-school children or parents – to return to work or remain in the workforce.

United-states
Washington
Americans
America
Peter-cooney
Gina-raimondo
Andrea-shalal
Joe-manchin
Joe-biden
Kamala-harris
Senate-democrats
Reuters

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
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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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
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Washington
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America
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Gina-raimondo
Andrea-shalal
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