Mr. President, I believe in markets and I believe in transparency, and that is what I wish to speak about today. I think markets generally are the best allocators of goods and services, but in order for markets to work, people who purchase--consumers--need information. I wish to address one small piece of a very important market today. I serve on the Budget Committee of this body and as such I have had an opportunity to look at not only the current budget but projections of future budgets. I think it is important to emphasize that virtually all the growth--all the growth--in future Federal budgets is attributable to health care--all the growth. It is not Pell grants, it is not national parks, it is not national defense, it is not the National Security Agency; it is all in health care. There are several ways we can control those costs. One way which has been suggested is to simply shift those costs off to other people--to the States, to the elderly, to other citizens--and say it is not the Federal Government's problem; it is someone else's problem. I would suggest that is not the answer. We need to be focused on the issue of health care costs generally, for everyone--for the Federal Government as a consumer, as it is in Medicare and Medicaid, but also for all of us as health care consumers across the country. The standard response around here to growing health care costs is to cut programs, cut recipients, reduce payments to States, or reduce payments to providers.…
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Madam President, I ask unanimous consent that the order for the quorum call be rescinded. The PRESIDING OFFICER. Without objection, it is so ordered. The junior Senator from Maine is recognized.
We agree with Senator Sanders' objective of holding this hearing to explore options for employees to share any 'AI wealth dividend' that may occur as a result of AI-related productivity advances in the workplace.
Mr. President, Chairman Reed has spoken eloquently in the last few minutes about the personal impact of this hold on general officer nominations, on what it means to families, what it means to careers, what it means to people who are…
Tremendous opportunity for everybody, absolutely. But the issue of distribution of wealth, the wealth dividend, Senator, from AI, I know that is what we are really talking about here.





