Hesaidthat if Medicare and Medicaid grow as fast over the next four decades as they did over the past four, they will make up a fifth of the nation's economy by 2050.
He also saidthe law would help prevent repeats of the deadly bungles that occurred in Arizona along the border with Mexico during Operation Fast and Furious by giving border patrollers a solid legal framework to catch smugglers with.
Barton Crockett, an analyst with Lazard Capital markets, saidthat was an unimpressive number for a company accustomed to fast growth, and he questioned whether the company's spending on overseas markets would pay off.