Archive for May 12th, 2009

Insolvency for Social Security and Medicare Is Seen Closer

By BRIAN KNOWLTON Published: May 12, 2009 WASHINGTON — The financial outlook for Medicare and Social Security has significantly worsened, as the bad economy and mounting job losses have pushed both programs years closer to insolvency, according to a grim report issued Tuesday by the Obama administration. The new projection, in an annual report from [...]

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Change in Estate Tax Suggested to Pay for Health Care

By JACKIE CALMES Published: May 11, 2009 WASHINGTON — Struggling to find ways to pay for the president’s signature health care overhaul, the administration on Monday proposed to raise nearly $60 billion more over 10 years mostly from tightening rules for inheritance taxes affecting the wealthiest estates. The Treasury Department’s proposals, and several others affecting [...]

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Public Opinion Snapshot: Obama Is Popular and So Are His Plans

Center for American Progress Public Opinion By Ruy Teixeira | May 11, 2009 There’s no doubt about it: President Barack Obama is quite popular with the American public. As a recent report from Gallup notes: “Nearly all major demographic categories of Americans are pleased with his job performance.” As just one example of this broad [...]

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5 THINGS YOU NEED TO KNOW ABOUT OBAMA’S PUBLIC HEALTH INSURANCE OPTION

Dear MoveOn member, Last week Republicans on Capitol Hill held a strategy summit on how to defeat key parts of the president’s health care plan. At one point, Republican pollster Frank Luntz declared, “You’re not going to get what you want, but you can kill what they’re trying to do.”1 Luntz wrote a confidential memo [...]

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PART B PREMIUMS IN 2010: FROZEN FOR MANY, HIGHER FOR SOME

No Social Security cost-of-living increase next year means higher costs for some beneficiaries and states By: Patricia Barry | Source: AARP Bulletin Today | May 7, 2009 For the first time in 35 years, older Americans will receive no cost-of-living increases (COLA) in their Social Security checks in 2010 according to Congressional Budget Office estimates. [...]

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