Kennedy was the first supply-sider. In January 1963, in his State of the Union address, Kennedy called for a tax cut. Congressional leaders, led by Ways and Means Committee Chairman, Wilbur Mills, were skeptical. Mills felt that since there was no recession at the time, there was no need to take action.
Payments to a CCRC/FFSCCRC consist of two components: an entrance fee (generally comparable to the average value of residential homes in the community's geographic area); and, a monthly fee. Entrance fees begin at approximately $115,000 for a single person independent living unit.he long term care services, enriched housing/assisted living and skilled nursing facility care, are available on a fee for service or per diem basis. There is no long-term care benefit included in the contract; the resident pays for long-term care if and when needed.
The average cost for a private one-bedroom apartment in an assisted living residence is over $3,000 per month, according to research compiled by several nonprofit senior living organizations, including the Assisted Living Federation of America.