Fiscal Deal Leaves Social Security and Medicare Hanging

One fiscal crisis is winding down, but another round of budget negotiations looms. And that could mean Social Security and Medicare cuts will again be part of the conversation. President Barack Obama signed a measure on Oct. 17 that reopened the government and preempted a default. But, says the Washington Post, the deal’s “timeline sets up another potentially bitter showdown over spending cuts and entitlement programs that will unfold in the halls of Congress over the next four months by starting …

Ronald Reagan’s 9 Wisest Words About Social Security

The following is a guest post by David Certner, AARP legislative policy director. The last time we made significant changes to Social Security – including adjustments to benefits – was the 1983 Social Security amendments. At the time, Social Security had less than a year’s worth of solvency, and a bipartisan agreement to put Social Security on sound financial footing was essential. That legislation, negotiated by President Reagan and Democratic House Speaker Tip O’Neill, focused on what was needed protect …

Always be prepared

In an AdWeek article posted yesterday, the author takes a look at Americans’ financial unpreparedness for retirement, especially in these tough economic times. The story reports on a study from the Center for Retirement Research at Boston College called “The National Retirement Risk Index: After the Crash.” Other studies are showing that younger generations are taking notice – and therefore taking steps to make sure they are doing a better job of saving in pre-retirement years. A report from AARP …

Older Workers in the News

The recurring theme of older works and unemployment was in the news again this weekend. This one from the New York Times says that there are more Americans 65 and over working than any time in history: 6.6 million. And in addition to those 6.6 million in the workforce, another 500,000 seniors want to work but cannot find work. The article really delves deep into the dire situation. “That so many of them are still trying to find work shows …

From The New York Times to PerezHilton, AARP is Making News Across the Nation

Hot on the AARP News radar this morning is a front page article in the New York Times that takes a look at the effect the bill taken up this week by the Senate Finance Committee would have on seniors receiving health benefits through Medicare. The debate is heated, and AARP had a voice in the article: David Certner, legislative counsel is quoted, saying “It’s unfair to single out seniors to pay more for their health benefits when other high-income …