Also on power lunch why your doctor is so angry and confused these days. First, though, to sarah eisen in for manned where i. Shes at the nyse. Hi sarah. Hi. Good afternoon, tyler. Were going to begin with a big deal in the transportation sector. Fedex making a major move into europe buying european rival t t. What is it this mean . Investors seem to like it. Morgan brennan outside Fedex Distribution Center in manhattan for us. Morgan. Well, thats exactly what it means. Fedex is expanding into a Market Europe that until now its had little share of. Fedex has largely focused in az wra. Instead the two dominant players in europe have been ups and dhl. By acquiring tnt express, fedex dramatically expands its presence in europe, and it does so primarily through ground operations. The chairman says there is a number of reason to do this now. The Dollar Exchange ratio was very favorable. The quantity the quantitative easing means the economy has a better outlook now than for some period of t
Form in rural and underserved areas. Cms recognizes challenges faced by beneficiaries and providers in rural areas. I look forward to working with hrsa and the congress delivering quality care to Medicare Beneficiaries regardless of their location. Thank you again and im happy to answer your questions. Thank you both. Let me answer a couple of questions and well do fiveminute rounds here. Mr. Morris, the department the budget the administration submitted would have cut your budget by 20 million. Did you ask for that cut . Mr. Chairman, we support the president s budget and the request that came forward. We think it supports the key programs for our office. Includes continued funding for the outreach program, the rural hospital flexibility program. For our policy and Research Activities and we think those are the programs that can be most effective meeting the needs. Where are you going to spend 20 million less than you are spending this year . The president s budget there is a decrease
About the eligibility requirements of the current child nutrition assistance cadre of programs as they exist today . I think the important thing when youre talking about reducing errors and improper payment which is i think we all agree is a very important endeavor is to create a culture where a culture of compliance with the rules. We want the rules to be followed. I dont think the rules themselves are the problem i think its helping people understand them and there are lots of different people involved in the system. Its families when theyre filling out applications, its schools when theyre running programs, its states when theyre administering them. So i think that kind of day in and day out work is whats most important to reduce errors and reduce improper payments in the program. I would second that and also add its important to as a former president once famously stated, its important to not only trust but verify. I would add to that and say its important to trust and verify in a
Any real meaning in the real world . I mean, isnt the reality that when we say we are reimbursing more than costs, we only reimburse not all costs are reimbursable. We create this impression that a hospital is getting more than what it costs them to operate. Is there analysis . Can you quantify really what is going on in a hospital when we tell them or when we tell the public that your hospital is getting 101 of costs when its really reimbursable costs . Yeah, that is a as you know, thats a very complicated question. You know, it goes back to the historical costs of the hospital and if they converted to critical access, what those historical costs feed into, what they would be paid under the ch reimbursement status. So it does vary from state to state. But i would be happy to get back with you and also with your staff. We can connect you with some of the folks at the university of North Carolina as well some of our experts to better understand it. In todays setting i would welcome that
Also district maps a foldout map of capitol hill, and a look at congressional committees, the president s cabinet, federal agencies and state governors. Order your copy today, its 13. 95, plus shipping and handling through the cspan online store at cspan. Org. Tonight on the communicators, at this years Consumer Electronics show we met up with you a Thor Peter Nowak who says were in a new phase of Human Development and through robots and other technology were likely to enhance the human condition. Robots i think is an especially interesting one because 2014 i think was the year of robot angst. I dont know if i could a day went by i didnt see some kind of story about how robots are stealing jobs from humans and were all going to end up out of work. On a daily basis you hear stories about here is a robot thats a better bartender than humidities a better waitress or waiter than humans and so on and so on. The thing that i find the point i think thats missed a lot is that every prior revol