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States have a good offensive policy. I think it was admiral rogers not that long ago within the last few months said just as much as that, that we dont have a good cyber offensive policy. We talked about it ed a inad infinitum in classified settings for the entire 10 years i was on the intelligence community. We could never get consensus to move to the next place what that cyber offensive is. As a personal note i saw the administration say they will make china pay for the consequence of the opm hack. I cant wait. I cannot wait to see what the heck that thing is. Candidly, im not too excited ab...

Those clinicians who were providing higher quality, better value care a big movement in general to give patients more knowledge and to let them be more active participants in their own health care. Medicare solved the initial problem. It was designed to solve. But there is so much more that we need to do to make sure that the program improves and of course most importantly, is around for our children and grandchildren. That will be a whole other discussion. What changes would you make . First i think we need to establish that something is happening. As producing much better results. Were not s...

Again to an impossibly distant 2015. , the year that film comes to mind as i think about the changes we are seeing in how seniors approach work and retirement, the topic of todays hearing. For most of the past century, seniors have been withdrawing as americansforce came to view retirement as a time of uninterrupted rest and leisure that could last for decades. Ofthe year 2000, only 32 werecans age 55 and older still working, and the average age of retirement had dropped to just 63, but the babyboom generation has reversed this trend. Today, 40 of workers 55 and older remain in the workforce, ...

Expected to grow modestly this year and a solid pace through the next few years. Although real adjusted inflation grew weekly in early 2015, the economy now appears to be on firmer ground and we expect the pace of Economic Activity to pick up over the next calendar year and the next few years. After that, we expect to see moderate to constrained early growth in the workforce. Real gdp will grow by 2 this calendar year, by 3. 1 in 2016, and by 2. 7 in 2017. Above its potential or maximum sustainable rate over that time frame. The economy will grow at an average rate of 2. 2 , equal to its real ...

Lets give them a good round of applause. [applause] its a chock full day. Youll start hearing people give you insight to Social Security and a lot of it in depth of the actuarial perspective which are the lifeblood of the Social Security so youll be hearing but the key to this day, in my view and i hope to be here the whole day, is the last session real have a chance to put together a Social Security long term solvency program. Youll hear a lot of the options discussed and to do it yourself. This is an amazing city. I relocated here last july from new york, you might be surprised to think im f...