Bulletin Today | PoliticsBy Jim Kuhnhenn and Julie Pace, White House Correspondents, The Associated Press WASHINGTON (AP) — Staking out his ground ahead of a fiscal deadline, President Barack Obama lashed out against Republicans, saying they are unwilling to raise taxes to reduce deficits and warning that the jobs of essential government workers, from teachers to emergency responders, are on the line. Obama spoke as a March 1 deadline for automatic across-the-board spending cuts approached and with Republicans and Democrats in an apparent …
News RoundupsYet the deficit reduction committee’s deadline fast approaching, it’s still uncertain whether panel members will be able to get over their current partisan deadlock and actually do what they set out to do—and if they fail, older Americans have a lot to lose. Plus, a new analysis finds 20 percent of all American adults are taking medication to treat some sort of mental or behavioral health problem.
News RoundupsAARP CEO A. Barry Rand sent a letter yesterday to the debt Super Committee asking the 12-member panel not to include Social Security or Medicare benefit cuts in its plans. And the newly-created Office of Older Americans, within the U.S. Consumer Financial Protection Bureau, will focus on stopping the financial abuse of older adults. Regulators say financial fraud costs older Americans about $3 billion a year.