Reaching Across Party Lines to Support Caregivers

Members of Congress announced Tuesday the formation of the Assisting Caregivers Today caucus, a bipartisan coalition that aims to bring more attention to the plight of family caregivers. With the support of AARP and more than 20 other national organizations, Sens. Kelly Ayotte (R-N.H.) and Michael Bennet (D-Colo.) and Reps. Diane Black (R-Tenn.) and Michelle Lujan Grisham (D-N.M.) had an afternoon news conference to announce their efforts to provide more help for people to live independently as well as to …

5 Things to Know About the Obamacare Court Case

The Affordable Care Act is once again before the Supreme Court. On March 4, the justices will hear oral arguments in King v. Burwell, a case challenging the validity of tax subsidies helping millions of Americans buy health insurance if they don’t get it through an employer or the government. If the court rules against the Obama administration, those subsidies could be cut off for everyone in the three dozen states using healthcare.gov, the federal exchange website. A decision is …

Tell Congress Not to Leave Seniors Stranded

The Older Americans Act (OAA) is critical to helping seniors live independently as they age. Last month, the Senate HELP Committee unanimously approved the Older Americans Act Reauthorization Act of 2015, a bipartisan bill supported by AARP. The bill now awaits a vote in the full Senate. This is the third in a three-part series detailing the importance of programs funded by the OAA to the dignity of seniors across America. How would you get to your doctor’s appointment if you didn’t have a car? …

Obama Budget Would Drastically Alter IRA Rules

President Barack Obama calls them loopholes, although investors consider them playing by the rules. Yet under the president’s newly released budget, some of the tax strategies used by high-income earners to contribute to Roth IRAs or maximize the tax benefits on inherited IRAs would go away. Right now, to make a full or partial contribution to a tax-friendly Roth IRA, income must be under $131,000 for an individual and $193,000 for a married couple. High earners have gotten around this by …

Obama Seeks Funding to Take Genetic Medicine to Next Level

WASHINGTON (AP) — Holding out the promise of major medical breakthroughs, President Barack Obama on Friday called on Congress to approve spending in medical research that tailors treatment to an individual’s genes. Obama wants $215 million for what he’s calling a precision-medicine initiative that moves away from one-size-fits-all treatments. The ambitious goal: Scientists will assemble databases of about a million volunteers to study their genetics — and other factors such as their environments and the microbes that live in their …

Poll: If Court Rules Against Obamacare Subsidies, Most Want Them Restored

A new poll finds that most people think Congress or states should act to restore health insurance subsidies if the Supreme Court decides later this year they are not permitted in states where the federal government is running the marketplace. The court in March is set to hear King v. Burwell, a lawsuit arguing that the wording of the Affordable Care Act means that financial assistance with premiums is available in only the 13 states that created and are running …