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Then we will look at scholarships, sex assaults and whether student athletes should be paid. Earlier in year a House Sub Committee looked into brain injuries from football, hockey and other sports. Officials with the nfl and National Hockey league talked about how their industries address the issue. We will also hear from professional and student athletes. This hearing is about three hours. All right. I want to thank everyone for being here. We are now at the full Committee Ranking member, the gentleman from california joins us. We now have the ability to start our hearing. So ill introduce you after my statement and before you start your testimonies. So ill open with my opening statement. Morning jan. So good morning and welcome to this mornings hearing. Today its my hope to learn what steps are being taken to ....
65. By 2030 that number will have grown by 30 million. And by 2050, that number will have grown by 40 million. So as you can see, the percentage of the old old as you in the orange and yellow boxes in this chart grows very quickly. Again, if you think back to the chart in terms of the amount of per capita spending that increases as people age you see we are looking at a growing number of individuals who, in fact, will be the most expensive portion of the Medicare Program. At the same time we have fewer young people coming in and we have fewer people that are paying payroll taxes to essentially support the program. And, of course, among those who are the most costly and juliet touched on this issue, are those who are dual ebl jiblligible. But Rising Health care costs is also an issue for the beneficiary. As juliet pointed out, as a population theyre not all living in palm bea ....
65. By 2030 that number will have grown by 30 million. And by 2050, that number will have grown by 40 million. So as you can see, the percentage of the old old as you in the orange and yellow boxes in this chart grows very quickly. Again, if you think back to the chart in terms of the amount of per capita spending that increases as people age you see we are looking at a growing number of individuals who, in fact, will be the most expensive portion of the Medicare Program. At the same time we have fewer young people coming in and we have fewer people that are paying payroll taxes to essentially support the program. And, of course, among those who are the most costly and juliet touched on this issue, are those who are dual ebl jiblligible. But Rising Health care costs is also an issue for the beneficiary. As juliet pointed out, as a population theyre not all living in palm bea ....
That curse . I wholeheartedly agree with the attorney general with regard to his comment. The short answer to your question is that this budget submission reflects hard choices given our fiscally constrained environment in which we are operating pursuant to the bipartisan budget act and the top line limit that we face. With regard to the coast guard, i am personally committed to continuing with our recapitalization effort. My understanding is that the coast guard has the oldest fleet of vessels of any navy in the world. We need to continue our recapitalization effort. I am pleased that we have asked for 562 million to fund the National Security cut number eight which is the last one in that production line. I am pleased that we are continuing progress towards the selection of a contractor for the off shore patrol cutter, which is the medium sized cutter in the fleet and i am pleased that we have forward progress with regard to ....
Capacity online in the next major evolution is how we broadly across the u. S. Government to apply those issues. There is also the issue of bothing out to utilities financial utilities and public utilities. Is that something where you would need either funding or authorization or encouragement from congress . At this stage, i dont know. I do make the commitment that if i am confirmed, i will assess that and if i do believe that money or authority or support from a legislative site is required, i will approach you. I would encourage you to do that because i think there are so many different moving parts in these issues that you are addressing. Its not just in terms of operational but privacy, constitutional policy, commercial Enterprises Vs governmental enterprises, not for profits i think this exercise would be hugely important. This is bubbly not the most precise analogy but when we saw and 1940,ing in 1939 we learned a lot in lo ....