[Congressional Record Volume 158, Number 6 (Wednesday, January 18, 2012)]
[House]
[Page H44]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ALZHEIMER'S DISEASE BUDGET AND NATIONAL PLAN
(Mr. MARKEY asked and was given permission to address the House for 1
minute.)
Mr. MARKEY. As we debate our national budget, we must address one of
the largest costs threatening our economy and bankrupting our
families--the Alzheimer's pandemic. 5.4 million Americans suffer from
Alzheimer's today, and as all the baby boomers retire, 15 million
Americans will have Alzheimer's.
We already spend $130 billion a year on Alzheimer's from Medicare and
Medicaid. At this rate, in 2050, we will spend $800 billion every year
from Medicare and Medicaid on this one disease alone. That is more than
the entire defense budget today.
Thankfully, right now, the Advisory Council for the National
Alzheimer's Project Act is developing the first-ever comprehensive
national plan to fight this disease. We cannot cut funding for medical
research for Alzheimer's today if we want to balance the budget
tomorrow.
We made a vow to care for our citizens as they age. NIH is the
National Institutes of Hope. We must not cut that budget or else all of
these families with Alzheimer's will have no hope.
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