February 26, 2010

Health Care

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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

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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

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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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