February 26, 2010
Health Care
Response to President’s Health Care Plan and Summit: Three Things You Can Do
In order to bridge the differences between the U.S. House and Senate-passed health care bills – and continue to move reform forward – President Obama unveiled his Administration’s own health plan on Monday. The plan contains several major steps toward improving the well-being of current and future retirees. “President Obama’s plan recognizes the millions of seniors who …
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February 19, 2010
Economic Security
President Establishes Debt Commission to Look at Social Security and Medicare
Yesterday, President Barack Obama signed an Executive Order establishing a commission to tackle the federal debt. The commission’s purpose is to reduce the federal budget deficit from 10% to 3% by 2015 and to propose ways to contain costs related to Medicare, Medicaid and Social Security. As co-chairs of the commission, the president named former …
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February 5, 2010
Retirement Security
President’s Budget Includes $250 Stimulus Payment for Social Security Recipients
President Obama’s Fiscal Year 2011 budget proposes a $250 payment to Social Security recipients. The relief would come at a time when Social Security beneficiaries will not be receiving a normal cost-of-living adjustment (COLA) because of a formula that forbids adjustments during times of negative inflation. “Without a COLA, far too many of America’s …
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