federal budget

GOP Runs New Medicare Plan Up the Flagpole

Posted on 03/5/2013 by | Washington Watch | Comments

Bulletin Today | PoliticsRep. Paul Ryan (R-Wis.) might propose changing the age of immunity — immunity from cuts in Medicare, that is. Pay attention when Ryan, the chairman of the House Budget Committee, begins outlining his budget for reporters on March 6. Republicans have long said that the health insurance program for older Americans is growing so fast it will eat the federal budget alive. But the party line has been that people 55 and older won’t be affected – under the theory …

Obama: Don’t Break Promises for Secure Retirement

Posted on 02/12/2013 by | Washington Watch | Comments

Bulletin Today | PoliticsPresident Obama told the nation Tuesday that programs aimed at retirement security need reforming but don’t offer the solution to the nation’s deficit woes. In his 2013 State of the Union speech, Obama said across-the-board budget cuts scheduled to go into effect to tackle the deficit are difficult, but cutting Medicare and Social Security benefits instead would be a worse idea. “Yes, the biggest driver of our long-term debt is the rising cost of health care for an aging population. …

Automatic Budget Cuts Will Reduce Medicare Payments To Doctors, Providers By $11 Billion

Posted on 09/14/2012 by | Brooklyn, NY | Comments

Bulletin TodaySpecial Post By Mary Agnes Carey | Kaiser Health News staff writer Medicare providers would see reductions of about $11 billion beginning in January as part of series of automatic spending cuts set to begin next year unless Congress acts to halt them, according to estimates released Friday by the White House Office of Management and Budget. The numbers came in a report that details how federal agencies would implement roughly $110 billion in mandatory, across-the-board budget cuts agreed to …

Ryan’s Medicare Plan: Stalled for Now but Not Soon Forgotten

Posted on 03/30/2012 by | Politics | Comments

Bulletin Today | PoliticsThe budget and Medicare overhaul proposed by House Budget Committee chairman Paul Ryan, R-Wis., and just approved by the House (almost entirely along party lines) is all but certain to be dead on arrival in the Democratic-controlled Senate. But Ryan’s most recent plan to change Medicare is bound to have a long and lively life as a campaign issue this fall. Republicans, who maintain that current Medicare beneficiaries would see no change at all under the Ryan plan, hope to …

The Takeaway: Payroll Tax Cut Threatens Gov’t Shutdown; FDA Says Don’t Call 1-800-GET-THIN

Posted on 12/14/2011 by | Brooklyn, NY | Comments

Bulletin Today | Personal HealthOnce again, the federal government will run out of money in a few days unless Congress acts. And once again, partisan gridlock is hampering action.

The Takeaway: Debt Ceiling; Aging Cities; Betty Ford

Posted on 07/11/2011 by | The Takeaway | Comments

Bulletin TodayStill deadlocked, despite Sunday night meeting. With three weeks to go before the government can no longer borrow money to meet its obligations, President Obama and Congressional leaders are still without an agreement on how to raise the nation’s debt ceiling limit.