Obama Eases Rules on Canceled Health Plans

President Barack Obama will ease rules that were causing some people to lose their health insurance under the health care law, he announced Nov. 14. Obama had repeatedly promised that consumers who like their health insurance plans could keep them under the new system. But some people who buy their own insurance – as opposed to getting it through an employer – found their plans canceled by insurers in recent weeks because they didn’t meet the minimum standards the law …

Una crisis peor que la del cierre temporal del gobierno

El cierre temporal del gobierno ha estado acaparando la atención del paí­s, y aunque continúan las negociaciones para resolver esta crisis, lo cierto es que se siembran más dudas sobre la economí­a a medida que se acerca lí­mite de la deuda (“debt ceiling”). Imagí­nate qué pasarí­a si el gobierno tuviera qué decidir a quién pagarle primero: ¿el Seguro Social a los jubilados o los fondos al programa de Medicare? Esto es lo que podrí­a suceder, según la Casa Blanca, si …

Helen Thomas: Grande Dame of the White House Press Corps

Some journalists, as the saying goes, speak truth to power. Helen Thomas made power squirm. White House correspondent Thomas, who died on July 20 at age 92 in Washington, D.C., covered every president from John F. Kennedy to Barack Obama over more than five decades. She was inquisitive – and an inquisitor. “I think that presidents deserve to be questioned, maybe irreverently, most of the time, [to] bring ‘em down a size,” she explained in an HBO documentary about her life. And …

Obama’s Budget Aims to Expand the Estate Tax

Just a few months ago, President Obama and Republican lawmakers on Capitol Hill negotiated their way off the fiscal cliff and agreed to make the estate tax a mere shadow of its former self – so much so, according to estimates from the Tax Policy Center, that only 3,800 estates will owe any federal estate tax in 2013. President Obama’s new budget proposal, however, aims to turn things back around. It would raise the estate tax rate to 45 percent …

Why the Chained CPI is Wrong for Social Security

Yesterday, the President included Social Security cuts in his budget through a proposal called the “chained CPI”. Let’s take a minute and break down exactly what that means: The chained CPI would modify the way the cost-of-living-adjustment (COLA) for Social Security is calculated, cutting benefits by $127 billion dollars over the next 10 years alone. That comes out to over $2000 in lost benefits for the average senior. Some have tried to defend this unprecedented inclusion of Social Security benefit …

Cutting Benefits: Washington’s New Way to Thank Veterans for Their Service

This week AARP highlights the financial losses veterans would face if a COLA cut known as Chained or Superlative CPI ever became law.  It seemed unlikely that after setting such a different agenda, rumors would still persist that the President wants to cut benefits for children, veterans, people with disabilities, widows, and older Americans in his budget.  If the President also thinks that making such a proposal doesn’t doom his chances to win the House back from GOP control, we …