Seniors would see smaller Social Security checks under Obama budget
April 10th, 2013
07:39 AM ET
2 years ago

Seniors would see smaller Social Security checks under Obama budget

New York (CNNMoney) – Senior citizens would see their Social Security checks shrink under President Obama's latest budget proposal.

The budget plan, being released Wednesday, calls for changing the way the annual cost of living adjustments for Social Security and other federal programs are calculated. Shifting to "chained CPI" from the current inflation measure could reduce the federal debt by $230 billion, but it would also mean that seniors would get smaller increases in their Social Security payments each year.

FULL STORY

Filed under: Budget • President Obama • Social Security
Republicans revive Medicare subsidy plan
March 12th, 2013
02:11 PM ET
2 years ago

Republicans revive Medicare subsidy plan

New York (CNNMoney) – How does Rep. Paul Ryan want to save Medicare? Offer seniors subsidies to cover their premiums.

Here we go again.

FULL STORY

Filed under: CNNMoney.com • Medicare • Paul Ryan
Election 2012: What about the poor?
November 5th, 2012
07:00 AM ET
2 years ago

Election 2012: What about the poor?

New York (CNNMoney) – One wants to strengthen the nation's existing safety net. The other wants to overhaul it.

President Barack Obama and challenger Mitt Romney have vastly different views on how to help the 46.2 million Americans in poverty and the more than 30 million people who are near poor. The president leans toward expanding the programs that exist, while the Republicans say they will set up a system that fosters economic opportunity instead of government dependency.

Watch CNN's comprehensive coverage of Election Day starting at 6 p.m. ET Tuesday on CNN TV and follow online at CNN.com or via CNN's apps for iPhone, iPad and Android. For up-to-the-minute results, go to cnn.com/results and for our real-time Election Day live blog, check out cnn.com/conversation. Need other reasons to watch Election Day coverage on CNN's platforms? Click here for our list.

FULL STORY

Filed under: 2012 • CNNMoney.com • Economy • Mitt Romney • President Obama
Medicaid expansion: Many could be left out
June 29th, 2012
07:44 AM ET
2 years ago

Medicaid expansion: Many could be left out

New York (CNNMoney) – The Supreme Court may have upheld health care reform, but the ruling has left many of the poorest Americans at risk of remaining uninsured.

The justices' decision Thursday kept in place nearly all of the Affordable Care Act's provisions, including the mandate that all consumers buy health insurance by 2014 or pay a tax.

FULL STORY

Filed under: CNNMoney.com • Health care • Medicaid • Supreme Court
Obama: How we could get to 6% unemployment rate
April 4th, 2012
07:38 PM ET
3 years ago

Obama: How we could get to 6% unemployment rate

New York (CNNMoney) – Obama: How we could get to 6% unemployment rate

The construction industry and state and local governments are among the biggest drags on the nation's economic recovery, President Obama said Wednesday.

FULL STORY

Filed under: 2012 • CNNMoney.com • President Obama • unemployment
Congress restructures unemployment benefits
February 16th, 2012
05:55 PM ET
3 years ago

Congress restructures unemployment benefits

New York (CNNMoney) – The 99ers? Call them the 73ers.

Beginning later this year, the maximum number of weeks the jobless can collect unemployment benefits would be reduced to 73 weeks, under a new deal being hammered out in Congress.

FULL STORY

Filed under: CNNMoney.com • Congress • Economy • Jobs
Did Obama really make government bigger?
January 25th, 2012
08:16 AM ET
3 years ago

Did Obama really make government bigger?

New York (CNNMoney) - President Obama = big government.

Or so say the Republican presidential candidates. Newt Gingrich has labeled him the "food stamp president" for expanding entitlements, while Mitt Romney has said the size of the federal government has "exploded" under Obama.

FULL STORY

Filed under: 2012 • CNNMoney.com • President Obama • Republicans
Can Obama save teacher jobs?
September 8th, 2011
11:27 AM ET
3 years ago

Can Obama save teacher jobs?

New York (CNNMoney) - President Obama is looking to send billions of dollars to the states to stem the crush of teacher layoffs.

The proposal, which is expected to be unveiled Thursday night as part of Obama's jobs agenda, will likely mirror a $10 billion measure he signed last August to minimize the downsizing of teachers and first responders. That legislation is estimated to have saved 100,000 positions.

FULL STORY

Filed under: Education • Jobs • President Obama
Should Obama extend the payroll tax holiday and jobless benefits?
August 16th, 2011
11:55 AM ET
3 years ago

Should Obama extend the payroll tax holiday and jobless benefits?

NEW YORK (CNNMoney) - Now that the debt ceiling crisis is behind him, President Obama is ready to focus on the top problem plaguing the American economy: weak job creation.

Part of his prescription for 2012 revolves around cutting payroll taxes by 2 percentage points and extending unemployment benefits. The idea is give people more money to spend, which will entice businesses to hire additional workers to meet the demand.

Wait...aren't those programs already in place?

FULL STORY

Filed under: Jobs • President Obama • unemployment
Minnesota government shuts down as budget talks stall
July 1st, 2011
07:59 AM ET
3 years ago

Minnesota government shuts down as budget talks stall

NEW YORK (CNNMoney) - A budget stalemate forced a virtual full shut down of the Minnesota government on Friday and left only a limited array of state services in operation over the busy holiday weekend.

Visitors won't be able to go to the state parks or the zoo, and travelers will find the highway rest stops shuttered. Road construction projects will cease, as will licensing for teachers and businesses.

FULL STORY

Filed under: Budget • Minnesota
« older posts
newer posts »