Science is on the march in the heart of New York City. With five Nobel laureates on its faculty, Rockefeller University scientists are working to unlock the mysteries of dread diseases such as cancer and Alzheimer’s. Rockefeller’s President, Dr. Marc Tessier-Lavigne, tells Jim of some of Rockefeller’s breakthrough discoveries, and updates the prospects for further advances in the service of humanity.
American annual healthcare spending is $3.8 trillion, a whopping 20% of GDP. Obamacare covered millions of uninsured Americans, but did nothing about spiraling costs. Steven Brill, author of the bestseller, America’s Bitter Pill-Money, Politics, Backroom Deals, and the Fight to Fix Our Broken Healthcare System, analyzes the issue and tells Jim what can be done.
Congress approved an 11th-hour deal to raise the debt ceiling, in the face of dire threats that not to do so would bring down the global economy. But, instead of resolving the crisis, the lawmakers merely kicked the can down the road four months. Financial Times chief economics commentator, Martin Wolf, tells Jim that the US debt ceiling is “the legislative equivalent of a nuclear bomb aimed by the US at itself.”
Democrats have attacked Romney for trying to “end Medicare as we know it.” But is it the other way around? Close to 25% of seniors have opted for Medicare Advantage, a private plan subsidized by Medicare. Obama has financed Obamacare with $818 billion in cuts over 10 years, coming mostly from cuts in Medicare Advantage subsidies. Will this result in greater costs to seniors and a reduction in benefits? Former HEW Secretary Joe Califano tells Jim the answer.
Republicans have made it a priority to repeal or reform the Healthcare Reform Act, but the president and CEO of New York Presbyterian Hospital, explains how soaring healthcare costs can be curtailed without new legislation.
Obama claims he can achieve huge savings in healthcare. One part of it is the digitalization of healthcare records. Can he force doctors into the Digital Age? Califano, who was at LBJ’s side when Medicare was enacted, knows how healthcare costs can spiral out of control.
Scott Brown may owe his Massachusetts Miracle to the $1 million a day he raised on the Internet. Since then Obama can’t seem to do anything right.
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